Local consortium NRG Holdings Incorporated is poised to commence construction on its US$300 million shore base facility by next month, according to Director Nicholas Deygoo-Boyer.
The Vreed-en-Hoop Shorebase Inc (VEHSI) will be leased to ExxonMobil to support its offshore oil operations and the contract was signed yesterday by ExxonMobil Country President Alistair Routledge and NRG’s Secretary Andron Alphonso at Duke Lodge, Kingston.
NRG Holdings Inc is a consortium of three local entrepreneurs, comprising gold miner Andron Alphonso of ZRN Investment Inc; Nazar ‘Shell’ Mohammed, of HADI’S World Incorporated; and Deygoo-Boyer of National Hardware Guyana Ltd.
