Although government favours the presence of oil majors here for strategic purposes, it is also welcoming the interest being shown by Guyanese companies in the country’s remaining oil blocks, according to Natural Resources Minister Raphael Trotman, who says it is also important that local firms have a stake in the developing oil and gas sector.
Currently, the government is seeking to find an international firm to advise on the best way to market the country’s remaining oil blocks, which have attracted significant interest due to the hydrocarbon discoveries that have been made by ExxonMobil and its partners.
Trotman has already said that US oil major Chevron, Brazil’s Petrobras and France’s Total are among companies seeking the few remaining oil blocks here.