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

Published

© atdr / Adobe Stock
© atdr / Adobe Stock

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)

Current News

Industry Responds Positively to US Offshore Lease Proposal

Industry Responds Positively t

Denmark Launches 2.8 GW Wind Power Tenders

Denmark Launches 2.8 GW Wind P

Norway Misses Production Forecast as October Output Slips

Norway Misses Production Forec

Fugro Concludes Surveys for Adriatic Sea Offshore Wind Farm

Fugro Concludes Surveys for Ad

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine