Demerara Distillers Limited (DDL), through its subsidiary Demerara Contractors and Engineering Limited (DCEL) and Caribbean Welding Supplies Limited (CWSL) have established an oil and gas services joint venture, Demerara Offshore Incorporated.
Demerara Offshore will be providing a wide range of services to the oil and gas sector that include the development of a world-class shore base facility, welding and fabrication, electrical, mechanical, instrumentation, blasting and painting, specialized coating, non-destructive testing and inspection, valve repairs, pressure testing, waste management and disposal, catering, equipment rental, and human resource development.
DCEL Chairman Komal Samaroo said that, “after very careful consideration and evaluation of the opportunities in the oil and gas sector the company entered into the joint venture with CWSL from Trinidad and Tobago.”
Samaroo added that, “Under this arrangement we hope that we can add to the local content of the oil and gas sector through the various contracts that we would be entering into, and through the development of the human skills in the country to meet the standards required by the industry.”
Demerara Offshore will bring real value-added opportunities to Guyanese and the Guyana economy. Through our partnerships with world-leading products and services providers, Demerara Offshore will leverage substantial knowledge and expertise to develop Guyanese capacity. Demerara Offshore is in the final stages of negotiations with companies worldwide including ASCO and NSL, HB Rentals – a branch of Superior Energy of the USA, KOS Kentintrol Valves out of the UK, and Jotun Paints.