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Home Business

Govt shortlists 19 companies after a “detailed check” to propose selling Guyana’s oil

Denis Chabrol by Denis Chabrol
Friday, 26 June 2020, 15:30
in Business, News
0 0
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First Lady commissions ExxonMobil’s first FPSO for Guyana

The Floating Production, Storage and Offloading (FPSO) vessel, Liza Destiny.

Last Updated on Friday, 26 June 2020, 15:32 by Denis Chabrol

The Ministry of the Presidency’s Department of Energy on Friday released the names of 19 companies that will be asked to submit proposals to sell Guyana’s oil.
Government said the companies were shortlisted by a five member Evaluation Committee “after a detailed check” of each firm’s expression of interest for general and technical data in relation to qualifications and experience pertinent to the assignment at hand, and as was required to be submitted in the request for Expression of Interest.
Those companies were part of 34 that had formally expressed interest to provide Marketing Services for Guyana’s crude oil entitlement from the Liza Destiny FPSO Vessel. Government had issued an invitation for expression of interest in February , 2020.
“This activity has now been completed successfully and the Shortlist of Companies, 19 in total, will progress at the next phase of the procurement process and exclusively and at the same time, receive the Request for Proposal (RFP),” the Department of Environment.
The Department of Energy says it is looking forward to successfully completing this next Phase and appointing a Marketing partner
Bid #Names of FirmsCountry of Registration
2China Offshore Oil (Singapore) International Pte LtdSingapore
6Hartree Partners LLPUSA
7Mercuria Energy Trading SASwitzerland
8Shell Western Supply and Trading Ltd.Bahamas
10Mercantile and Maritime (IMMS Ltd.)Cyprus, Belize
12BP Products North America Inc.USA
13ExxonMobilUSA
15BB Energy Trading LimitedUK
16Freepoint CommoditiesSingapore
17Sinochem International Oil (London) Company LimitedUK, China
18Cathay Petroleum International LimitedHong Kong
21Petraco Oil Company LimitedGuernsey
22Total Oil Trading SASwitzerland
23Lukoil Oil Company / Litasco SASwitzerland
27PetroChina International (Brazil) Trading LimitedBrazil
29Equinor ASANorway
30Vitol SASwitzerland
31Glencore LimitedUSA
32Petrobras Global Trading BVNetherlands

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