Guyana Petroleum Summit set to delve into country’s prospects as new oil producer

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Scenes from the Offshore Technology Conference 2019 - Houston, Texas, USA.

The Guyana Petroleum Summit, set to take place on May 9 at the Marriott Marquis, Houston, Texas, is aiming to help draw the road map for how the South American country can best harness economic benefits from its emerging oil and gas industry. The organizers say this is from the standpoint of recognizing that the industry giants flocking to Guyana have their own stakeholders with their expectations.

Lars Mangal, President & CEO of TOTALTEC Oilfield Services Guyana Inc., one of the key entities behind the event, said experts have agreed that Guyana starting with a “clean sheet of paper” has the opportunity to “get it right” and avoid the pitfalls of the sector.

“The Guyana Petroleum Summit will provide an important platform for oil industry experts and solution providers to discuss emerging trends, technologies and strategies. We look forward to setting the framework for a smooth road ahead to bring the benefits of oil and gas to all our industries in Guyana and its workers for the next 50 years,” he said.

The summit agenda entails a mix of keynote presentations and panel discussions. Organisers say it will be filled with relevant content crucial to all those involved or considering involvement in Guyana’s oil and gas sector and will be delivered by the industry’s most experienced and respected thought leaders.

Symon Rubens, CEO, Energy Conference Network said Guyana’s discovery of oil is a game changer. “Impending oil and gas production in Guyana is surrounded by much buzz and anticipation. The Guyana Petroleum Summit will pave the way for the development of the sector in-country. It will bring together industry experts to meet, share best practice and develop innovative strategies to success. We look forward to hosting the who’s who of this market along with several major sponsors and delivering a high-quality summit focused on networking and industry excellence.”

Organisers say the summit will grant those in attendance access to the “most influential people active in today’s oil & gas sector in Guyana.”

Attendees are expected to gain insight as senior managers of international companies, and key influencers and advisors involved in the industry in Guyana, discuss the issues they face and successes they have had in accelerating development in a frontier province.

Policy makers and the investment community will share experiences and ideas on regulatory frameworks and investment opportunities, including accelerating local content and developing the necessary infrastructure to become a 1 million bopd+ producer.

The Guyana Petroleum Summit is being organized by Houston-based Energy Conference Network, which has several years of experience delivering knowledge exchange and networking for the energy industry.

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