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Saturday, January 16, 2021

Baker Hughes plugging over US$8 million into Oilfield Service Facility in Guyana

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American international industrial service company, Baker Hughes, is moving to set up an Oilfield Service Facility at Land of Canaan on the East Bank of Demerara in Guyana, where it expects to provide employment for over 70 Guyanese during the construction phase.

Baker Hughes is one of the world’s leading energy technology companies with operations in more than 120 countries with around 67,000 employees. It offers designing, manufacturing, and servicing transformative technologies for the energy industry, as well as oilfield services; oilfield equipment; turbomachinery and process solutions for onshore and offshore productions, among other types of operations; and digital solutions.

Back in September, JOP Property Holdings Incorporated applied to Guyana’s Environmental Protection Agency (EPA) for approval to construct the Oilfield Service Facility while Baker Hughes Guyana Company Inc had applied for approval to operate it.

The company, in its Environmental Management Plan (EMP), said it will be looking to ensure local personnel and resources are utilised in the construction of the facility, which is expected to cost over US$8 million.

“Baker Hughes has committed to incorporating local content into its activities in Guyana. For example, 30 to 50 local jobs will be provided during the construction phase of Phase 1 of the LMP and Cement Bulk Facility,” the Plan stated.

Back in May, Baker Hughes had put out a notice looking for a firm in Guyana to assist in the supply of warehousing space for its operations in the country. The company said at the time that the “locally qualified and registered company with local experience” would be required to supply warehousing space in the Georgetown, East Coast or East Bank areas.

Baker Hughes is a prime contractor of ExxonMobil, operator at the Stabroek block offshore Guyana where oil production started last December.

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