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ExxonMobil Guyana spent G$87B in first half of 2025 on local content
Alistair Routledge, President of ExxonMobil Guyana
Kaieteur News – ExxonMobil Guyana, on Wednesday, said that it has spent G$87B during the first half of 2025 on local content.
In a statement, the oil giant said that the money was spent directly with 1800 local vendors. The company also reminded that 70% of the oil and gas workforce is represented by Guyanese nationals.
“ExxonMobil Guyana and its contractors have spent over US$2.9 billion with Guyanese businesses since operations began in 2015. In the first half of 2025 alone, US$419 million was spent directly with 1,800 local vendors, reinforcing the company’s dedication to local content development through significant investments in local businesses, workforce training, and community-development initiatives,” the company said.
Exxon described 2025 as a significant year that marks the momentous milestone of in-country fabrication services at the Vreed-en-Hoop Shore Base Inc. (VEHSI) noting that the fabrication of quad joints and Pipeline End Terminations (PLETs) represent a major step in supporting the development of local industrial capabilities.
“As of mid-2025, more than 6,200 Guyanese are employed by ExxonMobil Guyana and its contractors, making up 70% of the workforce. Notably, one in three employees are Guyanese women, and 1,800 Guyanese are currently working offshore,” Exxon added.
The company boasted that the country’s oil and gas employees have benefitted from receiving over 370,000 hours of leadership, in several areas including technical and professional, health, safety, and security training.
“We are proud of the progress we’ve made in building local talent,” said Alistair Routledge, President of ExxonMobil Guyana. “Seeing more Guyanese take on key roles in the oil-and-gas industry is a clear sign that our commitment to capacity building is working,” Routledge said.
Additionally, the Guyana Technical Training College Inc. (GTTCI) having received financial help from ExxonMobil Guyana, the Stabroek Block co-venturers, and the Government, is preparing to welcome its first cohort of students, who will be fully trained in Guyana next month.
“ExxonMobil Guyana’s internship programme is also yielding results. Of the inaugural class, five interns have already been hired by the company. The 2025 internship programme is currently underway, continuing to provide valuable career opportunities for young Guyanese professionals,” Exxon said.
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