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Builder of Guyana oil production vessels meets with local suppliers on catering needs

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SBM Offshore recently met with several local catering companies on its procurement process, current contract opportunities and related requirements. According to a post on its Facebook page, the company said this session, at the invitation of the Local Content Secretariat, followed the...
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Ramps’ challenges in Guyana not linked to private sector; umbrella body condemns “dark forces” comment

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As the Ramps Logistics' Local Content spat continues, Guyana's private sector body has come out to condemn recent statements by its Chief Executive Officer (CEO) Shaun Rampersad. He had made the suggestion that dark forces from Guyana's private sector "want...
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Government halts Ramps’ local content application pending outcome of criminal charges

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Head of the Local Content Secretariat, Martin Pertab, by way of an affidavit filed in court, revealed that the review of an application by Ramps Logistics Guyana for a Local Content Certificate has been halted. Pertab said this decision is...
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Gov’t to identify legal, financial team to support catering consortium for oil sector market

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As the Ministry of Natural Resources reconvened with major Guyanese caterers from across the country, Minister of Natural Resources Vickram Bharrat has committed to identifying a team to support the birth of the caterer consortium. During the second meeting Bharrat...
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TechnipFMC, Stena Drilling among 11 more companies to have local content master plans approved

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Eleven major oil and gas support service providers including TechnipFMC and Stena Drilling received the stamp of approval from the Local Content Secretariat for their five-year Master Plans. On October 19, the Minister of Natural Resources, Vickram Bharrat, met with...
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Western Logistics to hire 1000 Guyanese as part of new approved five-year Master Plan

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With its five-year Local Content Master Plan approved by the Ministry of Natural Resources, Western Logistics Guyana aims to expand its human resource capacity by some 1,000 Guyanese. According to its Operations Director, Pradeep Ramoutar, the locally owned and operated...
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Guyana’s largest shore base, sister company receive approval for Local Content Master Plans

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The largest shore base in South America’s newest oil and gas hotspot, Guyana Shore Base Inc. (GYSBI), and its sister company, Sustainable Environmental Solutions (SES), on October 19 had their Local Content Master Plans approved by the Ministry of...
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Ramps at risk of losing US$25 million Exxon contract, laying off 100 workers without Local Content Certificate – court documents

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If Ramps Logistics Guyana Inc. is not granted a Local Content Certificate of Registration, it will likely lose significant contracts with major industry players like ExxonMobil affiliate, Esso Exploration and Production Guyana Limited (EEPGL). According to court filings which form part of...
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Guyana won’t become next Dubai without foreign expertise, development of entrepreneurial talent – Int’l Advisor

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By unlocking significant oil resources in the ExxonMobil-operated Stabroek Block, one consultant after another has often said Guyana is poised to become the next Qatar or Dubai of the region. But such a promising future cannot come to pass...
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Local educator says rapid development of skills must be high on Guyana’s agenda

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For Guyana to succeed with the implementation of its Local Content Legislation, its regulators must keep rapid skills development at the top of mind, says University of Guyana Professor, Dr. Leyland Lucas. The educator made this point during a virtual...
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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...

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.

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