The Canadian High Commission is working with the Newfoundland and Labrador Oil and Gas Industry Association (NOIA) and the Guyana Office for Investment (Go-Invest) to host Canadian companies looking for opportunities in the oil and gas sector here.
A release yesterday from the Department of Public Information said that approximately 25 entities from Canada’s offshore oil and gas industry are scheduled to be here from September 11th – 14th, 2017. The Canadian companies are hoping to leverage partnerships with appropriate Guyanese businesses, and work with them to access opportunities in the oil and gas sector in the wake of huge oil discoveries offshore Guyana.
The release said that the development of potential partnerships between the two jurisdictions could serve to build strong business relationships, transfer technology, and skills development to support the development of Guyana’s offshore oil and gas industry. Newfoundland companies have been servicing Floating Production Storage and Offloading (FPSOs) platforms for over 15 years, the release said. Companies from this eastern province of Canada have also been servicing rigs and drill ships for 40 years.
