― Panelists at Local Content Summit emphasize need to expand oil-
industry skills
At the Local Content Summit (Guyana) on April 16, 2024, leading oil and gas companies ExxonMobil Guyana, SBM Offshore, and Schlumberger (SLB) underscored that training is crucial in advancing
Guyana’s oil and gas industry. Moderated by Mr. Chris Chapwanya, Chief Executive Officer of OilNOW, the panel discussed the theme “Creating Value. Driving Economic Expansion” and highlighted how local content legislation has revolutionized the industry, fostering a thriving environment for local talent and businesses to excel in a dynamic market. Mr. Phil Reitema, Vice President and Senior Business Manager at ExxonMobil, emphasized how local content has been integral to their operations.
“Local content is part of the DNA of our company,” he said. Since arriving in Guyana in 1999, ExxonMobil has been committed to building capacity and investing in the local community. Reitema proudly highlighted that today, more than 6,000 Guyanese are working in the oil and gas industry, with nearly 70% of the industry’s workforce being local. “It’s really remarkable,” he added. “We knew right away we were going to be here for decades, and we needed to partner with the Government and people in business in Guyana.” Ms. Sharlene Seegolam, Country Manager at SLB, noted the critical role of developing a local supplier ecosystem. “The policy aligns heavily with our beliefs in diversity and inclusion,” she said. Seegolam stressed that diversity drives better business results and is essential in emerging regions like Guyana. Mr. Martin Cheong, Country General Manager at SBM Offshore Guyana, echoed the sentiments of his colleagues. As a Guyanese himself, Cheong underscored SBM Offshore Guyana’s commitment to local content, noting that 98% of SBM’s leadership in the country is Guyanese.
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