Showing results for:

News

Ramps says legal action on the cards over local content spat

Kemol King -
Ramps Logistics’ chief executive, Shaun Rampersad came out in defense of the efforts it made to receive a Guyana local content certificate, including divestment of 51% of the company to a man with Guyanese citizenship named Deepak Lall. This...
News

Ramps fails in bid to operate as local company, says it ticked all the boxes

OilNOW -
Ramps Logistics Guyana Inc. has brought forward a claim that the company was denied its Local Content certification even though it met all the requirements set. “The recently passed Local Content Act stipulates that a company must have a local content certificate...
News

Logistics company ramping up vessel capacity as demand for services offshore Guyana grows

OilNOW -
RAMPS Logistics is expanding its services in Guyana as exploration and production activities offshore the South American country continue to expand. The company plans to increase the number of vessels operating in the country which the head of its...
News

Three-week certification target set for Guyana’s local content applicants

OilNOW -
The Government of Guyana is stepping up efforts to strengthen the local content framework in the oil and gas sector, according to the Ministry of Natural Resources. At the recently concluded Local Content Summit, Minister of Natural Resources, Vickram Bharrat,...
News

New column aiming to help public better understand Guyana’s oil laws

OilNOW -
Chevy Devonish, an attorney and lecturer at the University of Guyana, is collaborating with OilNOW by way of a new column which aims to demystify the complex legal framework governing Guyana's oil and gas sector. Devonish emphasized the urgent...
Energy Insights

Distilling Guyana’s Oil and Gas Regulatory Framework: The Introduction

OilNOW -
By Chevy Devonish ExxonMobil Guyana Limited (ExxonMobil), and its partners Hess and CNOOC started oil and gas exploration in Guyana in 2008, and the first significant discovery, Liza-1, was made in 2015. In his 2024 budget speech, Dr. Ashni Singh, Senior...
News

EDO, Noble, MATPAL in new scholarship partnership for Guyanese cadet officers 

OilNOW -
El Dorado Offshore (EDO), Noble Corporation, and MATPAL have started a new scholarship program for six Guyanese cadet officers, EDO said in a May 30 release.  The Ramps Logistics subsidiary did not state the nature of the awards. However, it...
News

Ghana’s tech expertise meets Guyanese roots for oil oversight

OilNOW -
A Ghanaian technology firm known for its expertise in the oil and gas sector has teamed up with a Guyanese/Canadian company to offer offshore monitoring services for the South-American nation’s growing energy industry.  West Coast Gas Ghana, a multinational company...
Opinions

How companies can win in the upcoming oil auctions in Guyana

OilNOW -
By Arthur Deakin - OilNOW Within months, Guyana is expected to have auctioned 14 different oil blocks surrounding the biggest offshore oil discovery in the last decade. The government has announced that there could be 25 billion barrels of...
Opinions

The Paradox of Plenty: Reflections on Implementing Guyana’s Local Content Laws

OilNOW -
By Vivian M. Williams, Esq. and Dr. Terrence Blackman - OilNOW In October 2022, the Guyana Business Journal (GBJ) challenged a panel in Episode V of its Webinar series Transforming Guyana to deliberate on How Guyana could maximise local capture...
1...3456Page 4 of 6

Latest News

NewsOilNOW -

‘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...

OilNOW is a Resource Center founded and owned by Guyanese. OilNOW is an apolitical, non-partisan, privately owned agency that strives to ensure the highest degree of accuracy and balance.

Quick Access

Company Info

Social Networks