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LatAmOil                                          GUYANA                                            LatAmOil



                         The commission is also expected to help Guyana   and partnership with Ghana and expressed opti-
                         establish future partnership opportunities with   mism with the progress made so far.
                         Ghana to enhance continued co-operation,   “We are very excited about this strategic
                         according to local press reports.    partnership; it is receiving attention from the
                           Under the second MoU, the Ghana Invest-  highest levels of government. On the sidelines
                         ment Promotion Centre (GIPC) would col-  of the recent UN General Assembly meeting,
                         laborate with Guyana’s Office for Investment   we held bilateral meetings with Ghana’s pres-
                         in order to create an enabling environment to   ident, His Excellency  Nana Akufo Addo, and
                         promote bilateral trade and investment.  within weeks, a timetable to design and achieve
                           President Irfaan Ali of Guyana pledged his   a framework for strategic co-operation was in
                         country’s commitment to strategic engagement   place,” Ali said. ™


       Georgetown receiving bids for strategic




       baseline studies of oil development






                         GUYANA’S Department of Public Information   to support oil and gas projects.
                         reported last week that multiple international   Among the support facilities that will be cov-
                         firms have submitted bids to the Ministry of   ered by the studies are chemical storage ware-
                         Natural Resources to conduct Strategic Envi-  houses, gas transfer pipelines, heavy machining
                         ronmental and Social Assessment (SESA) base-  workshops, logistical shore bases, power gen-
                         line studies ahead of large-scale hydrocarbon   eration facilities, and ports and wharves, the
                         development.                         department said in a statement.
                           During a meeting of the National Pro-  Meanwhile, the winning bidder will also be
                         curement Tender and Administration Board   required to provide the government of Guyana
                         (NPTAB) on December 2, department officials   with recommendations on how to either limit
                         named several the companies that have sub-  or manage the effects of such developments.
                         mitted bids so far, including Asian Consulting   Additionally, it will be tasked with assessing the
                         Engineering, the Institute of Environmental   gap between Guyana’s Health, Safety, Environ-
                         Bay Phase from Portugal, Nemus and Strategic   mental and Social (HSES) Safeguards and the
                         WW Consortium. They did not say whether   standards set by the World Bank.
                         they expected any other consultancies to bid or   Once the consultant submits recommenda-
                         when the contest was set to close. Nor did they   tions, it will have to co-operate with several gov-
                         comment on the terms of the contract.  ernment departments on the development of a
                           The firm that submits the winning bid will be   prioritised action plan to educate selected per-
                         charged with measuring the long-term, short-  sonnel on sustainability in the oil and gas sector
                         term, direct and indirect impacts that oil and gas   by means of on-the-job training and workshops.
                         development is likely to have on Guyana’s social   The goal of this baseline study is to establish
                         and environmental fabric. Additionally, the   SESA as an effective framework that will enable
                         winning bidder will also seek to determine the   this South American nation to improve environ-
                         extent to which environmental and social issues   mental and social sustainability in the oil and gas
                         will be affected by increased activity at the off-  sector while also safeguarding the health and
                         shore and onshore facilities that are being built   safety of its workers and citizens. ™




















                                               Hydrocarbon development is expected to transform Guyana (Photo: OilNOW.gy)



       P8                                       www. NEWSBASE .com                      Week 49   09•December•2021
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