Guyana-Canada Chamber signs MoU with Energy NL to accelerate business collaboration

A Memorandum of Understanding (MoU) has been inked between Newfoundland-based group Energy NL and the Guyana-Canada Chamber of Commerce (GCCC), where an exchange of expertise will foster increased business participation.
The signing was facilitated on Tuesday between Energy NL Chief Executive Officer (CEO) Charlene Johnson and GCCC Chairman Anand Beharry on the sidelines of the Guyana Energy Conference and Expo.

Newfoundland is an oil and gas producer and only last year, extracted over 70 million barrels of oil, while the Guyana-Canada Chamber was launched in 2020 to facilitate business to business collaboration between the two countries.
Johnson shared that Guyana’s oil sector has provided new opportunities and benefits to people, a process which she regarded as ‘transformative’.
“Guyana is in the midst of a financial renaissance which is altering the economy and improving the lives of Guyanese people. This is occurring rapidly, all while the global energy sector is changing just as rapidly. A changing economy can be a challenging economy. Everyone in it needs to act and react quickly,” Johnson recognised.
She added that the Guyana-Canadian Chamber of Commerce and Energy NL can collaborate and use their shared experiences and talent to mutually benefit each other.
“Our organisations are coming together to make most of the challenges, transformation and the opportunities. We can both take advantage of our shared experiences, our knowhow and our desire to succeed for the mutual benefit of our memberships. The opportunities in Guyana are inspiring. I’m thrilled to see it and experience it. I look forward to helping Energy NL and our members play a role in Guyana’s success,” Johnson said.
Meanwhile, Chairman of the GCCC, Anand Beharry explained that the MoU was months in the making. It will serve as a platform to better engage business interests on both sides.
He noted that the MoU will not only result in knowledge sharing and training, but also business to business partnerships. Already, business participation by Newfoundland companies is already evident in Guyana.
“Their experiences will benefit us in an incredible way. They have a level of knowledge, where we should go and how to avoid pitfalls that we could benefit from. One thing I’ve learned is the people of Newfoundland and Energy NL are really excited to ensure that we do not get to the pitfalls that they did,” Beharry explained. (G12)