The Vreed-en-Hoop Shore Base (VEHSI) developers aim to create a state-of-the-art oil service facility that can essentially see Guyana relying less on outside help.
Director, Nick Boyer outlined in a recent update that VEHSI will have space for expansion to facilitate “other shore base builds, thereby making the need for foreign bases to support operations in Guyana unnecessary.”
Work on the project is moving apace, with the 2023 start-up still in sight. The reclaimed island, where the facility will sit, is now connected by a road to the coastline. Construction continues on a 24-hour basis. The first phase consists of 10 acres while the additional acreage is set to be delivered by Q2 2024.
Big contract opportunities for Guyanese with VEHSI | OilNOW
“The long-term vision of the project will eventually see the full Port of Vreed-en-Hoop completed with as much as 800 acres of port facilities,” VEHSI said in the June 8 update.
The developers allowed students from the University of Guyana – majoring in Civil Engineering and Mechanical Engineering – a private tour of the facility to get insight into the construction techniques being used.
“The construction team also explained the project’s rigorous construction schedule, and environmental compliance and answered questions about the qualifications and experience needed to be part of this type of construction project,” the update noted.
NRG Holdings recently completed the dredging phase of its project with the draft of the Demerara channel increased to nine metres. It also widened the channel by more than 60% and lengthened the channel by five miles in the Northwest direction.
VEHSI is a joint venture between NRG Holdings Inc., a Guyanese consortium of majority locally-owned businesses — Hadi’s World Incorporated, National Hardware Guyana Limited, ZRN Investments Incorporated, and Jan De Nul Group. It is part of the larger Port of Vreed-en-Hoop, which will be Guyana’s first modern, deep water, multi-purpose port situated in Foreshore Plantation, West Bank Demerara.
