GUYANA SHORE BASE INC., a joint venture entity has advertised for a number of positions here to be filled.
The company, which is based at Houston, East Bank Demerara, is recruiting operational and administrative personnel to support an expanded shore base operations in the offshore oil and gas sector.

Noting that experience in the oil and gas industry would be a major asset, the company says it is recruiting persons to fill the positions of accountants, directors, as well as office staff.
The company said it requires operational staff such as foremen, security staff, machine operators as well as labourers.
As time ticks towards first oil in 2020, interest has grown from local and overseas entities in the country’s petroleum sector.
Earlier this month, the Ministry of Natural Resources approved the ExxonMobil Liza Phase 1 development plan and issued a production licence to the American oil giant for the Liza field.

Production is expected to begin in 2020. Following the approval of the production licence and environmental permit, it is expected that ExxonMobil and co-venturers Nexen and Hess will make a final investment decision on the Liza Phase 1 development.
In a separate process, the Guyana Environmental Protection Agency (GEPA) issued the Liza field environmental permit on June 1. The environmental permit ensures that the environment is protected through the lifecycle of the project.
Several weeks ago, the Ministry of Natural Resources released details of the production-sharing agreement between the Government and ExxonMobil.

The Government and people of the Cooperative Republic of Guyana will receive a royalty of two per cent on gross earnings and benefit from 50 per cent of the profits from the sale of petroleum, once production commences.
The government has also laid a bill in the National Assembly for establishment of a Petroleum Commission to serve as a governing body to guide and give direction to the new oil and gas industry.

The Ministry of Natural Resources and other ministries and agencies are actively pursuing a number of undertakings on the policy, along with the legislative and infrastructural needs of both sides to ensure the country is prepared for oil production in 2020.