GCCI collaborates with MODEC to host Vendor Forum
In keeping with the Georgetown Chamber of Commerce and Industry’s (GCCI objective of ensuring that local companies benefit from the oil and gas sector through information sharing and capacity building, a MODEC Vendor Forum was hosted on February 5 through a collaborative effort between the Chamber’s Petroleum Committee and the company.
MODEC is a Japanese company that specialises in the construction and operation of floating solutions for the offshore energy industry. The company established its local presence a year ago, following the award of a contract for the construction of the ‘Errea Wittu’ Floating Production, Storage and Offloading (FPSO) vessel that will produce oil in the Uaru field in the Stabroek Block.
The event saw members of the GCCI receiving crucial information on the company’s procurement process and opportunities from the MODEC team, including Country Manager, Mr. Rafael Fumis, and Supply Chain Manager, Mr. Pedro Nascimento.
President of the GCCI, Mr. Kester Hutson explained that the Chamber viewed the opportunity to engage MODEC as an important one, as there is keen interest in understanding the role of the company and how local businesses can benefit from the company’s operations in Guyana.
Meanwhile, Senior Vice President and Chairperson of the Chamber’s Petroleum Committee, Mrs. Kathy Smith, stressed the importance of not just contract opportunities but also skills transfer for the benefit of Guyanese. Attendees were provided with an overview of the company’s supply chain procedures, including vendor registration, and some upcoming opportunities. They were also able to interact with the company’s officials and ask questions.
