22 C
Georgetown
Saturday, April 17, 2021

ExxonMobil says it is eager to partner with Guyanese businesses

Must Read

T&T Energy Minister Franklin Khan passes away

Trinidad and Tobago’s Energy Minister Franklin Khan has died. Loop News said in an article on Saturday morning that...

Guyana must accept it has crucial skills shortage for oil sector; temper local content expectations – Greenidge

The reality facing Guyana, the world’s most envied deepwater exploration hotspot, is that it suffers from a crucial shortage...

Schlumberger one step closer to setting up US$750,000 storage, calibration facility in Guyana

Oilfield Services Company Schlumberger is one step closer to setting up a source storage and calibration facility in Guyana...
OilNOW
OilNow is an online-based Information and Resource Centre which serves to complement the work of all stakeholders in the oil and gas sector in Guyana.

ExxonMobil announced today the establishment of the Centre for Local Business Development in Georgetown, Guyana, and signaled its commitment to work with the country’s business community.

The centre will assist small and medium-sized Guyanese businesses with building their capacity and improving their competitiveness in a range of sectors that serve the oil and gas and other industries.

ExxonMobil’s Country Manager in Guyana, Rod Henson, said the US supermajor is eager to partner with Guyanese businesses in the oil and gas industry, and the newly established centre will provide an avenue for realizing this. “The Centre for Local Business Development is an investment in the people of Guyana and the future of the country. ExxonMobil is proud to assist in the design and implementation of this important resource. The centre will play a key role in furthering the capabilities of local businesses with which we are eager to partner.”

The centre will focus primarily on developing local venders that serve key sectors of the oil and gas industry, including areas such as safety equipment, marine operations, offshore supply and civil construction. It will also provide mentoring, coaching and access to financial support.

“Local suppliers are important to the success of ExxonMobil’s operations,” Henson said, adding, “Through the centre, we hope to strengthen the capabilities of these local companies, as well as improve the competitiveness of Guyana’s industrial base.”

The centre will be a reliable resource for information on safety, technical standards, procurement opportunities and project-specific information. ExxonMobil, its contractors, the broader oil and gas industry, and the government will be able to utilize the centre for sourcing local vendors and services.

ExxonMobil is collaborating with DAI Global, LLC in the establishment of the centre, which will officially open its doors in July.

Patrick Henry, DAI Representative

DAI specializes in local content and socio-economic development globally. Speaking at a meeting in Georgetown in April, DAI Representative Patrick Henry said the company has put together a team to work on this project, which includes a number of Guyanese entities such as the Institute of Private Enterprise Development Ltd. (Guyana), BrainStreet Group and EMPRETEC Guyana. “We have already built a team of Guyanese businesses that we’re gonna start working with,” he pointed out.

The Centre for Local Business Development will start with analytics to identify the gaps that firms need to get into, both for the Exxon supply chain and other related industries. “We are going to take that and deliver specific training to groups and companies specifically, that need this to access the supply chain,” he said.

Finishing touches being put on ExxonMobil’s new Centre for Local Business Development

ExxonMobil plans to work with DAI Global over a three-year period to transition the centre to Guyanese management.

The Centre for Local Business Development will be housed at the Institute of Private Enterprise Development Limited’s, South Road, Georgetown office.

- Advertisement -
- Advertisement -

OilNOW TV

Latest News

T&T Energy Minister Franklin Khan passes away

Trinidad and Tobago’s Energy Minister Franklin Khan has died. Loop News said in an article on Saturday morning that...

Guyana must accept it has crucial skills shortage for oil sector; temper local content expectations – Greenidge

The reality facing Guyana, the world’s most envied deepwater exploration hotspot, is that it suffers from a crucial shortage of skills required for the...

Schlumberger one step closer to setting up US$750,000 storage, calibration facility in Guyana

Oilfield Services Company Schlumberger is one step closer to setting up a source storage and calibration facility in Guyana to support the offshore exploration...

Frontera loans CGX US$19M to cover costs for Guyana projects

Frontera Energy Corporation has disclosed that it loaned its joint venture partner, CGX Energy Inc., US$19 million so that it would be able to...

Drilling company operating offshore Guyana completes major acquisition

Noble Corporation announced Friday the completion of its acquisition of Pacific Drilling Company LLC, effective on April 15, 2021. Noble said Pacific Drilling's high specification...

More Articles Like This