From February 18 to 21, EGA Master will take part in a trade mission to Guyana, organized by Fluidex, coinciding with the prestigious Guyana Energy Conference. This annual event brings together industry leaders, policymakers, and key stakeholders to discuss the latest developments, challenges, and opportunities in the energy and supply chain sectors.

In recent years, Guyana has emerged as a key player in the oil and gas industry. Since the discovery of major oil reserves in 2015, the country has experienced unprecedented economic growth, with production reaching approximately 660,000 barrels per day in 2024, and projections to increase to 1.3 million barrels per day by 2027.

This oil boom has also driven the development of infrastructure and energy projects in Guyana. Recently, the U.S. Export-Import Bank (Ex-Im Bank) approved a $526 million loan for an energy project aimed at doubling the country’s power generation capacity while reducing oil imports. The project, which will use gas-fired turbines, also seeks to cut carbon dioxide emissions by over 460,000 tons per year.

EGA Master’s participation in this trade mission reinforces its commitment to innovation and collaboration in emerging markets, providing cutting-edge tools and equipment solutions for industrial and energy sectors.