The Guyana Energy Conference and Supply Chain Expo returns for its third installment in February 2024 with an impressive lineup of industry experts, policymakers and foreign officials who will offer insights as keynote speakers and through their participation in several panel discussions.  

The Guyana Energy Conference and Supply Chain Expo is thrilled to announce the participation of the Honourable Andrew Parsons, Minister of Industry, Energy, and Technology of Newfoundland, as a distinguished speaker at the upcoming event. Minister Parsons will share insights and expertise on sustainability and diversification, offering a valuable perspective on the global energy landscape.  

Scheduled for February 19, 2024, at the Marriott Hotel in Georgetown, Guyana, the conference is a premier gathering of industry leaders, policymakers, and stakeholders committed to shaping the future of energy and supply chain sectors. 

He will be joined by President of Guyana, Dr Irfaan Ali; Prime Minister of Trinidad and Tobago, Dr Keith Rowley and Prime Minister of The Bahamas, Philip Davis along with several others to be announced at a later date.  

Minister Parsons brings a wealth of experience and leadership in the energy and technology sectors, making him a prominent voice in discussions related to sustainability and diversification. His participation highlights the international significance of the Guyana Energy Conference and Supply Chain Expo as a platform for fostering collaboration and sharing best practices.  

The session featuring Minister Parsons will delve into the critical aspects of sustainable energy practices and the importance of diversifying energy sources for long-term resilience. Attendees can expect to gain valuable insights into the strategies and initiatives that Newfoundland has undertaken to achieve sustainability goals.  

The inclusion of Minister Parsons as a speaker enhances the conference’s reputation as a hub for thought leadership and meaningful dialogue, providing attendees with unique perspectives and actionable strategies for navigating the evolving energy sector. 

The Secretariat also aims to broaden its platform to include focus on a number of industries for potential investment, such as health, information and communication technology, tourism, manufacturing, agriculture and mining. 

The Guyana Energy Conference and Supply Chain Expo fosters the growth and creation of strategic alliances among companies and industry experts. Participants will network with key stakeholders, including operators, international service companies, government agencies and officials. 

About Andrew Parsons: 

Andrew Parsons has represented the district of Burgeo – La Poile since 2011. A lifelong resident of Channel-Port aux Basques, he trained as a lawyer and was called to the Newfoundland and Labrador bar in 2005. Mr. Parsons practiced law in the region before entering provincial politics. He previously served as the Opposition House Leader and the opposition critic for Justice, Health and Community Services, and other key portfolios. 

On August 19, 2020, he was sworn in as Minister of Industry, Energy and Technology and Attorney General. 

He earned a Bachelor of Arts from the University of New Brunswick before receiving a Bachelor of Laws from the University of Saskatchewan College of Law. While at University, Parsons was involved in various extracurricular activities and student associations. 

Guyana Energy Conference and Supply Chain Expo will become premier event of this hemisphere- Minister Bharrat

Jan 30, 2024

Natural Resources Minister, Vickram Bharrat believes the Guyana Energy Conference and Supply Chain Expo, billed for the Marriott Hotel from February 19-22 under the theme “Fuelling transformation and modernization”, is well on its way to becoming the premier event of this hemisphere.

During a press conference on Monday at the Marriott Hotel, Minister Bharrat was part of a panel that shared insights into the importance of the event and how preparations are coming along. Minister Bharrat said government is pleased to lend its support to the event, noting that it provides opportunities for strategic partnerships. He said this aligns perfectly with the administration’s push for Guyanese to be in the driver’s seat of the nation’s developmental renaissance.

“…Since taking office in August 2020, we have emphasized the need to create more opportunities for Guyanese and their businesses. As a new oil-producing country, we took a significant step towards enacting the Local Content legislation. This move is substantial, considering that many countries, some with decades or even centuries of production experience, are still at the policy stage without concrete legislation,” the minister said.

