Georgetown : Anadarko Petroleum Corporation, an independent oil and gas company in the United States of America which is considered world's largest independent oil and gas exploration and production company, is the latest to be brainstorming the prospects of a franchise operation in Guyana’s territory.
Head of the Petroleum Division of the Guyana Geology and Mines Commission (GGMC) Noel Dennison accompanied officials of Anadarko to a meeting with President Bharrat Jagdeo at his State House residence.
Vice President, Business Development of Anadarko, Ian J. Cooling who led the delegation told the Government Information Agency (GINA) that the company’s interest in Guyana stemmed from its research on the country’s offshore area.
Anadarko is at present conducting a geological assessment of the region and given what has been observed thus far, Cooling said it fits the environment in which the company has always shown interest.
“We look for frontier areas, we look for deep waters… we think the Government of Guyana needs to bring some people in that are technically capable and financially capable to do some work. We’re hoping we’re going to be selected to do that,” Cooling said.
President of the company Jerry Brooks had explained that the interest to establish a refinery in Guyana was stimulated by the fact that several countries around the world are looking to 20,000 barrels a day refineries for their countries given the high cost incurred to transport crude oil to the US for refining.
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