Wednesday, January 19, 2022

Exxon awarded for efforts to build economic capacity, protect environment in Guyana

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ExxonMobil has been recognised for its efforts to build local economic capacity, protect the environment and support communities in the new oil producing South American country of Guyana. The company received the World Petroleum Council Excellence Award (WPCEA) for Social Responsibility on Monday at the 23rd World Petroleum Congress.

The objective of the WPCEA is to distinguish companies, institutions or any public or private organisation engaged in the oil and gas industry for promoting or operating with high excellence standards.

ExxonMobil Guyana Community Relations Manager, Suzie De Abreu accepted the award on the company’s behalf at the iconic event held in Houston, Texas. She was accompanied by Community Relations Advisor Ryan Hoppie.

“We are pleased to be recognised for our work in building Guyanese capabilities to support oil and gas and the broader economy,” De Abreu indicated. “This work to accelerate local content and our social responsibilities started with economic and industrial baseline surveys and engagement with key stakeholders to identify priorities, leading to the establishment of the Centre for Local Business Development in 2017 before the final investment decision was made for Liza Phase 1 project.”

To date, more than 3,000 Guyanese companies have registered with the Centre and accessed training in several areas. Support for the Centre is now part of the Greater Guyana Initiative (GGI) which embodies the company’s commitment to long-term capacity building in Guyana. It is a 10-year pledge of GY$20 billion (US$100 million) by ExxonMobil Guyana and the other Stabroek Block co-venturers, Hess and CNOOC to advance their commitment to improve regional economic development, education and healthcare outcomes, and promote sustainable economic diversification in the country.

Additionally, GGI has to date engaged the Council for Technical and Vocational Education (CTVET) – providing curriculum and equipment support necessary to produce graduates for new and growing industrial settings. Exxon said it has also partnered with the University of Guyana in several areas including support for professors of practice, improved campus security, and setting up “Zoom Rooms” to enhance learning across the various campuses.

The ExxonMobil Foundation also made a GY$2 billion (US$10 million) commitment in 2018 to train Guyanese for sustainable job opportunities and expand community-supported conservation. ExxonMobil Guyana has also invested more than GY$2.5 billion in various programmes that are geared at advancing STEM education, empowering communities, women and youth and supporting environmental sustainability.

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