Local content development imminent
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Vice-President Bharrat Jagdeo (fifth left) along with other senior officials of the government, and U.S. Ambassador to Guyana, Sarah-Ann Lynch (fourth left) with other local stakeholders at the OTC conference in Houston, Texas
Vice-President Bharrat Jagdeo (fifth left) along with other senior officials of the government, and U.S. Ambassador to Guyana, Sarah-Ann Lynch (fourth left) with other local stakeholders at the OTC conference in Houston, Texas

–with Guyana’s attendance at offshore technology conference

GUYANA has officially opened its booth at the Offshore Technology Conference (OTC), which is the largest trade show in the global oil and gas sector.
This is Guyana’s second time participating at this international conference in Houston, Texas.
Guyana is represented at the conference by the Government of Guyana through the Guyana Office for Investment (GO-Invest) and several private sector organisations and businesses. The contingent comprises Vice-President Bharrat Jagdeo; Minister of Foreign Affairs and International Cooperation Hugh Todd; Minister of Natural Resources Vickram Bharrat; Minister within the Ministry of Public Works Deodat Indar, and Chief Investment Officer and Chief Executive Officer (CEO) of GO-Invest, Dr. Peter Ramsaroop.

Vice-President Bharrat Jagdeo, in the presence of senior government officials and other stakeholders, cuts the ceremonial ribbon to officially declare open Guyana’s booth at the OTC conference in Houston, Texas, USA

Also on the team are representatives from the American Chamber of Commerce (AmCham), the Georgetown Chamber of Commerce and Industry (GCCI), the Private Sector Commission (PSC), the Guyana Manufacturing and Services Association (GMSA), the Guyana Oil and Gas Energy Chamber (GOGEC), and private businesses: GUYSONS-GKB, GAICO, MID Atlantic OIL GAS, GYSBI, GTT, ExxonMobil Guyana, and Halliburton.
The OTC’s flagship conference is held annually at NRG Park in Houston. The event is sponsored by 13 industry organisations and societies, which collaborate to develop a technical programme for energy professionals to meet to exchange ideas and opinions on advanced scientific and technical knowledge for offshore resources, and environmental matters.

Guyana’s participation at the OTC is necessary for local content development; it provides opportunities for local businesses to network and seek partners in pursuit of emerging opportunities here. Participation would also help to attract more of the supply chain opportunities to Guyana’s shores. Education, connection and networking are the major focal points of this mission. Several related events are scheduled to maximise every opportunity to showcase and attract investment opportunities to Guyana. A Guyana Evening of Information Sharing and Networking is planned for tomorrow, Wednesday, August 18 at the Asia Society Texas Center.
Presentations will be made by Vice-President Jagdeo, Minister of Natural Resources, a representative of ExxonMobil, the U.S. Ambassador to Guyana, and the CEO of GO-Invest.

The Guyana Evening is an unpaid invitation-only event, where approximately 400 representatives from various international and local companies are expected to be in attendance to meet with the Guyanese delegation. The event will see representatives from both the public and private sectors using the opportunity to network and develop relationships with key persons within the industry to attract investment, primarily to Guyana’s oil and gas and services sectors, and to establish and develop crucial partnerships. The Vice-President is slated to deliver his keynote address to the OTC today, at 13:30hrs, on the topic: “Guyana: An emerging oil industry in the context of net zero emissions”. He is also scheduled, at 17:30hrs, to speak on the topic, “Climate Change Aspirations and the Viability of Small Development Countries” at Rice University’s Baker Institute for Public Policy. He and the Natural Resources Minister will also be featured tomorrow on the “Around the World Series Panel Discussion on the Guyana and Suriname Basin and Liza Project”.

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