spot_img

Local Content

Food supply to FPSOs could generate up to US$30M annually for Guyanese consortium – Dr. Pertab

Efforts by authorities in Guyana to establish a consortium of caterers for three of the nation’s floating production, storage and offloading (FPSO) vessels operating at the Stabroek Block could see between US$25 million and US$30 million being earned by...

Local companies urged to join forces or risk losing out on opportunities in oil sector

Guyana’s Natural Resources Minister, Vickram Bharrat recently appealed to members of the business community to cease being a vessel for the “crab-in-a-barrel” mentality. This phrase describes a group of like-situated people who hurt each other in attempting to get...

Exxon’s latest RFI’s for customs, transportation, vessel management services to attract high levels of local content

ExxonMobil affiliate, Esso Exploration and Production Guyana Limited (EEPGL), has issued three Requests for Information (RFIs) seeking to identify suppliers who can provide customs brokerage, cargo management and inbound transportation services. Importantly, the Local Content legislation calls for high levels of Guyanese participation...

Over US$127 million spent by Exxon, contractors in Guyana during first half of 2022

For the first half of 2022, ExxonMobil Guyana and its contractors spent over US$127 million (GY$26.5 billion) on Guyanese suppliers The Stabroek Block operator has also confirmed with OilNOW that since announcing the first commercial discovery in 2015, over US$700 million was...

Energy Chamber coaches over 1,000 Guyanese students on role they can play in helping develop oil sector

The Guyana Oil and Gas Energy Chamber (GOGEC) said it has successfully completed coaching over 1,000 students on the role they can play in the future development of the nation's oil resources. The last leg of training was hosted on Friday...

Ramps Logistics secures contract extension with Exxon following court win in Guyana

Ramps Logistics Guyana Chief Executive Officer (CEO), Shaun Rampersad has confirmed that following his company’s receipt of a Local Content Certificate, it was able to secure an extension of its contract with ExxonMobil affiliate, Esso Exploration and Production Guyana Limited...

‘People cannot fall out of the sky and claim benefits as Guyanese’ – Bharrat

Vowing to put systems in place to prevent what he called ‘fronting’ and ‘renting’ of citizens, Minister of Natural Resources, Vickram Bharrat, rebuked the practices as unfair to Guyanese who have stayed and worked in Guyana to make the country...

Local Content Certificate is a powerful tool when being evaluated for contracts – Dr. Pertab

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...

Ramps team ‘re-energised’ after stressful battle for Local Content Certificate – CEO

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...

Guyana government may appeal court ruling on Ramps local content certificate

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...

Latest News

Guyana Energy Conference launches essay competition for high schoolers

The Guyana Energy Conference and Supply Chain Expo (GECSCE) has launched its first-ever essay competition, open to Guyanese students...