THE President of the Guyana Oil and Gas Energy Chamber (GOGEC), Manniram Prashad, has welcomed the visit of U.S. Secretary of State, Marco Rubio and the signing of the enhanced Memorandum of Understanding (MoU) between the Governments of Guyana and the United States.

A press release noted that the agreement which was signed on Thursday, underscores “the strong and enduring partnership between the two nations, built on shared values, mutual trust, and a commitment to regional peace and security.”

It added that the chamber also welcomes President Dr. Irfaan Ali’s recognition of different and preferential treatment for friends and close allies who have steadfastly supported Guyana’s territorial integrity.

“As Guyana continues to develop its oil and gas sector, this enhanced MoU is very timely and is a crucial step in ensuring stability and protecting Guyana’s territorial integrity.”

“GOGEC applauds the U.S. government’s reaffirmed support for Guyana’s sovereignty and its commitment to addressing security threats, transnational crime, human trafficking, and money laundering.”

“Furthermore, GOGEC recognises ExxonMobil as a responsible corporate citizen whose investments and local content initiatives have been an enhancing factor in Guyana’s economic growth. A secure and stable environment is essential for continued progress, and this MOU will contribute significantly to the long-term success of Guyana’s energy sector.” The release said.

The GOGEC emphasised that it remains committed to working alongside government and industry stakeholders to advance Guyana’s sustainable energy future and economic resilience.