ExxonMobil has selected a planned US$600 million Vreed-en-Hoop shore base established by NRG Holdings Incorporated – a consortium of local business persons – to support its offshore oil operations, sources say.
“… we will soon award a contract for a project shore base which will support Yellowtail and future projects, enabling increased fabrication and low deck activities in Guyana,” ExxonMobil Country President Alistair Routledge said in a video recording on Monday without naming NRG Holdings.
The ExxonMobil country president underscored that the new shore base “is expected to generate more jobs and business opportunities for Guyanese as well as providing a foundation for a port facility on the Demerara River.”