Two months after signing a memorandum of understanding (MOU) in Houston, the Georgetown Chamber of Commerce and Industry (GCCI) and the Energy Chamber of Trinidad and Tobago have developed a work plan and are preparing to launch the first initiative under the partnership, with a joint virtual event expected within the next three months.
The event will bring together stakeholders from Guyana and Trinidad and Tobago’s energy sectors to discuss opportunities in both markets, according to Energy Chamber of Trinidad and Tobago President Dr. Priya Marajh.
“So we’ve developed a work plan and we’re looking at executing a joint event,” Marajh told OilNOW. “Our first joint event, we’re looking at executing it in about three months or so.”
She said the event will feature presentations on energy opportunities in both countries, including participation from Guyana’s natural resources sector, Guyanese energy service companies and Trinidadian firms.
“We’re looking at a virtual option in the first instance,” Marajh said, adding that the organizations intend to expand the collaboration to in-person events in the future.
The planned forum marks the first concrete initiative since GCCI President Kathy Smith and Marajh signed the MOU during the Offshore Technology Conference (OTC) in Houston in May.
The agreement was designed to strengthen collaboration between businesses in Guyana and Trinidad and Tobago’s energy sectors through knowledge sharing, training, networking, trade missions and joint events. A central objective is to help small and medium-sized enterprises in both countries build capacity and develop commercial partnerships as Guyana’s oil and gas industry continues to expand.
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At the signing, Smith said Trinidad and Tobago’s decades of experience in the energy industry made the partnership particularly valuable as Guyanese businesses position themselves to play a larger role in the country’s growing petroleum sector.
Marajh had similarly described the MOU as a platform for creating opportunities for smaller companies, with a focus on knowledge transfer, collaborative events and capability development.
Guyana’s offshore oil production has grown rapidly since first oil in 2019, creating new opportunities for local suppliers across a range of industries. Trinidad and Tobago, with more than a century in oil and gas, and a well-established energy services sector, has long been viewed as a potential partner in helping develop regional supply chains and technical expertise.
