Tag Archives: bidding process

Guyana has put a “hold” on the international bidding process for oil companies to lift and sell its share of crude oil sales from one of ExxonMobil’s several oil fields offshore the north-east coast of South America, Vice President Bharrat Jagdeo announced Friday. He said the now one-week-old administration, which was sworn in five months after a disputed general election, ...

Thirty-four companies on Tuesday submitted expressions of interest (EOIs) to sell Guyana’s oil exports over a period of 12 months. The EOIs were opened by the National Procurement and Tender Administration Board. Already, the Ministry of the Presidency’s Department of Energy has said the company that wins the bid to market Guyana’s crude will not enjoy an automatic right of ...

by James McAllister The article, “Questionable Engineers Estimates costing Guyana billion$”, in the April 19th edition of the Kaieteur News, is another attempt by the media to distort and peddle misinformation. Accusations of corruption and incompetence were leveled against engineers. This is not the first time such accusations have been leveled against engineers by people who know little of what ...