Oil major ExxonMobil Guyana says it has injected more than 80 billion Guyana dollars into the local economy since the government this week approved its 2023 plan and issued a certificate of compliance with its local content plan last year.
The 80 billion Guyanan dollars in investments are part of more than 180 billion Guyanan dollars spent since 2015.
“By the end of 2022, the company and its contractors had employed over 5,000 Guyanese workers, representing more than 65 percent of the total workforce in the local oil and gas industry.
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“It is noteworthy that the number of Guyanese working abroad continued to increase. Among the 2,700 employees dedicated to supporting ExxonMobil Guyana’s operations, over 1,300 were Guyanese, representing approximately 48 percent of the offshore workforce,” the company said in a statement.
The company announced in Plan 2023 that this year it plans to carry out projects and implement systems to encourage local content development.
“ExxonMobil Guyana’s evolving strategic plan for operational growth includes balancing meeting the needs of the company and developing Guyanese content in a phased approach,” the company said, adding, “It will be evaluated annually to ensure the objectives are achieved in a sustainable and systematic manner.”
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Alistair Routledge, President of ExxonMobil Guyana, said, “We believe that the true measure of our success lies not only in the casks we produce, but also in the positive impact we make on our employees and the communities in which we operate. achieve.”
“By prioritizing local talent, partnerships and investments, we aim to create a thriving and sustainable environment that benefits everyone,” he added.
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