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Guyana: New US$18M Craig shore base oil venture eyes creation of over 200 jobs

With plans to create over 200 jobs for locals in the oil and gas sector, an overseas-based Guyanese is partnering with an experienced United Kingdom offshore support company to create another shore-based operation in Region Four.

Danco Logistical Contractors Inc. (Danco) and Consolidated Supply Management (CSM) of the UK yesterday signed an agreement that would see them building and operating a shore base at Craig, on the East Bank of Demerara.

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