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

Global Offshore Wind Capacity Expected to Quadruple by End of 2035

Global Offshore Wind Capacity

Al-Designed CTV Saves 100,000 Liters of Fuel, 258 Tons of CO2 a Year

Al-Designed CTV Saves 100,000

BP Merges Businesses Into Upstream and Downstream Divisions

BP Merges Businesses Into Upst

Liebherr to Supply Six Offshore Cranes for TenneT’s Wind Grid Projects

Liebherr to Supply Six Offshor

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine