Although the University of Guyana (UG) has started preparing to cater to nurturing skills for the oil and gas sector with its planned opening of a Department of Petroleum and Geological Engineering next January, Vice-Chancellor Ivelaw Griffith says it is only a small part of the comprehensive plans he has for the institution.

“The business of oil and gas is not limited to technology. Coming into the industry, we are going to need people with the education skills and expertise in many areas,” he said.

With Guyana an emerging oil and gas country and with several agreements signed with companies, the primary focus now should be on establishing a sound legal and regulatory framework. 

 “One of the first things you need is that your legal framework must be in place,” University of the West Indies Professor Emeritus of Mechanical Engineering, Clement Imbert, last Thursday evening told a University of Guyana oil and gas forum.

VISITING President of the University of Trinidad and Tobago, Professor Sarim Al-Zubaidy has told the University of Guyana’s 5th Conversation on Law and Society that investing oil revenues into education would help fuel further economic growth.

Guyana has been receiving seismic data and verifying the amount of oil being discovered and the wells that are not commercially viable, the Commissioner of the Guyana Geology and Mines Commissioner, Newell Dennison said.

Visiting President of the University of Trinidad and Tobago, Professor Sarim Al-Zubaidy has told the University of Guyana’s 5th Conversation on Law and Society that investing oil revenues into education would help fuel further economic growth.