40 Guyanese companies attending Offshore Technology Conference in Houston

The Guyana Pavilion at the Offshore Technology Conference 2023 (OTC) was officially opened Monday with a symbolic ribbon-cutting ceremony and saw over 100 Guyanese participating.

According to a press release by the Guyana Office for Investment, the event which runs until May 4, sees Guyana participating for the fourth time.

The conference provides businesses with networking, collaboration, and showcases Guyana’s potential for future industry developments.

Among the companies participating are are GKB, Guyana Logistics & Support Services, Friedlander and Swiss Machinery. Key Guyanese business organisations with representatives at the event are the Private Sector Commission, the Georgetown Chamber of Commerce and Industry (GCCI), the American Chamber of Commerce and Industry and Guyana Oil and Gas Energy Chamber (GOGEC).

During the ribbon-cutting ceremony, Chief Executive Officer of the Guyana Office for Investment Dr. Peter Ramsaroop said “OTC is one of the most prestigious platforms for the world to keep engaging with Guyana as we continue to lead on energy transition, low carbon development, and climate services.”

Meanwhile, Manniram Prashad, President of the GOGEC, said the Chamber was excited to field a large delegation to the oil and gas capital where memorandums of understanding and major contracts can be discussed for future partnership.

Energy professionals, engineers, executives, operators, scientists, and managers from around the globe and across all offshore energy sectors are in attendance. Industry leaders will discuss licensing, business opportunities and recent advancements in technology.

The President of GCCI, Kester Hutson, said the Chamber was satisfied with the continued enthusiasm demonstrated by the Chamber’s members.

“We must applaud the Guyana Office for Investment for being able to assemble businesses and organizations for this event. As we continue to be a regional energy production powerhouse, Guyana needs to be promoted to the world more than ever,” Huston said.