North-east business leaders will explore the “wealth of new business opportunities” available in Guyana during an industry event next month.
Aberdeen & Grampian Chamber of Commerce is partnering up with its equivalent in Georgetown to host a free online international market briefing highlighting the need for businesses in Scotland to develop partnerships with indigenous companies.
The session will include insights from a range of speakers including Greg Quinn, British High Commissioner to Guyana, Nicholas Deygoo, president of Georgetown Chamber of Commerce and Sherwyn Naughton, country director at the Department for International Trade.
Guyana is in the world’s top 20 oil reserves and the second highest in terms of potential among unexplored basins.
The 6.6m acre Stabroek Block off the coast off the South American country, which recently underwent a controversial and contested election, is also the largest crude discovery of recent years.
It’s claimed the opportunity for businesses in Scotland is heightened as Guyana’s domestic companies do not have the ability, skills or infrastructure available to provide the necessary services that are required.
In addition to providing equipment, services and manufacturing abilities, training programs to increase the capacity of firms to provide these services are also likely to be highly successful.
Taking place on September 10, the online briefing will allow for questions to be submitted in advance as well as raised during the session. There will also be an opportunity to apply to join B2B meetings with prospective new partners as part of a virtual trade mission to Guyana later in the month.
Earlier this month, dozens of oil and gas representatives met virtually to discuss what Aberdeen could do to help Guyana make the most of its huge oil reserves.
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