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Guyana: Axess and GLASS establish Joint Venture in Guyana


26 Feb 2024

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Axess Group and Guyana Logistics and Support Services Inc. (GLASS) have signed a joint venture (JV) agreement to establish Axess Glass Inc., the largest Engineering and Asset Integrity Management (AIM) company in Guyana.

Since Axess expanded its operations to Guyana in 2021, the entity has provided design, inspection, maintenance, certification, modification, engineering, and installation services of equipment on offshore and onshore installations. This encompasses cranes, lifting appliances, piping, structures, drilling and subsea equipment, and other related equipment, catering to all major energy and service companies.

Guyana Logistics & Support Services Inc. has been operating in Guyana since 2011 as a service provider to international third-party clients, who have required services related to International and Domestic Logistics, Manpower Recruitment, Construction, Transportation and Warehouse Storage facilities. GLASS has worked with the Oil and Gas industry over the years to tap into every service offered that their team can benefit from. As an ISO-certified company, this certification has allowed GLASS to be aware of how the oil and gas industry works, bid for and win projects in the sector, and use the skills learnt to successfully complete projects in other industries.

The JV is part of Axess’ local content development strategy, to broaden its talent pool and contribute to the economic growth of the countries where it operates.

Matthew Stanley, ExxonMobil Global Account Manager at Axess Group, said, 'With an increase in oil discoveries in Guyana in recent years, we anticipate more opportunities to deliver our full suite of solutions to clients. We are happy to build on the successful cooperation between the two companies since 2021. This joint venture combines Axess’ decades-long experience in the energy industry, and GLASS’ local knowledge and expertise, enabling us to meet the needs of the expanding market as a full-service organisation.'

Glenn Low-A-Chee, the Managing Director of GLASS, said, 'Since opening its doors more than a decade ago as one of the first logistics service providers in the country, GLASS has transformed to become a household name while delivering a myriad of services to the country’s burgeoning oil and gas industry.'

Daniel Patton, Canadian Director of GLASS, said, 'Under this JV arrangement we look forward to combining our expertise and knowledge with Axess’ decades-long experience in the energy industry, allowing both companies to benefit from the growing opportunities in the market as a full-service organisation.'

In late 2022, Axess Baffin Inc., a member of Energy NL, joined its trade mission to Guyana, which aimed to widen trade partnerships between Canada and Guyana. Through this opportunity which involved parties such as the High Commission of Canada to Guyana, the Provincial Government of Newfoundland & Labrador, and the Guyanese Government, Axess entered into an agreement with GLASS, to leverage the two companies’ expertise.

Original announcement link

Source: Axess





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