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GCCI’s Executive Director moderates panel discussion at Offshore Technology Conference 2022

GCCI’s Executive Director moderates panel discussion at Offshore Technology Conference 2022

Representing Guyana as the Moderator for the “Around the World” Panel at the Offshore Technology Conference (OTC) 2022 was the Executive Director of the Georgetown Chamber of Commerce and Industry (GCCI), Mr. Richard Rambarran.

Mr. Rambarran led the panel that focused on the topic, “Promoting Investment for Guyana’s Petroleum Sector Through Beneficial Local Content Goals: Maximizing Business Opportunities and Profitability.” The panel featured approximately seven speakers, including the Minister of Natural Resources, Hon. Vickram Bharrat, M.P; Senior Petroleum Coordinator | Petroleum Management Programme, Mr. Gopnauth Bobby Gossai, Jr; Director of the Local Content Secretariat, Mr. Martin Pertab; President of ExxonMobil Guyana, Mr. Alistair Routledge; Managing Director of Environmental Management Consultants, Mr. Shyam Nokta; Director for NRG Holdings Inc, Mr. Nicholas Deygoo-Boyer; and Minister Counselor/ Deputy Ambassador of Embassy of Guyana, Mr. Zulfikar Ally.

It was noted that with the enactment of Guyana’s Local Content Law, the country is ensuring that local businesses benefit from the opportunities that are developing from the petroleum economy. Further to that, it was stated that this is being done through the establishment of institutions and regulatory frameworks and, with all of this development, the Guyanese economy is the optimal destination for beneficial investments in the oil and gas supply chain for Latin America and Caribbean Region.

Mr. Rambarran is part of the Guyanese delegation at the OTC and is representing the GCCI and its 24 member companies, who are present at the conference.