ExxonMobil signs deal for offshore base

A view of ongoing works at the facility. (July 22, 2017, File photo)

ExxonMobil yesterday signed a deal with Guyana Shore Base Inc (GYSBI) for an onshore support facility at Houston on the East Bank of Demerara.

There was no official announcement yesterday of the signing. The clinching of the multi-year deal is expected to see the largest purchase to date of local services since the US multi-national began planning for oil production from its Liza well.

GYSBI is a consortium comprising Muneshwers Limited, TOTALTEC Oilfield Services, Pacific Rim Constructors and LED Offshore.