CNOOC Petroleum Guyana Limited (CPGL) which holds a 25 percent working interest in the Stabroek Block will be funding 18 scholarships for Professional Executive Energy Training at the University of Guyana’s Institute for Energy Diplomacy (UGIED).
The 18 scholarships to be coordinated by the Institute of Energy Diplomacy, will enable individuals from remote areas of Guyana to undertake upskilling in Energy Economics, Finance, Management, and Law.
Guyana Standard understands that nine of the eighteen scholarships are being awarded to applicants from the Amerindian tribes and areas outside of the Georgetown area. The move is said to be in keeping with a fundamental aim of CNOOC International’s Corporate Social Responsibility policy to support the education, training, and development of Indigenous communities locally and internationally.
This initiative is also said to be part of UGIED’s aim to deliver energy upskilling in line with local content requirements and CPGL’s long-term commitment to help develop the technical capacity of Guyana and its people.
The grant was presented by the President of CNOOC Mr. Liu Xiaoxiang at the company’s Georgetown office and received by Founding Director, UGIED Mr. Alex Armogan; UG’s Vice-Chancellor, XI. Prof. Paloma Mohamed Martin; and Director of UG’s Berbice Campus, Prof.Subramanian Gomalthinayagam.
UG’s Vice-Chancellor XI, Mohamed Martin in expressing appreciation to CNOOC underscored “the great significance the University attaches to international and partner support in helping the national University meet its enormous mandate of rapidly supporting the creation of the talent needed to fulfill local content mandates”. This kind of support she said not only supports the national thrust but allows more of the people to get involved more quickly so that they can begin to benefit from the industry.
As for Alex Armogan, the Founding Director of UGIED, he underscored the importance of establishing a long-term, sustainable relationship between CPGL and UGIED to educate and prepare local students for jobs in the nation’s oil and gas industry.
The Institute for Energy Diplomacy had launched its Professional Executive Training in June 2021 and currently offers courses in Oil and Gas Value Chain, Energy Markets, Crude Oil Trading, and Energy Transport and Shipping. UGIED’s portfolio of courses is expected to expand with additions in Oil and Gas Project Planning and Management, Energy Project Investment and Finance, and Oil and Gas Contract Law and Negotiations, among others.
The University’s Energy Executive courses are 100% online and are taught over two weeks by internationally respected experts and academics.