300 jobs expected with Craig shore base

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DPI, Guyana, Tuesday, January 22, 2019

Consolidated Supply Management (CSM) and Danco Logistical Contractors Incorporated have announced the merger of their resources to create Guyana’s third shore base operation at Craig East Bank Demerara to provide logistics services to the oil and gas sector.

Once construction is completed some 300 skilled and unskilled permanent jobs will be created.

(From left) Danny Ramnarain, President of Danco, Alberto De Losada, Chief Executive Officer (CEO) of CSM and Eusi Anderson of Director Rogue Seven Incorported during the signing of the agreement at the Princess Ramada Hotel.

The signing of the agreements between CEO of CSM, Alberto De Losada, President of Danco, Danny Ramnarain and Director of Rogue Seven Incorporated, Eusi Anderson was held today at the Princess Ramada Hotel.

The company will utilise over ten acres of land at Craig to create a shore base operation. Construction has already commenced and should be complete between mid-2019 to the first quarter of 2020.

CEO De Losada said that the two companies have been working on the project over the past year trying to bring their expertise and services into the Guyana market for the oil industry and establish a world-class international operation for oil and gas operators interested in developing resources locally.

He explained that the logistics services will be the movement of equipment and materials that are required for taking to offshore operations. These include pipes, chemicals, cement and other equipment for drilling.

De Losada added that the company has been in talks with a number of local operators, who have responded positively and are eager for the company to start its groundwork.

According to Ramnarain, this merger offers a great opportunity for Danco to not only tap into the oil and gas industry but to provide jobs for Guyanese. He said that his company will be providing the local know-how and labour to the operation.

Anderson said Rogue Seven Incorporated is currently in discussion with Guyana National Shipping Corporation (GNSC) to enter into a partnership to utilise some acreage of their available land on the wharf front as the logistics base.

“The operation is in Craig; the hope is to move and transport supplies from that mail facility to the port at GNSC on Lombard Street, a distance of 6 miles…The people of Craig will have to provide some type of service to the 300 persons that will be employed and this is the type of permanent rural revival that we are looking for in this activity.”

In terms of compliance, Anderson said that the Environmental Protection Agency is providing guidance to the companies as they seek to startup. The companies are also fully compliant with the local content policy of the Government of Guyana and international best practices.

CSM is situated in the United Kingdom, while Danco Logistical Contractors Inc. is a company incorporated in Guyana and is located at Buzz Bee Dam, Craig, EBD. CSM has experts in logistic base operations to support exploration and production projects,

Synieka Thorne

Image: Marceano Narine.