Latest update February 11th, 2025 2:15 PM
Latest News
- Govt. makes move to cancel CGX, Frontera Corentyne block license in 30 days
- ExxonMobil paying taxes in Bahamas but not a cent to Guyana
- Canadian company completes airstrip, roads to kick off 5.4M ounce gold project in Guyana
- Hamas threatens to postpone next hostage release, claiming Israel has broken terms of ceasefire deal
- Twelve-year-old girl missing for three weeks
Mexican institute to help Guyana develop petroleum regulatory agency
A team of experts from the Mexican Petroleum Institute (IMP) is in Guyana to initiate discussions for the provision of technical support in developing Guyana’s emerging oil and gas sector.
Minister Raphael Trotman and his team meeting with the Mexican delegation.
The team which comprises Deputy Director General, Rafael Ramos Palmeros; Senior Advisor to the Director General, Gustavo Oficial Ramirez; Head of Innovation, Zurisadday Enrique Plata Calderon; and Manager, Israel Alejandro Vigueras Gamas; are being hosted for three days.
The visit represents collaboration with the Mexican Embassy and will involve a technical team from the Ministry of Natural Resources.
“The partnership will see Guyana receiving technical support in the development of a Petroleum Regulatory Agency and Institute, and tertiary and technical education and training in the mining, oil and gas and environment sectors,” the ministry explained.
The team met with Prime Minister, Moses Nagamootoo; Minister of Natural Resources, Raphael Trotman, and officers of the Ministry of Natural Resources.
During the meeting with Minister Trotman the team expanded on the work of the IMP and detailed a proposal for providing support emphasizing a proposal for country ownership and developing an authentically Guyanese model.
The Ministry said that Trotman expressed his gratitude for the presence of the team noting Guyana’s willingness to work with a country that has a long history in the oil and gas sector. Whilst here, the team of experts will also meet with Minister of Education, Dr. Rupert Roopnaraine; heads of agencies under the purview of the Ministry of Natural Resources; Dr. Ivelaw Griffith, Vice Chancellor; and representatives from the University of Guyana’s School of Earth and Environmental Sciences.
On its return, the team will develop three white papers for consideration by the Guyana government in the areas of production and consumption; framework for a regulatory agency; and the development of elements for the establishment of Petroleum Institute.
According to the ministry, the Mexican Petroleum Institute (IMP) has over 50 years of experience in Mexico’s petroleum industry and is the country’s leading research centre dedicated to technological research and development, provision of engineering and technical services, training, and awarding degrees, and participating in strategic and technological joint ventures.
US-owned ExxonMobil discovered oil in its offshore concessions last year, with the new Government moving rapidly to introduce mechanisms that will address environmental, and transparency measures to ensure that the country is protected and will be able to capitalize on the proceeds.
Similar Articles
2 thoughts on “Mexican institute to help Guyana develop petroleum regulatory agency”
THE BLUNT OF THE DAY
Sports
Features/Columnists
Are we better off today than we were before first oil?
Peeping Tom… Kaieteur News-If you had asked me ten years ago what I wanted for Guyana, I would have said a few things:... more
OAS Secretary General Election and renewed OAS Consensus
Antiguan Barbudan Ambassador to the United States, Sir Ronald Sanders By Sir Ronald Sanders Kaieteur News- The upcoming election... more
Weekend Cartoon
With the PPP was Colombians, Brazilians, Chinese, now with the CHANGE, it’s the Mexicans…
this petro ‘change’ will return to bite them…