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Qualco Launches Operations with Local Partnership and Government Endorsement

Admin by Admin
March 28, 2025
in News
Several technicians pose with Dr. Singh, Ambassador Theriot and Director Persaud.

Several technicians pose with Dr. Singh, Ambassador Theriot and Director Persaud.

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Qualco Guyana, a subsidiary of the U.S.-based Quality Companies, officially launched its operations in Guyana on Wednesday at a ceremony held at its state-of-the-art facility in Friendship, East Bank Demerara. The launch event brought together senior government officials, members of the diplomatic corps, and private sector representatives, signaling a new chapter in Guyana’s oil and gas development, underscored by local partnership and global standards.

Delivering the feature address was Senior Minister in the Office of the President with Responsibility for Finance and the Public Service, Dr. Ashni Singh, who commended the initiative as timely, noting that it coincides with the visit of U.S. Secretary of State Marco Rubio.

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Singh described the launch in Friendship village as symbolic of the deepening friendship between the United States and Guyana. The minister emphasised that “now is the time to be bold,” and applauded Qualco’s bold step into the Guyanese market, particularly its partnership model that includes two local companies—Latitude and Nexxus Machine Inc.—alongside the U.S.-based Quality Companies.

Dr. Haimwant Persaud, Director of Qualco Guyana, described the company as a product of strategic collaboration committed to delivering international standards while investing in Guyanese talent. “Qualco Guyana is not here simply to build. We are here to empower. To elevate. To energize,” he said in his opening remarks. “Together, we are Qualco. Together, we are Guyana.”

Qualco Guyana, incorporated in 2019 and operational since 2020, is a multidisciplinary energy services provider supporting both offshore and onshore projects. With over US$8 million invested to date in facilities, equipment, and training, the company has already established two key operational sites at Lot 10, Supply, and Lot 40, Friendship, East Bank Demerara. Approximately 95% of its workforce is Guyanese, including technicians who have received international certifications in SPRAT and IRATA rope access techniques.

The U.S. Ambassador to Guyana, Her Excellency Nicole D. Theriot, also delivered remarks at the event, highlighting the importance of partnerships like Qualco Guyana in strengthening the economic ties between the two countries.“Qualco’s timely and strategic investment cannot be overstated. Qualco has made significant strides here, establishing two state of the art facilities…these locations represent Qualco’s commitment not only to service excellence but to Guyana’s growth and economic development.”

Chairman of the Private Sector Commission, Mr. Komal Singh, lauded the company’s commitment to local content and workforce development. “We as private sector and we as businesses in Guyana should not lay low. The opportunities are large in Guyana. The pie is so huge it’s beyond any of us locally. We should not try to do it alone. Let’s try to find partners and consortium so that we could do it in the shortest possible time.”

All speakers echoed the importance of Guyanese participation in the energy sector, celebrating Qualco Guyana’s model as one that reflects long-term sustainability, local empowerment, and international best practices.

The event concluded with a ribbon-cutting ceremony and a tour of the new facility, attended by company staff, guests, and dignitaries.

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