Just about two months after it inked a pact with ExxonMobil to lease its planned US$300 million shore base facility to support its offshore oil operations, local consortium NRG Holdings Incorporated, on Tuesday, turned the sod to officially commence construction of the facility.
The shore base, which is being undertaken by Vreed-en-Hoop Shorebase Incorporated (VEHSI), is a component of the Port of Vreed-en-Hoop project. VEHSI is a joint venture between NRG Holdings Incorporated—a Guyanese-owned consortium comprising Hadi’s World Incorporated, National Hardware Limited and ZRN Investments Incorporated—and Jan De Nul, a Luxembourg-based engineering and construction firm that specialises in marine services, offshore services, civil engineering, environmental management activities and project development.
