GEORGETOWN, Guyana, CMC—The head of the Guyana Office for Investment (GoInvest), Dr. Petter Ramsaroop, has held talks in Japan with senior officials of Modec, Inc., the company responsible for building Guyana’s fifth Floating, Production, Storage, and Offloading (FPSO) vessel.
A statement on the GoInvest Facebook page on Tuesday said that Ramsaroop, the government’s chief investment officer, discussed the construction of “Errea Wittu,” which means “abundance” in the Warrau language.
The statement said that during his visit on Tuesday, Ramsaroop met with Takeshi Kanamori, chairman of the board, and Hirohiko Miyata, president, and chief executive officer of Japan’s giant, Modec, Inc.
“In discussions, Dr. Ramsaroop emphasized the importance of local content initiatives, urging Modec to ensure Guyanese companies have opportunities to participate in constructing components for the FPSO. His engagement aligns with the government’s commitment to fostering greater local involvement in Guyana’s oil and gas sector,” the statement said.
It added that “this will bring Guyana closer to the projected 1.39 million barrels per day by 2027”.
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