The mood at the level of management of the Trinidad and Tobago-based logistics company, Ramps, which set up shop in Guyana in 2013, long prior to the announcement by ExxonMobil that the company had ‘struck oil’ offshore Guyana appears sober rather than wildly upbeat following a decision in the courts in Georgetown earlier this month that the Local Content Secretariat here grant the company a licence that would allow it to continue to provide a range of support services to company’s engaged with Guyana’s oil recovery pursuits.
When the Stabroek Business spoke with the Company’s Chairman, Shaun Rampersad, several weeks ago, during his visit to Guyana to keep a date with the local courts, the company would have been understandably jittery awaiting a decision as to whether the courts would rule that the renewal of its Local Content licence which had been denied by the Local Content Secretariat in Georgetown be overturned. The decision went in favour of the company and it has since been reported that its various contractual obligations to clients for which it has been providing services have been extended.