With the establishment of Guyana’s Local Content Secretariat, Bharrat said the country has been able to ensure compliance with the new law while trapping millions of dollars in country. This news agency recently reported that since January 2022 to present, contractors, sub-contractors and licensees reporting to the Local Content Secretariat have recorded 3,938 local hires, of which 785 were made within the first six months of 2023. Of the total, 824 Guyanese were employed as plant and machine operators, 1,203 as professionals (accountants, lawyers, engineers, etc.), and another 485 as technicians.

Also in keeping with the Act, annual plans received from contractors, subcontractors and licensees, amount to an estimated US$721 million in procurement of goods and services and training. This is US$21M above the 2022 performance, which covered 40 categories of services. Current estimates suggest that US$518 million will be procured from Guyanese suppliers providing goods and services in 2023.

Minister Bharrat said, “While the implementation of the Local Content Law has allowed us to foster numerous joint ventures and partnerships and trap significant value in country…the Energy Conference and Supply Chain Expo will build on this.”

Guyana’s Chief Investment Officer at the Guyana Office for Investment (Go-Invest), Dr. Peter Ramsaroop also noted the importance of the conference in showcasing the numerous opportunities that are available for partnership in the oil and non-oil sectors. “From the theme of the conference alone and given its expanded focus of a supply chain expo, it is clear that we are a regional powerhouse with much to offer,” the Chief Investment Officer said. In this regard, he believes that Guyana is already demonstrating to the rest of the world that it is intent on being a model state by using its oil resources to fuel growth in agriculture and manufacturing with the onset of the gas-to-energy project.

Head of the Private Sector Commission, Komal Singh was also part of the six member panel. He noted that the PSC is excited to be a partner with the conference. As Guyana’s oil sector developments continue on an accelerated pathway, Singh underscored the need for the build out of a robust logistics hub. “We need to springboard to that because it will be key to supporting the gas-to-energy project when it comes on stream,” he said.

As for Chief Executive Officer of the Guyana Energy Conference and Supply Chain Expo, Kurt Baboolall, he said there are 30 sponsors onboard inclusive of ExxonMobil, Hess, CNOOC, GTT Logistics, Blue Waters, and Digicel. He said too that there are 200 exhibitors, with eight spots remaining. Baboolall also noted that there is guaranteed participation from over 21 countries along with representation from 19 sectors.

Guyana Standard understands that the agenda of the conference boasts over 66 distinguished speakers, including numerous world leaders who have confirmed their participation. These notable figures include Qatar’s Prime Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani; Suriname’s President, Chandrikapersad Santokhi; Trinidad and Tobago’s Prime Minister, Keith Rowley; and The Bahamas’ Prime Minister, Phillip Davis.

Representing Guyana will be President, Dr. Irfaan Ali; Vice-President, Dr. Bharrat Jagdeo; Natural Resources Minister, Vickram Bharrat; Senior Finance Minister, Dr. Ashni Singh; and Prime Minister Brigadier (Ret’d) Mark Phillips.

Pulitzer prize-winning author and renowned energy and economic expert, Daniel Yergin, will also be attending.

The conference also promises a series of thought-provoking panel discussions alongside enlightening presentations from oil companies and a special segment dedicated to youth engagement.

 

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Guyana hitting major milestones with solar power projects – GEA Head

May 20, 2024

By Kiana Wilburg, CEO of Guyana Energy Conference & Supply Chain Expo

Even as Guyanese authorities accelerate oil production offshore, strategic steps are being taken to diversify the nation’s energy mix. According to the Head of the Guyana Energy Agency (GEA), Dr. Mahender Sharma, Guyana is already hitting major milestones in replacing diesel with solar power through various projects country wide.

During his interview on the Energy Perspectives Podcast – powered by the Guyana Energy Conference and Supply Chain Expo – Dr. Sharma explained that the GEA, a semi-autonomous body, has been working with the government to implement an ambitious renewable energy programme.

In this regard, he highlighted the progress made on a project geared towards distributing 30,000 Solar Home Energy Systems to Hinterland and Riverine communities.

