(NEW YORK) Since officially joining the ranks of oil-producing nations less than a year ago, Guyana has moved rapidly to center stage in the international media spotlight. Recent offshore discoveries of some 8 billion barrels of proven, recoverable petroleum reserves have fueled the prospect of explosive GDP growth and previously unthinkable per capita income gains for the country’s 800,000 residents. This summer, ExxonMobil announced an 18th discovery of recoverable resources less than 10 miles away from its Liza Oilfield, which is already in production. From Bloomberg News and the Wall Street Journal to Forbes, Reuters, BBC World Service and The New York Times, Guyana’s oil boom is making global headlines.
But will Guyana be able to beat the odds by overcoming the dreaded “resource curse” that has bedeviled so many other similarly endowed developing nations? How might the country learn from the missteps made by others, and what are the regulatory and policy imperatives necessary to safeguard the long-term economic, environmental, social and political wellbeing of its people?
These are among the core questions to be explored by an international panel of experts on Saturday, May 29th, 2021, when the Queens College of Guyana Alumni Association, New York (QCAANY) convenes a public symposium in Queens, New York under the theme, Navigating the Opportunities and Imperatives in Guyana’s Oil and Gas Economy. The two-hour event will be held at the Jamaica Performing Arts Center (JPAC), located at 153-10 Jamaica Avenue in Queens, NY, and will be free and open to the public. Participating experts will include:
Dennis A. Pieters, Ph.D. – International Reservoir Engineering Consultant, professor and author. Pieters obtained his Ph.D. in Petroleum Engineering from the Colorado School of Mines and is also a Queens College alumnus. He currently serves as a Director of Mid-Atlantic Oil & Gas Inc., in Georgetown, Guyana.
Edwin M. Callender, Esq. – Texas-based attorney and international energy consultant with more than 25 years’ experience in the areas of Oil & Gas law, energy economics, risk analysis, commercial energy transactions and business strategy. In addition to his legal qualifications and expertise, Mr. Callender holds graduate degrees in Chemical Engineering, Business Administration and Finance. He is an alumnus of the Bishop’s High School in Guyana.
Jacqueline E. Khoury – International Oil and Gas consultant with 20 years’ experience in the field; former adviser to the government of Liberia; member of the Chatham House and Commonwealth Secretariat delegation that reviewed Guyana’s regulatory and legal architecture for the oil and gas sector.
The Symposium will include a moderated discussion with audience members. For information on tickets and sponsorship opportunities, please visit our website at https://qcguyanaalumny.org/.
Media Contact: John Campbell – President, QCAANY – Email address & Phone Number