During the course of its participation in the May 6th-9th Offshore Technology Conference (OTC) currently in Houston, Texas, the Georgetown Chamber of Commerce and Industry (GCCI) sought to broaden its knowledge of the sector by engaging representatives of the various organizations with a significant interest in the oil and gas industry which were also represented at the forum. One such entity was MODEC, one of the world’s leading providers of floating production solutions for the oil and gas sector.
Guyana’s broadening of its knowledge base in the oil and gas sector, having now become a necessary pursuit, now extends to the local private sector benefitting from exposure to those dimensions of the sector that are critical to its overall operations. Headquartered in Tokyo, MODEC is a leading provider of Floating, Production, Storage and Offloading (FPSO’s) that can transfer oil and gas from one storage facility to another for further transportation to refining locations. The growth of Guyana’s credentials as a globally relevant oil and gas producer raises the necessity for selective local entities, in both the public and private sector, to broaden the base of knowledge regarding some of the critical operating aspects of the oil and gas sector.
Contextually, the recently staged Off-shore Technology Conference in Houston, Texas afforded the opportunity for the local private sector, the Georgetown Chamber of Commerce delegation, to continually extend its understanding of the critical operating aspects of the sector. The Georgetown Chamber of Commerce and Industry is on record as having embraced its broader role in leaving its footprint on the local business sector against the backdrop of the emergence of the oil and gas industry.
