A major addition to Guyana’s growing oil and gas sector was unveiled this afternoon with the official launch of Orinduik Marine Services.
The launch took place at Lusignan, East Coast Demerara, within the Orinduik Development and Innovation Training Centre (ODITC) compound.
The event was attended by President Dr. Irfaan Ali, industry stakeholders, and members of the local business community.
President Ali, who delivered the keynote address, emphasised Guyana’s rapidly growing oil economy and noted that the investment in Orinduik Marine Services would advance development within the sector.
Orinduik Marine Services Inc. is a newly established, Guyanese-led enterprise solely owned by local businessman Harrychand Tulsi. Mr. Tulsi is also the proprietor of several other local companies, including Lusignan Aviation Centre Inc. (LACI), General Engineering Supplies & Services (GESS), and Lusignan Hotel Inc. (LHI). He is additionally a partner in ODITC, a joint venture involving ODITC, EnerMech, and 3t.
The launch marks a significant step forward in strengthening the country’s marine infrastructure to support the rapidly expanding offshore oil and gas industry.
Since the discovery of oil in 2015 and the commencement of commercial production in 2019, Guyana has become one of the fastest-growing oil producers in the world.
With daily output exceeding 600,000 barrels and projected to surpass one million barrels per day by 2027, the demand for marine logistics and offshore services has risen sharply.
Orinduik Marine Services is expected to address this critical need by offering support for vessel operations, offshore personnel transfers, subsea services, and emergency response capabilities.
The company aims to provide high-quality services while maximising local content and creating sustainable employment for Guyanese citizens.
The location of the new facility within the ODITC compound also highlights its commitment to workforce development.
The ODITC, which opened in 2023 following more than US$20 million in investment, has already trained hundreds of Guyanese workers in areas such as rigging, safety, and mechanical maintenance for the oil and gas sector.
Orinduik Marine Services will tap into this growing talent pool, ensuring that more local workers are qualified for roles that were previously filled by expatriates.
The launch aligns with the government’s broader strategy to ensure that oil wealth is not only extracted but also retained and reinvested within Guyana.
Through legislation such as the Local Content Act and policies supporting the Natural Resource Fund, Guyana is taking deliberate steps to avoid the pitfalls of the so-called “resource curse” by ensuring that development is both inclusive and diversified.
The establishment of marine support companies such as Orinduik is expected to generate further economic activity in logistics, training, hospitality, and aviation.
