ExxonMobil Guyana President Alistair Routledge has highlighted the role of the Government of Guyana in facilitating the rapid development of the country’s oil and gas sector, pointing to collaboration, regulatory oversight and timely decision-making as key elements of the process.
Routledge made the remarks during an appearance on the Energy Perspectives podcast, where he discussed Guyana’s transformation from an emerging offshore exploration market into a major oil-producing nation.
According to him, the development of Guyana’s petroleum sector has depended on collaboration among ExxonMobil, international contractors, local businesses and the Government.
“Then of course it also takes collaboration from the government ensuring the regulatory framework is there, that it’s being administered effectively, that timely decisions are being made and taken,” Routledge said.
He added that the Government and industry have worked together to address challenges as they arise.
“And that when there are issues to be resolved that we get round the table, we find solutions,” he said.
Routledge described this collaboration as part of an ecosystem that has helped Guyana achieve what he called remarkable growth in a relatively short period.
He said, “It’s that whole ecosystem of having a shared vision in a country and then us all pulling in the same direction that’s been critical to the success.”
He noted that Guyana’s first oil discovery was made in 2015, followed by first oil in 2019.
He said production was approaching 900,000 barrels per day in 2026 and that ExxonMobil anticipated production exceeding one million barrels per day by the end of the year.
Routledge also spoke about ExxonMobil’s work with the Government on the development of local businesses.
He said the company had moved beyond supporting businesses in relatively simple opportunities and was working with the Ministry of Natural Resources to build their capabilities.
According to Routledge, local companies have made major investments in infrastructure and workforces, while some have entered into joint ventures with international companies.
He further said ExxonMobil’s role as Guyana’s energy partner extends beyond the production of oil and gas, with the company also focused on developing people, supporting local businesses and protecting the environment.
Routledge said the Government’s efforts in areas such as infrastructure, education and healthcare would be important to ensuring that Guyana’s development produces lasting benefits.
Reflecting on the country’s progress, he said much had already been achieved but stressed that Guyana’s development journey was ongoing.
“The journey is underway but we haven’t reached a destination,” Routledge said. “But we’re on a good path.”
