Guyana is a trailblazer in monetizing natural resources—it's the place to be, says IDB Official
In this episode of the Energy Perspectives Podcast, powered by the Guyana Energy Conference and Supply Chain Expo, IDB Country Representative in Guyana, Lorena Solorzano-Salazar, lauds the approach by local authorities in successfully monetizing the nation’s well preserved forests.
The official also registered her support following the announcement by President, Dr. Irfaan Ali to lead a global alliance of nations that are paid for protecting their rich biodiversity and ecosystems.
Take a listen as she expounds on the many reasons why Guyana is the place to be.
Women must be on frontline of Guyana’s explosive development - Lady Cherie Blair
Women must be on frontline of Guyana’s explosive development - Lady Cherie Blair
In this episode of the Energy Perspectives Podcast, Lady Cherie Blair, King’s Counsel and founder of the Cherie Blair Foundation for Women, shares her insights on why women must be at the forefront of Guyana’s rapid development.
Discover her thoughts on:
1. The critical role of financial independence for women.
2. The impact of the Her Venture app on women’s businesses in Guyana.
3. Breaking gender stereotypes in male-dominated industries.
Listen for more valuable perspectives from one of the world’s leading advocates for women’s rights and leadership.
Guyana poised to become region's agro-processing powerhouse - GMSA Head
Head of the Guyana Manufacturing and Services Association (GMSA), Ramsay Ali is of the firm view that Guyana is poised to become a regional leader in agro-processing once the gas-to-energy project comes on stream in 2025.
In fact, Ali, who is also the CEO of Sterling Products Limited, said the US$1.7 billion project, a critical component of Guyana’s agenda for diversification, will address the costly power generation challenges facing the manufacturing sector.
He also expressed enthusiasm about the prospect of new industries.
#energy #Guyana #oilandgas #agroprocessing #energyperspectives
Guyana’s oil projects will go down as one of the greatest deepwater ventures in history - ExxonMobil official
In this episode of the Energy Perspectives Podcast, Vice President and Business Service Manager of ExxonMobil Guyana, Phillip Rietema shares that Guyana’s Stabroek Block projects will go down as one of the greatest deepwater ventures in history. Rietema says that these projects hold a competitive edge over many others across the world as it has a breakeven spread that can weather market volatility.
In this episode, he reveals key insights on the company’s 2023 financials, the overall value of the Stabroek block’s world-class resources, and so much more.
#guyana #oilandgas #ExxonMobilGuyana #stabroekblock
Guyana is an investor’s paradise - GO-Invest official, John Edghill
In this week’s episode of the Energy Perspectives Podcast, Senior Director of Investment at the Guyana Office for Investment (GO-Invest), John Edghill takes the spotlight. From the level playing field set by our laws to the favourable incentives set for the forestry, agriculture and energy industries, Edghill explains in great detail, some of the distinct advantages that position Guyana as an investor’s paradise.
#Guyana #investorsparadise #business #goinvest
Guyana well-positioned to become major player in the oil industry – Chairman of Nestoil Group
In this week’s episode of the Energy Perspectives Podcast, we engage Dr. Ernest Azudialu-Obiejesi, Chairman and CEO of Nestoil Group. Nestoil has been a major player in Nigeria’s oil and gas industry since 1991. It is recognized as the largest indigenous engineering, procurement, construction, and commissioning company for major IOCs in Sub-Saharan Africa.
During his engagement with Kiana Wilburg, CEO of the Guyana Energy Conference and Supply Chain Expo, Dr. Ernest explained that he was on a four-day fact-finding mission in Guyana from June 9 to 12 to understand the opportunities that abound.
Dr. Ernest also shared his perspectives on the importance of local content, emphasizing that championing local content laws was crucial for Nestoil’s success. He noted that Guyana could learn from Nigeria’s journey, particularly regarding local content legislation, funding for local participation, and comprehensive training programmes to empower locals.
Additionally, Dr. Ernest highlighted the importance of ensuring that oil investments benefit the broader economy, touching on areas like tourism and technology. He expressed optimism that Guyana is well-positioned to become a major player in the oil and gas industry by leveraging these lessons.
#nestoil #nigeria #guyana #oilandgas #localcontent
PART 2: Guyana armed with most modern expression of oil-related laws - Attorney General
Today, we continue with Part Two of our insightful discussion with Guyana’s Attorney General and Minister of Legal Affairs, Anil Nandlall. In this segment, Nandlall explores the legislative evolution that has taken place over the last three years, all to strengthen the regulatory framework for the oil and gas sector.
In his episode, he delves into the importance of the Local Content Law, the Petroleum Activities Act, the Natural Resource Fund Act and the Arbitration Bill that was recently passed.
Part 1: Guyana overhauling judicial system to support booming economy-Attorney General
Part 1: Guyana overhauling judicial system to support booming economy-Attorney General
In this week’s episode of the Energy Perspectives Podcast, Guyana’s Attorney General and Minister of Legal Affairs, Anil Nandlall, SC provides a comprehensive overview of the measures implemented thus far to improve the efficiency and transparency of the judicial sector.
In Part 1 of this detailed discussion, Nandlall said some of these measures include the introduction of an automatic voice recording system that brought great speed and efficiency for judges and magistrates in the dispensation of their decisions. Platforms such as Zoom and Microsoft Teams are also being taken advantage of to increase the pace at which cases are heard.
Another critical initiative was the introduction of more judges and magistrates into the system, all with the aim of increasing efficiency.
He also spoke to the suite of legislation being passed to revolutionize the litigation process such as the Criminal Procedure (Plea Discussion and Plea Agreement) Bill.
Guyana’s EPA leveraging technology to become world-class regulator
With the aim of becoming a world class regulator, Head of Guyana’s Environmental Protection Agency (EPA), Kemraj Parsram says funds are being deployed to leverage technology as well as upskill its talent pool.
During his appearance on the Energy Perspectives Podcast, Parsram shared key details of this strategic plan with CEO of the Guyana Energy Conference and Supply Chain Expo, Kiana Wilburg.
The EPA Head noted that his agency utilizes NASA’s satellite to monitor any incident of flaring as well as MAXAR technology to have a bird’s eye view of any spill.
Parsram also explained how the permitting process for the oil sector has been advanced by leaps and bounds, ensuring for example, that Guyana is at no time saddled with any oil spill liabilities.
Empowering more women can help bridge Guyana's 53,000 worker gap - CLBD Director
In this week’s episode of the Energy Perspectives Podcast - powered by the Guyana Energy Conference and Supply Chain Expo - we highlight the work of the Centre for Local Business Development (CLBD). In an interview with the CEO of the Guyana Energy Conference and Supply Chain Expo, Kiana Wilburg, the Centre’s Director, Dr Natasha Gaskin-Peters underscores the importance of women in the energy landscape.
Additionally, the economist shares key details on the work of the CLDB in preparing women for the opportunities that abound in the world’s fastest-growing economy. With Guyana in need of over 53,000 workers to support booming development in five sectors, including health and oil and gas, Dr Gaskin-Peters urges authorities to look to women to fill these gaps.
Follow us on Spotify at Guyana Energy Perspectives.
#Guyana #oilandgas #womenempowement #energyperspectives
Guyana hits major renewable energy milestones in just 3 years
In this week’s episode of the Energy Perspectives podcast, CEO of the Guyana Energy Conference & Supply Chain Expo, Kiana Wilburg engages the Head of the Guyana Energy Agency (GEA), Dr. Mahender Sharma.
With a mandate to support the government’s renewable energy agenda, the GEA has been instrumental in helping authorities hit several impressive targets on solar and hydropower installations.
Dr. Sharma shared that approximately 29,000 solar home energy systems have been distributed across Hinterland and Riverine communities. He also revealed key insights on Guyana’s enormous hydropower potential; preparing the market for electric vehicles; and the impact of small renewable projects on the lives of teachers and healthcare workers.
Follow us on YouTube and Spotify at
https://youtube.com/@guyanaenergy?si=8IhYACbwmWtFHhAM
https://open.spotify.com/show/4Z93jNn2pPw2K2rq36CGzT?si=Bx4BXb8ySlCWqV6OYX3NBg
ExxonMobil, alongside its partners Hess and CNOOC, has often credited technological advancements as one of the key factors that allowed for rapid success in Guyana’s Stabroek block. In just five years, the Exxon-led consortium commenced oil production in December 2019 at the Liza Phase One project.
This performance was deemed unprecedented as it surpassed the industry standard by two years. A lesser-known fact, however, is that the technology to develop Guyana’s sweet, light hydrocarbons did not exist 15 to 20 years ago, as highlighted by the President of ExxonMobil Guyana, Alistair Routledge.
On the sidelines of the Offshore Technology Conference (OTC) on May 8, 2024, Routledge explained to the Guyana Energy Conference & Supply Chain Expo the crucial role of technological breakthroughs.
Any oil producing nation that is desirous of avoiding the deadly consequences of overreliance on hydrocarbons would strive for a diversified economy. It is for this reason Guyanese authorities have emphasized the importance of using oil revenues as an impetus for growth in industries like agriculture. Many Guyanese here and in the diaspora believe in the merit of this message. Omkaar Sharma, Chief Executive Officer at Amaya Milk Company is one such Guyanese.
In this week’s episode of the Energy Perspectives podcast, Sharma shares the journey of returning to Guyana to make a massive investment in the dairy industry, totalling over $150 million.
During his interview with CEO of the Guyana Energy Conference and Supply Chain Expo, Kiana Wilburg, key insights were revealed about the importance of the dairy industry to Guyana’s self-sufficiency agenda.
