By Saskia Warrick | January 21, 2025
The Vreed-en-Hoop Shore Base is undergoing a significant expansion, increasing its size from 44 acres to 70 acres.
This development will enhance ExxonMobil’s supply chain and open up new commercial shipping opportunities, providing benefits to the Guyanese people.
Construction of the shore base began in April 2022, with sections becoming operational in July 2024, and the final handover completed in December 2024.
The base serves as a Subsea Umbilicals, Risers, and Flowlines (SURF) hub, where critical offshore equipment for ExxonMobil is stored and assembled.
Nicholas Deygoo-Boyer, Director of VEHSI, highlighted that the expansion reduces the reliance on foreign facilities, bringing a significant portion of ExxonMobil’s value chain closer to Guyana.
Beyond its oil and gas role, VEHSI’s expansion plans aim to establish commercial shipping capabilities, which will open the port to non-oil-related trade, benefiting local businesses and creating more opportunities for the wider Guyanese population.
As the expansion progresses, VEHSI is poised to play a transformative role in Guyana’s economic growth, offering opportunities for local companies, including those outside of ExxonMobil’s immediate supply chain.