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April 15, 2021
Business News

Exxon Mobil Engages Local Suppliers

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Exxon Mobil, one of the biggest multinational companies in Papua New Guinea, and the driver of the PNG LNG project, hosted a workshop last Friday to engage local businesses looking to work with the company.

The workshop, according to Exxon Mobil Managing Director, Andrew Barry, is a platform for which Small to Medium Enterprises can understand the complexities involved in working within the oil and gas sector as well as to learn the company’s expectations.

Exxon Mobil, like other global conglomerate, has standards that they have to meet and the contractors they bring on are urged to meet these standards as well.

The workshop discussed topics such as Compliance, Governance and Leadership and Safety, Health Environment and brought together experts from the finance sector who divulged their knowledge and skills with the local suppliers, discussing topics ranging from basic business principles to discussing ways businesses can overcome common challenges such as cash flow management issues and garnering startup capital.

Over the years, Exxon Mobil has partnered with multiple, small businesses, including land owner businesses, since the start of the PNG LNG project in efforts to engage and develop Papua New Guinean companies.

Workshops such as these are especially helpful for local suppliers to learn how to strive towards global standards.

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