Guyana on Monday announced that two British companies have been contracted again to sell the country’s crude entitlement for the next 12 months, and the country is set to receive higher earnings from the deals. The Ministry of Natural Resources said the United Kingdom-based BB Energy Trading Limited would sell crude from floating production and storage offloading (FPSO) vessels Liza ...
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27 companies bid to market Guyana’s crude entitlement
A Guyanese-owned oil exploration company is among 27 companies that submitted bids to market Guyana’s crude entitlement from the three floating production, storage and offloading (FPSO) vessels in the Stabroek Block. The National Procurement and Tender Administration Board (NPTAB) officials did not announce the prices that were proposed and, instead, referred queries to the Permanent Secretary of the Ministry of ...
Read More »Jagdeo warns heads will roll for violating procurement rules
Vice President Bharrat Jagdeo on Tuesday warned permanent secretaries, regional executive officers and other accounting officers in the public service and public sector that they could be fired if they do not comply with Guyana’s procurement rules including flawed evaluation of bids. “Jagdeo made it clear that any departure from these regulations would not be tolerated,” the Department of Public ...
Read More »Govt tightening screws on questionable contract awards, bad treatment of contractors
In the wake of persistent concerns about government’s questionable award of contracts and the shoddy treatment of contractors, Vice President Bharrat Jagdeo on Thursday announced that steps were being taken to review the entire process. “Let me put on notice all of those people who are responsible for procurement in public corporations, statutory bodies, the Ministries, Regions, everywhere, all the ...
Read More »Larry London supplied birth certificates with proper security features- former Citizenship Minister
Former Minister of Citizenship Winston Felix on Thursday defended the then APNU-AFC government’s decision to sole-source about 500,000 birth certificates from a United States (US)-based company controlled by People’s National Congress Reform (PNCR) executive member, Larry London. Mr Felix said the sole-sourced contract of GYD$23 million contract was awarded by the National Procurement and Tender Administration Board (NPTAB) after the ...
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