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Local Content

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...

Ramps Logistics now certified as bona fide Guyanese company

Ramps Logistics Guyana has received its Local Content Certificate and is now displayed on the official register of Guyanese companies, on the website of the Local Content Secretariat. The certificate was issued for a one-year period, as stipulated by the...

Court ruling shows Guyana’s judicial system is free, fair and independent, says Ramps CEO

Chief Executive Officer (CEO) of Ramps Logistics Guyana Inc., Shaun Rampersad says the company’s recent victory in the court regarding its local status, represents a triumph for the country’s oil investment market. The company is due to receive its Local...

Banks need to ‘get up off their tush’ and tackle access to finance issues – GCCI Head

The Georgetown Chamber of Commerce and Industry (GCCI) has been advocating for years that the steep learning curve Guyana’s businesses have had to adapt to, must be paired with greater access to finance. Recently, the President of the largest business...

Ramps Logistics wins judicial hearing for Guyana Local Content Certificate 

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...

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

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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Nigeria’s Petroleum Commission confirms ExxonMobil’s US$1.5B investment in the country’s deepwater oil sector

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that ExxonMobil will invest $1.5 billion in Nigeria’s deepwater oil...