The Ministry of Natural Resources on Wednesday approved the five-year local content plan for Esso Exploration and Production Guyana Limited (EEPGL) which is the operator of the oil rich Stabroek Block offshore.
EEPGL is a subsidiary of ExxonMobil. Speaking at the event on behalf of ExxonMobil Guyana, its President Alistair Routledge said: “The resource we are producing belongs to the people of Guyana and we are committed to ensuring that they benefit from it. Today’s event was another step in that direction since we believe that growing local content across the oil and gas sector can increase social and economic benefits for Guyanese in the short and long term.”
A release yesterday from the Ministry of Natural Resources said that five-year Master Plans were also approved for Saipem Guyana Inc. and Gulf Engineering Services Guyana Limited (GESGI).