- local scientific institute, logistics base also on the cards

Natural Resources Minister Raphael Trotman has disclosed three key objectives which the Government of Guyana will be pursuing in 2018 to consolidate its capacity to effectively service a modern oil and gas industry including a national oil company which will be charged with responsibility for overseeing the country’s commercial interest in the sector.

Today, the University of Guyana began consultations on identifying and meeting demands for engineering and operations management skills in the oil and gas industry.

The one-day symposium was held at the Marriott Hotel, Georgetown. Minister of Natural Resources, Raphael Trotman, in commending the university for its resourcefulness, noted that this stakeholder engagement advances the local content narrative.

Minister of Natural Resources Raphael Trotman Friday outlined a series of initiatives the government is currently engaged in to create an enabling environment for the oil and gas industry to thrive and for the nation to “flourish.”

“This new sector will provide increased revenue for the country whilst offering significant opportunities for the development of our businesses and talents.

“To say that it will be transformative will be to understate its impact,” Trotman said at a symposium organised by the University of Guyana’s Faculty of Technology.

One of the most significant single grants to The University of Guyana, negotiated over the last 11 months with the Guyana Geology and Mines Commission (GGMC). The UG team included Deputy Vice-Chancellor Paloma Mohamed and Dean of the Faculty of Technology Elena Trim.

The GGMC is a long standing partner of The University of Guyana’s Faculty of Technology and more particularly, the Geology department to which the GGMC has granted significant sums in the past; and the Faculty for Earth and Environmental Sciences.

The Guyana Geology and Mines Com-mission (GGMC) through the Ministry of Natural Resources has awarded a grant for a total of $100 million to the University of Guyana (UG) for the Faculty of Technology, supporting programmes, research and scholarships.

Minister of Natural Resources Raphael Trotman, who engineered the grant, and UG Vice-Chancellor Prof. Ivelaw Griffith signed the Memorandum of Understanding (MoU) for the grant, described as one of the biggest the university has received, at the latter’s office yesterday.

The Ministry of Natural Resources, the Geology and Mines Commission (GGMC) and the University of Guyana (UG) have signed a Memorandum of Understanding (MOU) for a $100 million philanthropic education grant for the year 2017-2018. The grant will provide the University of Guyana’s, Faculty of Technology with much-needed equipment for its geology labs, curriculum development, training, outreach, and field research, all linked to the emerging oil and gas sector.

The Ministry of Natural Resources, the Geology and Mines Commission (GGMC) and the University of Guyana (UG) signed a Memorandum of Understanding (MOU) for $100 million philanthropic education grant for the year 2017-2018.

The grant will provide the University of Guyana’s Faculty of Technology with much-needed equipment for its geology labs, curriculum development, training, outreach, and field research, all linked to the emerging oil and gas sector. It also provides specific allocations for all other faculties for student-centered enhancements at the university.