The delay in the handing over of the US$300 million artificial island shore base at Vreed-en-Hoop will not affect ExxonMobil’s operations as the company has already begun moving its equipment to the site, Country Manager Alistair Routledge yesterday said.
The island is made of material reclaimed from the Demerara River and required engineering that would have been novel in this part of the world. It was to have been ready by the end of last year.
Much of the equipment, Routledge disclosed, was brought from Trinidad and Tobago to Georgetown as ExxonMobil scales down much of its operations in the twin-island republic, as this country’s capacity increases.
