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

CAPE Holland, GBM Works Sign MoU to Commercialize Vibrojet

CAPE Holland, GBM Works Sign M

81m Acres Opened in Gulf of America Lease Sale

81m Acres Opened in Gulf of Am

Vietnam Mulls Second LNG Term Contract After Deal with Shell

Vietnam Mulls Second LNG Term

He Dreiht Offshore Wind Farm: Final Turbine Installed

He Dreiht Offshore Wind Farm:

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine