Gov’t seeking new bids for firms to market oil share

The Prosperity platform (ExxonMobil photo)

As the one-year contract with two United Kingdom firms to market this country’s oil share from the Stabroek Block draws near to an end, government yesterday advertised for bidders for the next fiscal year.

“The Ministry of Natural Resources (MNR) hereinafter referred to as “the Procuring Entity”, invites eligible bidders to submit their bids for execution of the Provision of Marketing Services for the Cooperative Republic of Guyana’s Oil Entitlement from Lot 1 – Liza Destiny FPSO Vessel, Lot 2 – Liza Unity FPSO Vessel, Lot 3 – Payara Prosperity FPSO Vessel, Lot 4 – Any two (2) Lots combined and Lot 5 – Combined Lots 1, 2 and 3,” the notice to bidders released by MNR stated.

Bidders may bid for one or more lots as defined in the bidding documents.