More Than 20 Companies Competing for Guyana's Oil Marketing Contract

Tuesday, October 17, 2023

More than 20 companies including Exxon Mobil, a unit of Saudi Aramco, BP and Shell have submitted bids to compete for a contract to market Guyana's share of oil production, the government said on Tuesday.

The 12-month contract, which allows the country to export its portion of crude produced offshore by a consortium led by Exxon, had in previous years been awarded to Shell, a unit of Saudi Aramco and BP.

A short list from the wide pool of bidders is expected to be done soon by Guyana's National Procurement and Tender Administration Board.


(Reuters - Reporting by Kiana Wilburg, writing by Marianna Parraga)

Categories: Energy Deepwater Activity Oil South America

Related Stories

Petrobras Signs Contracts with Perenco for Sale of Two Campos Basin Fields

Petrobras Sells Two Mothballed Campos Basin Fields to Perenco

Chartwell Marine Grows CTV Build Pipeline for Offshore Wind Market

Current News

Esgian Week 17 Report: New Contracts for the North Sea

Unique Group Celebrates 30 Years of Innovation

Talos Energy Makes Leadership Team Changes

SOVs – Analyzing Current, Future Demand Drivers

Subscribe for OE Digital E‑News