Dear Editor,
ExxonMobil’s success in Guyana continues to make waves, and now the company is preparing to resume exploration in Trinidad and Tobago’s ultra-deepwater fields after 22 years. The fact that Exxon is using Guyana’s rapid development as a reference point shows just how far our country has come in a short time.
The start of production at the ONE GUYANA FPSO in the Yellowtail development, the fourth project in the Stabroek Block, is a reminder of the progress being made offshore. This momentum is matched onshore, where about 2,000 local businesses have been engaged in the oil and gas supply chain, and over 1,600 training programmes have built capacity among Guyanese, who now account for more than 67% of the sector’s workforce. These achievements speak to ExxonMobil’s investment in Guyana’s growth and the opportunities being created for our people.
Trinidad and Tobago has long been a major player in the region’s energy sector. But even with its decades of experience, the speed of Guyana’s transformation in just five years offers useful lessons as Trinidad looks to accelerate its own exploration efforts.
Of course, the energy sector is never without challenges. But milestones like these show that with the right mix of policies, partnerships, and persistence, transformation is possible. Guyana is no longer a newcomer to the global oil and gas stage , it is now recognised as a reference point for development done right and at pace.
Sincerely,
Albert Thom
