Exxon says it has spent over US$419M directly with local businesses in first half of 2025

Exxon says it has spent over US$419M directly with local businesses in first half of 2025

ExxonMobil Guyana, which recently moved into its new headquarters at Ogle, has announced that the company and its contractors have spent over US$2.9 Billion with Guyanese businesses since operations began in 2015, with US$419 million being spent in the first half of this year alone, directly with some 1,800 local vendors.

In a statement, ExxonMobil said the figures reinforce the company’s dedication to local content development through significant investments in local businesses, workforce training, and community-development initiatives.

The company said as of mid-2025, more than 6,200 Guyanese are employed by ExxonMobil Guyana and its contractors, making up 70% of the workforce.

The company also boasted that one in three employees are Guyanese women, and 1,800 Guyanese are currently working offshore.

“We are proud of the progress we’ve made in building local talent. 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,” ,” the release quoted Alistair Routledge, President of ExxonMobil Guyana saying.

According to the company, Guyana’s oil-and-gas employees have benefited from receiving over 370,000 hours of leadership, technical and professional, health, safety, and security training.

“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 program is currently underway, continuing to provide valuable career opportunities for young Guyanese professionals,” the company said.

Additionally, the company said this year also marked a significant milestone with the start of the in-country fabrication services at the Vreed-en-Hoop Shore Base Inc. (VEHSI), including the fabrication of quad joints and Pipeline End Terminations (PLETs), a major step in supporting the development of local industrial capabilities.

Further the company announced  that in collaboration with the Stabroek Block co-venturers, and the Government, it will be supporting the Guyana Technical Training College Inc. (GTTCI) which is preparing to welcome the first cohort of students, to be fully trained locally, starting in October 2025.

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