Guyana’s coming public sale of offshore oil exploration blocks has drawn curiosity from a minimum of 10 corporations together with Shell, Petrobras and Chevron, in response to a Reuters report quoting sources near the matter.
The South American nation is providing 14 offshore blocks, a transfer to hurry financial growth and cut back an ExxonMobil-led consortium’s dominance of its oil sector. Profitable bidders are anticipated to be picked subsequent month.
Guyana Vice President Bharrat Jagdeo is ready to talk on the CERAWeek vitality convention in Houston on Monday to drum up help for the nation’s first aggressive bidding spherical.
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