The Honourable Andrew Parsons, Minister for Industry, Energy and Technology, today announced a contribution of $149,250 over two years to Energy NL for international market development support in Guyana and Suriname.
This investment will allow Energy NL and the Provincial Government to build on work started in 2017, and to explore supply chain opportunities in a variety of sectors, including energy, clean technology, digitization, infrastructure, ocean technology, and many others. Through this initiative, Energy NL will support companies in a range of business development activities, including strategic planning, opportunity identification and participation in conferences and trade missions.
From February 14 to 17, 2023, the International Energy Conference and Expo is taking place in Guyana. Several Newfoundland and Labrador businesses/institutions are travelling to participate with the delegation, connecting at this premier annual meeting to facilitate the exchange of ideas, propositions, and plans for advances in the energy sector. The Provincial Government is contributing $21,000 in combined support for eight of these companies/institutions to attend the event, to explore business development opportunities.
Academy Canada, Axess Baffin, Enaimco, Hatch Ltd., Lagreeco Inc, NetBenefit Software, OPAS Mobile, radient360 Solutions and Source Atlantic are joining innovative companies from around the world at this year’s event in Guyana. Other participants from the province attending the conference include Atlantic XL and Blue Water Group.
In 2018, the Government of Newfoundland and Labrador and the Government of the Cooperative Republic of Guyana entered into a Memorandum of Understanding to further their respective oil and gas industries.
Quotes
“This project is a testament to our government’s commitment to encouraging and enabling the export of provincial goods and services in the international marketplace and creating strong growth environments for our businesses. I take extra pride in knowing that our firms are out there helping to transform a nation and better the lives of others, while simultaneously bringing back strong revenues for our local economy. There is truly an immense growth potential in this project.”
Honourable Andrew Parsons
Minister of Industry, Energy and Technology
“Guyana has very quickly become an important energy market for Energy NL members to share their expertise, seek new opportunities, and establish joint venture collaborations. The International Energy Conference and Expo is another opportunity for Energy NL members to strengthen ties with Guyanese companies and partake in the rapidly growing offshore sector and supply chain. I look forward to our continued collaboration and success as a result of this mission.”
Charlene Johnson
CEO of Energy NL
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