On Wednesday, June 19 to 22, Equinor executives and staff observed the company’s 10th Anniversary with several activities.
The company’s overseas top brass arrived in Nassau on June 19 and on Thursday, June 20 the executives paid a courtesy call on Prime Minister Dr. Hubert Minnis and Deputy Prime Minister K. Peter Turnquest in Grand Bahama and had dinner with MC Team.
Then on June 21 there was an ESRP Business Review lunch and facility tour, followed by a Town Hall Meeting. The executives left the country on Saturday, June 22.
Ten years ago, Equinor, formerly Statoil, bought the 6.75Mbbl crude oil facility in East End, Grand Bahama. Since its acquisition, Equinor has invested heavily to modify the facility from a light, sweet crude terminal into a heavy crude blending terminal to support its Peregrino operations in Brazil.
The facility has seen a significant improvement in its technical integrity, both onshore and offshore, and is now a world class asset that supports Equinor’s global water-borne trading business.
As activities commenced to commemorate the decade long remarkable run, K. Peter Turnquest, Deputy Prime Minister, Minister of Finance and Member of Parliament for East Grand Bahama issued a press statement, lauding the company for its corporate and community excellence.
“Equinor has contributed much to Grand Bahama Island and the wider Bahamas. The operation continues to demonstrate confidence in the Bahamian talent and economy. Bahamians remain employed at all levels in the organization,” said the DPM.
“Equinor’s investment in development of its staff members is extensive and the hands-on approach to train, mentor and promote professional development among our students is commendable. During these past 10 years, Equinor has helped to strengthen many of our community programs in East Grand Bahama, including a productive and meaningful partnership with all of our schools located in East Grand Bahama.
“Equinor is a model brand of corporate and community excellence with a strong commitment to operating prudently and safely. On behalf of the government, the Bahamian people, and in particular the residents of East Grand Bahama, I extend 10th Anniversary greetings and best wishes to the Equinor team,” said Turnquest.