Guyana Shore Base Inc adds US$25m berths for oil and gas industry

Commissioning of the berths (DPI photo)

Local content benefits from the US$ multimillion facility at Houston were yesterday underscored by both the Guyana Shore Base Inc (GYSBI) and President Irfaan Ali, as the company commissioned additional berthing facilities pegged at US$25 million.

Not only have the two additional berths added to expand the company’s capacity to now service as many as eight vessels in a 24-hour period, in addition to its current load of two FPSOs and six rigs, but additional heavy lifting that was done in Trinidad will be moved here.

“Long before local content legislation came into being, GYSBI was the poster boy for local content. We now have 705 employees, 95 per cent of whom are locals. None of these jobs would not have been in this country without GYSBI,” Executive Director of GYSBI, Robin Muneshwer, yesterday said at the commissioning of the fourth berth.