‘Non-stop interest in Guyana’ at Houston oil conference – GYSBI Head


There has been non-stop interest in Guyana and the emerging business opportunities in the country at the ongoing Offshore Technology Conference (OTC) in Houston, Texas.

This is according to Robin Muneshwar, the Executive Director of the Guyana Shore Base Inc. (GYSBI).

A team from the Shore Base is part of the sizable private sector contingent representing Guyana at this international conference that focuses on the oil and gas sector and its spinoff business opportunities.

A press release from the GYSBI stated that the shore base itself has been the recipient of overwhelming interest as it looks to tap into the opportunities at the conference.

“So far, it’s been three days of non-stop interest in what Guyana and GYSBI has to offer,” Muneshwar was quoted as saying in the press release.

GYSBI is the premier shore base and logistic company to Guyana’s Petroleum Industry.

It is dedicated to the development and promotion of Guyanese through formally tiered training programmes, including safety skills and career progression through its internally developed ‘Competency Programme’.

The GYSBI currently occupies 140-acres of land, strategically located south of Georgetown and north of the Demerara Harbour Bridge, enabling the most efficient logistic solutions with immediate water access and two berths.

And, the port consists of 40-acres of developed land with 1200ft of wharf, and the industrial estate consists of 100-acres of various facilities and services. The industrial estate is being established to fulfill a magnitude of needs, from simple storage to chemical mixing and loading.

The release also noted that Muneshwer was invited to participate in a round-table discussion on the Guyana Suriname Basin: Exploration, Production and Transition.

There, the Executive Director emphasised the tremendous progress made by GYSBI in just a short time, attributing this to strategic partnerships with the right partners.

Furthermore, the release noted that Muneshwer highlighted GYSBI’s continued investments into its shore base, and thanked the Government of Guyana for facilitating this through some 13 permits granted within its first year in office.

Meanwhile, Rabin Chandarpal, the Government Liaison Manager of GYSBI, highlighted that the event provided an avenue to network, do business, and field questions about what Guyana has to offer.

“As a company with a diverse workforce of over 400 employees and 96 per cent local content, we are pleased to have participated.

“We are committed and focused on the development of Guyana’s oil and sector, taking a strong local content position,” Chandarpal said.

Guyana is also represented at the OTC by a high-level contingent, including Vice-President Dr. Bharrat Jagdeo, Minister of Foreign Affairs and International Cooperation Hugh Todd, Minister of Natural Resources Vickram Bharrat and Minister within the Ministry of Public Works Deodat Indar.

Chief Executive Officer (CEO) of GO-Invest, Dr. Peter Ramsaroop and representatives from the American Chamber of Commerce (AmCham), the Georgetown Chamber of Commerce and Industry (GCCI), the Private Sector Commission (PSC) and the Guyana Manufacturing and Services Association (GM&SA) are also at the event.

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