GAC Steps up in Guyana

Posted by Michelle Howard
Friday, April 5, 2019

GAC has opened its newest company in the South American country of Guyana in response to demand for professional shipping and logistics support following the discovery of large reserves of oil and gas in its waters.

Bordered by the Atlantic to the north, Brazil to the south and southwest, Venezuela to the west, and Suriname to the east, Guyana covers just 215,000 km². Oil was first struck in 2015, and since then, major discoveries have been made in its deep offshore waters, with production due to start in 2020.

The country looks set to emerge as a key player in the oil & gas sector, with almost a quarter of the new reserves discovered in 2018 being in Guyana. That could put it at the top of the oil production per person league table by the mid-2020s.

GAC Logistics and Shipping (Guyana) Inc. serves the group’s current and prospective customers in this Atlantic region of South America. With operations established in nearby Trinidad & Tobago, GAC aleady has the experience and resources readily available to support the oil & gas service requirements in Guyana through the country’s main port in Georgetown.

At the helm in Georgetown is GAC veteran Richard Mallen, who has nearly four decades’ experience in the shipping, logistics & supply chain sectors and has worked for GAC in seven countries in a variety of project management, procurement, start-up and liner agency roles. Captain Gobind Kukreja, Managing Director of GAC Trinidad & Tobago, will oversee the Guyana operations as both locations will work jointly in fulfilling customer strategies.

To provide local expertise, GAC has signed a Memorandum of Understanding to work cooperatively and finalize an agreement with Guyana National Shipping Corporation Ltd. (GNSC), a company with more than 40 years of experience in the global and regional maritime industry, led by Managing Director Andrew Astwood.

GAC will focus on recruiting from the local workforce, and will train them through the purpose-built raft of courses provided by its own Corporate Academy to ensure the highest standards of professionalism and expertise.

Categories: Logistics

Related Stories

Op-Ed: Kazakhstan’s National O&G Firm Positioning Itself as Global Energy Player

Cairn India Might Invest in US Oil Servicing Firms to Increase Production

Shell Predicts 60% Rise in LNG Demand by 2040 with Asia Leading the Way

Malaysia's Petronas Plans Job Cuts

Japan's Mitsui Eyes Alaska LNG Project

EnQuest to Acquire Harbour Energy's Vietnamese Assets

Vestas Lands First 15MW Offshore Wind Turbine Order in Asia Pacific

Flare Gas Recovery Meets the Future

AI & Offshore Energy: The Higher the Stakes, the More Value AI Creates

TVO Selects Collins to Head Australian Ops

Current News

Fire at Petronas Gas Pipeline in Malaysia Sends 63 to Hospital

Japan’s ENEOS Xplora, PVEP Ink Deal for Vietnam Offshore Block

CNOOC Makes Major Oil and Gas Discovery in South China Sea

Valeura’s Assets in Gulf of Thailand Remain Operational After Earthquake

Op-Ed: Kazakhstan’s National O&G Firm Positioning Itself as Global Energy Player

Woodside to Shed Some Trinidad and Tobago Assets for $206M

CNOOC Sees 11% Profit Growth in 2024 Driven by Record Oil Production

‘Ultra-Mega’ Offshore Deal for L&T at QatarEnergy LNG’s North Field Gas Scheme

Keel Laying for Wind Flyer Trimaran Crew Boat

MODEC Gets Shell’s Gato do Mato FPSO Ops and Maintenance Job

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com