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Advancing development of local content at forefront of SBM Offshore’s milestones in 2022

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SBM Offshore said it had another successful year in Guyana in 2022. In a video published on its Facebook page, the company said it achieved major milestones including the start-up of the Liza Unity floating production storage and offloading...
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Great opportunity for local content when new offshore blocks are awarded – business group

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The Guyana Manufacturing and Services Association (GMSA) is optimistic about the government’s recent announcement of a bid round for 14 blocks offshore Guyana. GMSA is the main advocacy body for local manufacturers and companies of related services and operates as a...
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Local Content Advisory Committee pending opposition nominee – Bharrat

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Natural Resources Minister, Vickram Bharrat, has informed the National Assembly that the government is awaiting a nominee from the political opposition to move ahead with the establishment of a Local Content Advisory Committee. His comment was a direct response to a...
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Guyana private sector calls for expansion of categories ring-fenced under local content law

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The Private Sector Commission (PSC) on Thursday hosted a forum to solicit feedback from its members on the strengths and weaknesses of the Local Act of Guyana, which is poised for its first periodic review. The event was held at...
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Local Content Certificate is a powerful tool when being evaluated for contracts – Dr. Pertab

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Having a Local Content Certificate not only demonstrates to regulators that you are a legitimate Guyanese company or joint venture in the oil and gas supply chain, but it also puts you in an advantageous position during the evaluation...
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Ramps team ‘re-energised’ after stressful battle for Local Content Certificate – CEO

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After months of public appeals to Guyana’s Local Content Secretariat, impassioned testimonials from its Guyanese staff, and a court battle, Ramps Logistics Guyana is now elated by its recent win – a Local Content Certificate. So related its Chief...
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Guyana government may appeal court ruling on Ramps local content certificate

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The Guyana government said, shortly after issuing a Local Content Certificate to Ramps Logistics Guyana, that it is considering appealing the High Court ruling which compelled it to do so. A statement from the Ministry of Natural Resources said strong...
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Ramps Logistics wins judicial hearing for Guyana Local Content Certificate 

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Chief Justice Roxane George-Wiltshire S.C. ruled on Friday that the Minister of Natural Resources, Vickram Bharrat, and Director of the Local Content Secretariat, Dr. Martin Pertab, erred in their denial of a Local Content Certificate to Ramps Logistics Guyana...
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Local content earnings top GY$129 billion, over 350 certificates issued to suppliers

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Guyana’s Local Content Secretariat said Tuesday that it has granted Local Content certificates to 354 Guyanese suppliers, listed on its website. The coveted certification allows those suppliers to be treated with legally mandated preference by international oil companies (IOCs) and...
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Extending transition period for compliance with Local Content law could foster more genuine partnerships – businessman

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While he agrees wholeheartedly with Guyana’s move to implement robust Local Content legislation, Chief Executive Officer (CEO) of Ascending Limited, Andrew Schnitzer da Silva, asserts that authorities may wish to consider extending the transition period for compliance beyond 2022....
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‘Business as usual’: No disruption in Guyana’s operations despite Venezuela controversy – GCCI Pres.  

Kathy Smith, President of the Georgetown Chamber of Commerce and Industry (GCCI), has made it clear that there has...

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