Guyana welcomes SBM offshore’s corporate office

Guyana welcomes SBM offshore’s corporate office

GEORGETOWN, Guyana, (DPI) – Guyana's oil and gas potential continues to soar, as a result, the SBM Offshore company has found it important to continue to 'set up shop' here in Guyana. Since the commencement of its operations in Guyana, SBM Offshore has been an integral part of Guyana's development in the oil and gas sector. To further expand its operations, the multinational company officially opened its corporate office on Sheriff Street, to better manage its operations here. His Excellency Dr Mohamed Irfaan Ali, in his remarks at the formal ceremony on Wednesday, congratulated the company for its five years of operations in Guyana, and the opening of the new office. The president went on to urge the key players in the oil and gas sector to acknowledge and understand the importance of local content as the foreign investment sector continues to grow over the next few years. "Fundamentally, we have to be able to understand the immediate needs of the economy in creating sustainable options, livelihoods and jobs and to be able to finance those needs. Don't believe you could say 'oh, we can put up the money and save it'. We have to, first of all, create an