The GUYSONS Group of Companies has formed a joint venture with a Trinidadian company for the provision of oil and gas logistics services.
According to a release yesterday from the Guyana International Petroleum Business Summit and Exhibition (GIPEX), the announcement was made by GUYSON’s Chief Executive Officer (CEO), Faizal Khan, during a media briefing on the sidelines of the inaugural GIPEX conference at the Marriott Hotel.
Khan, in making the announcement, told reporters that the GUYSONS Group of Companies, which has been in existence for more than two decades, “carefully looked at the market place to see how we, as a group of companies, can build capacity and support the oil and gas industry in Guyana.”
The joint venture, he said, is with AAC Transport and Enterprise Limited of Trinidad.
Kenrick Hoyte, Vice-President of the joint venture company and Director of the T&T-based organisation, said that the company has been in the business of providing oil and gas logistics and support services for companies in Trinidad and Tobago for in excess of four decades.
According to Hoyte, AAC Transport and Enterprise Limited, “is a preferred business in logistics and services in T&T.”
He said, “…we are here to support Mr. Khan, GUYSONS and the Guyanese people in providing a professional and efficient and effective service for the growing oil and gas industry here.”
According to the release, Chief Executive Officer of GIPEX’s organising partner—the Guyana Office for Investment—Owen Verwey said the joint venture is among the principal reasons behind the hosting of such a networking forum.