ExxonMobil Guyana and its contractors have spent over GY$600 billion with Guyanese businesses since operations began in 2015, according to a statement issued this week.
The company said that in the first half of 2025, GYD87 billion was spent directly with 1,800 local vendors.
This year also marked a significant milestone with the start of 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.
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 said that one in three employees are Guyanese women, and 1,800 Guyanese are currently working offshore.
Guyana’s oil-and-gas employees benefited from receiving over 370,000 hours of leadership, technical and professional, health, safety, and security training.
“We are proud of the progress we’ve made in developing 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 company said.
With financial support from ExxonMobil Guyana, the Stabroek Block co-venturers, and the Government, the Guyana Technical Training College Inc. (GTTCI) is preparing to welcome the first cohort of students, to be fully trained locally, starting in October 2025 — a major achievement in technical education.
ExxonMobil Guyana’s internship program is also yielding results with five interns from its inaugural class hired by the company. (Check out our special edition here for a comprehensive overview of Guyana’s development since 2015)
