Local Content

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...

Oil sector exceeds 2022 targets for training, hiring Guyanese – Dr. Pertab

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...

This is Guyana’s resource, and we are here as guests – Exxon President

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...

Local content earnings top GY$129 billion, over 350 certificates issued to suppliers

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...

Extending transition period for compliance with Local Content law could foster more genuine partnerships – businessman

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....

Latest News

Ali expects World Court to rule in Essequibo case by year end

Guyana President Irfaan said the government expects the International Court of Justice (ICJ) to rule in the case concerning...