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Ramps Logistics remains upbeat about supporting Guyana economy despite risk of “financial ruin”

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Even as it awaits the conclusion of a judicial review of the State’s decision to not grant it a Local Content Certificate, Ramps Logistics Guyana (RLG) said on Monday that it remains committed to supporting the expansion of the...
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Oil sector exceeds 2022 targets for training, hiring Guyanese – Dr. Pertab

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Head of Guyana’s Local Content Secretariat, Dr. Martin Pertab shared during the opening ceremony of the Guyana Supplier Forum 2022, that the oil and gas sector has exceeded targets set for the training and hiring of Guyanese nationals to...
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This is Guyana’s resource, and we are here as guests – Exxon President

Kemol King -
At the opening of the first day of the 2022 Guyana Supplier Forum, ExxonMobil Guyana President, Alistair Routledge said the oil major endeavours to create a prosperous and sustainable future for the South American country. Categorically, he said to the packed...
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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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The oil belongs to the people; we’re committed to ensuring they benefit from it – Routledge

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ExxonMobil is the latest in over 20 oil and gas companies operating in Guyana to have their five-year Local Content master plans approved by the regulator. Exxon, Saipem Guyana Inc., and Gulf Engineering Services Guyana Limited got their approvals this...
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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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Guyana’s annual take from oil to balloon to US$9.2 billion in 2030 – Rystad Energy

Guyana is projected to receive US$9.2 billion in revenue from oil sales and royalties in 2030, according to a...

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