The Guyana Oil and Gas Energy Chamber – GOGEC has signed a Memorandum of Understanding with the Petroleum Technology Association of Nigeria – PETAN to facilitate a collaboration that will lead to an exchange of information and sharing of resources between the two parties within the oil and gas sector.
This MOU was initiated in Houston Texas during the Offshore Technology Conference (OTC 2022). The MOU was recently signed by Mr. Manniram Prashad, President of GOGEC, and Mr. Nik Odinuwe, Executive Chairman of PETAN accompanied by Mr. Ranti Omole, Vice Chairman of the Petroleum Technology Association of Nigeria – PETAN at the Pegasus Hotel during their visit to Guyana last week to finalize the Memorandum of Understanding.
PETAN’s aim is to bring together Nigerian Oil and Gas entrepreneurs to create a forum for the exchange of ideas with major operators and policymakers whereas GOGEC’s mission is to ensure that there are equal opportunities for all the operators and potential operators within the industry and promote trade, investment and knowledge transfer within the energy sector to all members and stakeholders.
Nigeria is the largest oil and gas producer in Africa. As of 2020, Nigeria had the largest oil and gas reserve in the African region, with around 37 million barrels of crude oil and 5.5 billion cubic meters of gas. (Guyana Oil and Gas Energy Chamber press release)
