{"id":28717,"date":"2022-05-02T08:00:49","date_gmt":"2022-05-02T12:00:49","guid":{"rendered":"https:\/\/www.alliedbuildings.com\/?p=28717"},"modified":"2024-08-06T08:36:00","modified_gmt":"2024-08-06T12:36:00","slug":"guyana-steel-buildings","status":"publish","type":"post","link":"https:\/\/www.alliedbuildings.com\/guyana-steel-buildings\/","title":{"rendered":"Guyana Steel Buildings"},"content":{"rendered":"

[vc_row][vc_column][vc_column_text]You probably haven\u2019t heard too much about Guyana<\/a>, or Guyana steel buildings.
\nDon\u2019t feel bad\u2013you\u2019re not alone.<\/p>\n

Guyana<\/h2>\n

Guyana (or, officially, the Co-operative Republic of Guyana) is a small nation on the north coast of South America, and it hasn\u2019t made many waves\u2026 yet. Just east of Venezuela, it\u2019s also bordered on the south by Brazil and on its east by Suriname. It\u2019s the third-smallest state by area in mainland South America, but it has a big future, <\/strong>and Allied is already there helping with that direction.<\/p>\n

\"Baker

Baker Hughes, Guyana Steel Building Warehouse<\/p><\/div>\n

Oil Discovery<\/h2>\n

The big recent news that has people giving Guyana a fresh look is the discovery of significant oil reserves. You may have noticed that gas has gotten a lot more expensive lately, and that our President has asked for various nations to step up their oil production to help with the problem<\/a>. Guyana is expected to be producing 350,000 barrels per day of oil by next month, and forecasts have that increasing to 800,000 barrels per day in 2025, and 1.2 million barrels per day by 2027. The total recoverable resources estimate for the newfound oil there is more than 9 billion barrels, one of the richest finds in recent years. That\u2019s huge news in a world with ever-increasing energy needs. With only 790,000 people, Guyana is set to become the world\u2019s leading oil producer on a per-capita basis.<\/p>\n

Fastest-Growing Economies In The World<\/h2>\n

But even before the recent development in the petroleum world, Guyana was booming. It\u2019s one of the five fastest-growing economies in the world<\/a>. It already had a diversified economy, rich in other minerals including gold, diamonds, and bauxite (the ore used to make aluminum), and boasting of other market strengths in agriculture, livestock, fishing, manufacturing, engineering, and construction<\/strong>.<\/p>\n

Allied\u2019s Contribution<\/h2>\n

Allied Steel Buildings<\/a> has been playing its part in that last category. We\u2019ve recently delivered several structures in Guyana, for clients such as Schlumberger<\/a>, Baker Hughes, <\/a>Atlantic Marine &<\/a>, TechnipFMC.<\/a><\/strong> All told, we have 24 completed projects in Guyana.<\/p>\n