CNOOC Petroleum Guyana opens head office in Georgetown

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CNOOC Petroleum Guyana Limited (CPGL), which holds a 25% working interest in the giant oilfields of the Stabroek Block with Exxon Mobil and Hess, on Friday opened its new head office in Georgetown.

“The opening ceremony of this new office marks a milestone of our presence in Guyana and establishes the roots of our long-term commitment here,” said Liu Xiaoxiang, President of CPGL, at the opening ceremony.

The new office, which is equipped with all latest amenities, can now more comfortably accommodate the company’s growing number of employees and will enable them to perform to the best of their abilities.

China’s Ambassador to Guyana, Guo Haiyan (centre) flanked by Prime Minister Brigadier (Ret’d) Mark Phillips and other Guyanese and Chinese officials (Photo: News Room/ October 14, 2022)

“In the coming years, we have plans to increase local recruitment for technical and non-technical professionals,” Liu said.

He said the edifice represents much more than a place for professional performance and convenience; t is also symbolic of the commitment CGPL has forged with Guyana.

Delivering the feature address, Prime Minister Brigadier (Ret’d) Mark Phillips said Guyana’s transformative development opportunities, such as the growing oil and gas industry, call for reputable partners with Guyana’s best interest at heart.

Inside CNOOC’s new headquarters (Photo: OPM/ October 14, 2022)

“As we look to build our oil and gas industry, our goal is to work with trusted partners with our best interest at heart and we have welcomed CNOOC Petroleum Guyana Limited and its operation as part of this fold,” the Prime Minister said.

He noted the opening of the new edifice serves as a show of confidence by CGPL in the potential of Guyana’s oil and gas industry which continues to grow as Guyana ranks amongst the largest oil producers per capita.

Also delivering remarks, Minister of Natural Resources Vickram Bharrat said, the opening of CPGL’s new head office shows a demonstration of the confidence and trust of investors in Guyana.

“It shows the trust that investors have in the government, the stability that we have managed to establish in Guyana, also the security and predictability of investment coming into the country,” Bharrat said.

The construction of the building was undertaken by the China Road and Bridge Corporation and local design company Deen & Partners Chartered Architects.

At the programme, it was emphasized that CPGL believes in “serving society, creating harmony and benefiting people” through support to indigenous peoples and communities, education development, community building and green and renewable projects.

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