Two Guyanese manufacturers today delivered critical components for the Hammerhead Floating Production, Storage and Offloading (FPSO) vessel, which is being seen as an indication of the growing capability of Guyana’s manufacturing sector to meet global offshore standards.

The companies – Asequith Guyana Inc. and Asian Sealand Offshore and Marine Inc. (ASOM) – fabricated the structural safety handrails for integration into the FPSO during construction. They were contracted by MODEC – a leading provider of floating production solutions for the offshore energy sector, including FPSO vessels.

At a steel-cutting ceremony for the Hammerhead FPSO, MODEC Guyana Country Manager, Rafael Fumis said the successful completion of the fabrication works for the Hammerhead FPSO is an important milestone in the development of the seventh major offshore oil development project in the Stabroek Block.

“The moment represents far more than the end of a phase. It reflects the strong collaboration between MODEC, our client ExxonMobil Guyana and our local partners in Guyana. And together, we have delivered a critical component of this project, reinforcing what can be achieved through shared comment and strong partnership,” Fumis said.

He said the two Guyanese companies have produced approximately 100 metric tonnes of handrails. It was explained that the handrails will soon be exported to Asia.

“The components will be exported to Asia for installation on the topsides modules of the Hammerhead FPSO, part of ExxonMobil’s 7^th project offshore. Once operational, Hammerhead will have the capacity to produce 150,000 barrels of oil per day, along with associated gas and water handling, further embedding Guyana in the global energy supply chain,” the MODEC Country Manager said.

He said the achievement builds on previous collaborations, and marks the company’s second significant steel fabrication ventures with local companies. It was said that by partnering with Guyanese manufacturers, MODEC is helping to build technical capacity, create high-value opportunities for local businesses, and support long-term, diversified economic growth.

Minister of Labour and Manpower Planning, Keoma Griffith said though the steel-cutting ceremony may appear simple, the oil companies with the backing of the Government are laying the foundation for THE future.

“Today, steel-cutting ceremony is more than symbolic; it represents progress, partnership and purpose. It reflects Guyana’s continued rise as a key player in the global energy sector, while ensuring that the people remain at the center of that energy development. This milestone is particularly significant as it highlights four critical pillars of our national development – job creation and workforce development, local content and economic impact, strengthening industrial capability and partnership and collaboration,” Minister Griffith said.

The Labour Minister said the pillars are not abstract ideals, explaining that they have resulted in tangible outcomes including the creation of more jobs, and businesses to the benefit of the Guyanese people.

ExxonMobil Guyana President, Alistair Routledge said the fabrication and delivery of the safety handrails, “is another milestone of Local Content in action.”

Routledge said in these turbulent times, Guyana’s rise in the Energy Industry is even more crucial as he underscored the need for diversity in the supply energy across the world.

“Guyana’s continue growth in energy supply is playing a critical part in these turbulent times, and of course doing it in a way that is essential to what the world needs but also done in a way, which is delivering for the people of Guyana,” he said.

At present, the country is producing an average of 900,000 barrels of oil per day in the Stabroek Block. He said the advancements in the development of the oil blocks offshore Guyana, are not only resulting in infrastructural development, but also socio-economic development, including the creation of thousands of much needed jobs.

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