One of the world’s largest oil field services companies, Baker Hughes, recently announced that it plans to invest over US$8mn to build a facility in Guyana that will support the nation’s upstream sector. According to the Environmental Protection Agency (EPA) which is responsible for providing the company with the relevant permits, the facility is planned for the Land of Canaan, 14 miles south of capital Georgetown, and along the Demerara river. Guyana Standard understands that construction will take six to eight months.
The EPA noted that the facility will be supported by multiple product lines and serve as an assembly maintenance and overhaul center to clean, inspect, disassemble, and assemble tools for completions, wireline, and drilling services.
Apart from Baker Hughes, the EPA has received in recent weeks, several other applications from companies desirous of establishing a local presence. RAMPS Logistics, for example, has applied to build an oilfield distribution center for the transport and storage of hazardous materials.
The Guyana Shore Base has also sent in an application regarding its plans to store and transport chemicals to produce oil and gas, both at its East Bank Demerara location.
Applications were filed with the EPA by Oilfield Waste Management Services to build and operate a waste treatment plant for the oil sector; by Guyana Logistics and Support Services to build and operate a chemical storage and warehouse facility and laydown yard; by Esso Exploration and Production Guyana for an office complex; by Tristar (Versailles shorebase) to build a wharf; by Isika Shore Base to build a quay wall/wharf as part of an integrated oil and gas shore base and navigation channel; and by JOP Property to build an oilfield super center.