More than 20 companies including Exxon competing for Guyana's oil marketing contract - Reuters
More than 20 companies including Exxon competing for Guyana's oil marketing contract | Reuters
More than 20 companies including Exxon competing for Guyana's oil marketing contract
ExxonMobil logo is seen in this illustration taken, October 6, 2023. REUTERS/Dado Ruvic/Illustration/File photo Acquire Licensing Rights
- Companies
GEORGETOWN, Oct 17 (Reuters) - More than 20 companies including Exxon Mobil (XOM.N), a unit of Saudi Aramco, BP (BP.L) and Shell (SHEL.L) 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 (SHEL.L), 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.
Reporting by Kiana Wilburg, writing by Marianna Parraga
Our Standards: The Thomson Reuters Trust Principles.
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