The High Commission of Canada is collaborating with the Newfoundland and Labrador Oil and Gas Industry Association (NOIA) and GOINVEST to bring a Canadian oil and gas trade mission of approximately 25 entities from Canada’s offshore oil and gas industry to Guyana from September 11-14.
Canadian companies are hoping to leverage partnerships with appropriate Guyanese businesses, and work with them to access opportunities in the oil and gas sector.
Former Canadian High Commissioner to Guyana, Pierre Giroux, told OilNOW in July that this could be the first of many such ventures.
Guyana presents world-class, deep-water petroleum prospects which offer business opportunities that align with Newfoundland and Labrador’s petroleum expertise and experience. The development of potential partnerships between the two jurisdictions could serve to build strong business relationships, transfer technology, and skills development to support the growth of Guyana’s offshore oil and gas industry.
Mr. Giroux said while the interest of many of the companies that will be visiting the South American country is primarily in oil and gas, there will be scope for investment opportunities in other sectors. He said serving the oil and gas industry is not only about the direct requirements of the operators but also involves other sectors such as health, environment, telecommunication, infrastructure, among others.
Newfoundland companies have been servicing FPSOs for over 15 years. Companies from this province have also been servicing rigs and drill ships for 40 years.
The mission will include pre-mission preparation, an information session, networking reception and business to business (B2B) meetings with companies in the market.