Guyana’s Local Content Law boosting businesses, building legacies
Two years post-implementation, Guyana's Local Content Law has spurred nearly US$1 billion in revenue for local businesses across 40 work categories and enhanced local employment and skills development. Attorney-at-law and Member of Parliament, Sanjeev Datadin contends the law has clearly proven itself essential for fostering a lasting Guyanese legacy in the oil industry.
In his discussion on the Energy Perspectives Podcast with Kiana Wilburg, CEO of the Guyana Energy Conference and Supply Chain Expo, Datadin explores crucial aspects of the law. He also clarifies prevalent misconceptions about the protections for foreign entities in joint venture partnerships with Guyanese. Hear the full story using the link attached.
Guyana Port Inc. eyes US$5M investment in dredging services
With the emergence of the oil and gas sector in Guyana nearly seven years ago, there arose a significant demand for specialized port services. Since its establishment in 2019, Guyana Port Inc. has played a pivotal role in helping to fill this gap. In this week’s episode of the Energy Perspectives Podcast, Managing Director, Pritipaul Singh Jr shares key insights on the services offered by his company, which reflect an investment of some US$5 million. The investments are poised to increase with another US$5M planned for dredging services.
During his interview with the CEO of the Guyana Energy Conference and Supply Chain Expo, Kiana Wilburg, he also reveals some of the exciting plans in the pipeline to partner with a major Ghanaian firm for expansion into the shipbuilding arena.
Follow us on Spotify at Guyana Energy Perspectives: https://open.spotify.com/episode/6TcsdTJ4953zkOSmgB0hBh?si=2bN81Fk9SV6NDMvFy3LxQw
Earlier this month, the Guyana government approved the petroleum production licence and the environmental permit for ExxonMobil's $12.7 billion Whiptail Project in the Stabroek Block.
In this week's episode of the Energy Perspectives podcast, Bobby Gossai Jr., Senior Petroleum Coordinator at the Ministry of Natural Resources, joins Kiana Wilburg, CEO of the Guyana Energy Conference and Supply Chain Expo, to delve into pivotal elements of the petroleum licence.
Their discussion highlights enhanced production reporting, initiatives to monitor and safeguard marine resources through independent audits, and strategies to expand local content opportunities.
They also examine strengthened provisions for decommissioning. Overall, these provisions are but a few that lend to the evolution of the permitting process for the oil sector.
Follow us on Spotify at Guyana Energy Perspectives: https://open.spotify.com/episode/3he6WSMPTNBwuwt8fVe6Tf?si=3YTfvSFFT3aCFtPc5iXVAw
Guyana bursting at the seams with opportunities for revolutionary business opportunities -CEO of Phyex Work, Rudy Ganna
In this week’s episode of the Energy Perspectives Podcast, CEO of the Guyana Energy Conference and Supply Chain Expo, Kiana Wilburg had the distinct pleasure of engaging Mr. Rudy Ganna, a true visionary entrepreneur. Not only has he founded more than 100 companies across 40 countries, but his work has impacted more than 500 brands.
Today, he sits at the helm of PYHEX | Work, a business platform that provides a space for entrepreneurs and startups in Latin America to flourish.
During his discussion, Ganna noted that Guyana is bursting at the seams with opportunities for revolutionary business opportunities. Listen to how he believes his company can serve Guyana’s development agenda.
Follow us on Spotify at Guyana Energy Perspectives: https://open.spotify.com/episode/3b1dl3pTKLo4wNPKfPhbeS?si=ufCebSoiRyaTuR4HzvYJKg
Statement by H.E. President Dr Mohamed Irfaan Ali
WATCH || Statement by His Excellency President Dr Mohamed Irfaan Ali.
Guyana Energy Conference & Supply Chain Expo poised to become “Super Bowl” event for region- Incoming CEO, Kiana Wilburg
As the Guyana Energy Conference and Supply Chain Expo gears for its fourth edition in February 2025, Incoming Chief Executive Officer (CEO), Kiana Wilburg recently noted that plans are in the pipeline to take this event to new heights.
During an interview on EdYo FM, the CEO underscored the Secretariat’s vision for promoting the involvement of more women, advocating for greater local content development across existing and new service areas, and championing those global best practices that suit the Guyana context.
The CEO also noted the Secretariat’s plans to foster critical discussions with international stakeholders to help bridge the national learning gap, along with soon-to-be disclosed initiatives that will position the conference to become the “Super Bowl event” of the region.
2024 Guyana Energy Conference and Supply Chain Expo
Here's a flashback of the Guyana Energy Conference and Supply Chain Expo which was held in February at the Marriott Hotel in Georgetown.
The Guyana Energy Conference and Supply Chain Expo is an annual event that brings together industry leaders, policymakers, and stakeholders to discuss the latest developments, challenges, and opportunities in the energy and supply chain sectors. The conference aims to foster collaboration, innovation, and sustainable practices for the future of the industry.
Visit www.guyanaenergy.gy for more information.
