ExxonMobil spent K2.3bil on production work locally

EXXONMOBIL spent K2.3 billion on Papua New Guinean services and landowner companies for production-related activities last year and more than K44 million on community investment programmes.
This was revealed in the PNG LNG operator’s environmental and social reeport released recently outlining production and project activities for the past year.
The report said community investment activities ranged from classroom and health centre infrastructure upgrades, to livelihoods improvement projects and conservation scholarships.
It said the first royalty payments of over K15 million were paid by the Government to 90 landowner clan accounts in the LNG plant site area as part of the umbrella sharing agreement between the State and the landowners.
Furthermore, ExxonMobil operations continued to safely perform at exceptional levels of reliability with facilities operating at 20 per cent above the original design capacity in 2017, it said.
Safety continued to be paramount with over 10 million work hours carried out at the LNG plant without a lost-time incident since the start of production.
Managing director Andrew Barry attributed the strong results achieved to the collective support and hard work of the ExxonMobil workforce, co-venturers, suppliers, communities, landowners and the Government.
“Our team continues to deliver industry-leading production reliability while building the capacity of Papua New Guinea through programmes and partnerships that focus on education, health, community infrastructure and the environment,” he said.