Fifteen companies tender to market Guyana’s oil

-proposed commissions vary significantly

Fifteen companies yesterday submitted technical and financial proposals at the National Procurement and Tender Administration Board to provide marketing services for Guyana’s oil entitlement from the Liza Destiny Floating, Production, Storage and Offloading vessel. 

The companies were from a number of countries across the world and in these proposals submitted, presented their possible commission for the marketing of the said oil entitlement. In July, Stabroek News reported that the Ministry of Natural Resources which is the procuring entity had invited eligible bidders to submit bids for the project.

However, when this was made public, the requirements and how long the service will be needed for were not publicised. This newspaper in that July article stated that interested bidders would have had to write the government requesting information on how to bid. As such, on July 14 a pre-bid meeting with 20 prospective bidders from around the world was held.  The companies which presented bids are listed below:

Ministry of Natural Resources