“We signed the contract for this project in November 2022We went through four iterations (of the design) to make those units rugged enough so that persons can install them as an almost do-it-yourself type of feature.

“We then moved this to manufacturing in India and then they packed forty 40 ft containers in 2023. In 2023 as well, we distributed more than 28,000 units…To date, 29,416 units have been distributed,” Dr Sharma explained.

The official said that the Solar Home Systems are outfitted with a 160-Watt panel, two lights, a fan, and an ability to charge mobile devices.

Complementary to this initiative, he said, is a project that entails the installation of mini-solar grids across the country. Dr. Sharma explained these solar mini grids are 35 to 50 kW systems.

Thus far, 31 solar mini grids have been installed, with 21 commissioned last year.

“The impact has been quite significant because there are schools, health centers, and community buildings that didn’t have electricity before…We saw a doctor in Orealla, for example, who was extremely grateful for having electricity at night… they were able to do things that they couldn’t do normally.”

Dr. Sharma was also pleased to share the impact of solar mini grids on schools, which can now provide televised teaching programmes from the Learning Channel.

“Students are now able to operate a computer, print documents, things we often take for granted on the coast…So we have seen significant impact,” Dr. Sharma shared.

He also disclosed the progress being made with the installation of solar farms which range from .6 to 1.5MW. In August 2022, the GEA commissioned its first mega scale solar farm at Lethem which carries 1MW and since its commissioning, Dr. Sharma said it has displaced more than 3,400 drums of diesel.

He noted also that a 1.5MW solar farm was installed at Bartica, displacing 2200 drums of diesel. Dr. Sharma said another solar farm is set for commissioning at Mahdia soon.

For the remainder of 2024, the solar power agenda includes a .75MW solar farm at Wakenaam, a .6 MW solar farm at Leguan, and a 1.2MW solar farm for the Mazaruni Prison. The GEA will also be working with the Guyana Water Incorporated (GWI) on solar installations totalling 1.2MW at eight water treatment plants. Additionally, 50 public and community buildings will be outfitted with solar panels.

Dr. Sharma said these efforts will no doubt build upon the milestones already achieved in just three short years. For 2020, he noted that the GEA had 5.35 megawatts of solar installed in the country and by the end of 2023, that went up to 14.62MW.

“Overall, I am personally very proud of what that means for us as a nation and I feel very proud to be part of that development for us,” Dr Sharma said.

CGX and Frontera set to spud Wei-1 and construction begins at deepwater port in Berbice

Nov 30, 2022

Canadian based CGX Energy along with Frontera Energy Corporation have indicated their readiness to spud (begin drilling) the Wei-1 well in the Corentyne block offshore Guyana.

The partners have issued a press release stating their commitment to drill the Wei-1 well and that final preparations are complete in advance of spudding the Wei-1 well.

The well will be spudded no later than January 31, 2023 utilising the NobleCorp Discoverer semi-submersible mobile drilling unit.

The Wei-1 well will be located approximately 14 kilometres northwest of the Kawa-1 exploration well in the Corentyne block, approximately 200 kilometres offshore from Georgetown, Guyana

To go alongside this activity, CGX intends to support the Government’s effort to accommodate increased vessel activity in Guyana. According to a statement from the partners, in-river construction activity has begun for a deepwater port at Berbice.

Work has already begun at the Berbice Deepwater Port (BDWP) on a 50 x 12 metre access trestle from the quayside yard westward into the Berbice river, together with the necessary dredging of the river.

Construction of the wharf, perpendicular to the trestle, will follow.

The cargo terminal aspects of the BDWP are targeted to commence in mid-2023 and operation of oil and gas support base in late-2023, subject to construction schedules and supply chains.

In collaboration with the Government of Guyana, CGX has shifted the immediate focus of the Port to service expected demand for aggregates and building materials to support the Government’s infrastructure development in Berbice which must be imported into the region from elsewhere in the country and offshore.

 

Photo credit: www.noblecorp.com

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