Ghana investors interested in Guyana’s oil industry

Minister of State, Joseph Harmon was paid a courtesy call by an investment company based in Ghana.

The team comprised J Kofi Bucknor, Richelle Case, Emman Samson, and Sudeep Mondal of JKB Oil Ventures Limited.
The delegation was accompanied by Mark B Duncan of EnerMech Mechanical Services Incorporated, the oil company’s consultant. The brief meeting took place in the Minister of State’s Office, Ministry of the Presidency.
During the discussions, Minister Harmon said that the Government was on the verge of improving the quality of life for citizens in Guyana and informed the visiting delegation of President David Granger’s vision to ensure that Guyana’s oil wealth benefitted not only Guyanese but the wider Caribbean Region as well.
“Guyana is a land of great potential … but that potential [was] never realised. Now we are on the cusp of realising that potential… to provide a good quality of life to our people,” he said.
Bucknor noted that “there are two areas that are of our interest: services for the oil and gas companies buttressed by robust training initiatives and also the infrastructure that needs to be developed around the oil and gas sector. We believe that it is very important to … spearhead an initiative to build a port facility on shore to service the industry on shore, so that we can capture a lot of the revenues and a lot of the training opportunities in country,” he said.
Following the initial 2015 oil find, Guyana has become a hotspot for foreign investors.