Guyana officials to go after oil investment from Ghana private sector

As anticipation builds for an upcoming roundtable discussion on the opportunities in Guyana’s upstream petroleum industry, officials are gearing up to utilise the event as a platform to promote Guyana and attract international interest in its burgeoning oil sector. With the objective of highlighting the country’s immense potential and fostering partnerships, the roundtable aims to position Guyana as an attractive investment destination for the Ghanaian private sector. 

The virtual discussion, scheduled for Wednesday, July 12, 2023 at 9:00 AM GYT, will be moderated by Nana Adjoa Hackman, Managing Partner of Africa Legal Associates, and a Specialist in Petroleum Law and Policy.

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The guest speakers are:

• Vickram Bharrat, Minster of Natural Resources, Guyana
• Egbert Faibille, CEO of the Ghana Petroleum Commission
• Nicholas Deygoo-Boyer, National Hardware, Guyana
• Dr. Martin Pertab, CEO of the Local Content Secretariat, Guyana

Notably, the panel will also be discussing Local Content. Guyana took pointers for the establishment of its Local Content Law from Ghana’s experience. Part of this framework is encouragement for joint ventures between Guyanese and foreign companies, which Guyana officials are expected to promote in calls for investment from Ghanaian companies.