Guyana's Crude Oil Attracts Global Energy Giants

BB Energy and JE Energy are set to market portions of Guyana's crude oil over the coming year, as announced by the country's Ministry of Natural Resources. The tender process saw bids from 27 companies, including industry giants such as Shell, TotalEnergies, and Chevron.

In a significant development for Guyana's energy sector, BB Energy and JE Energy have been appointed to market parts of the nation's crude oil production in the next year. This announcement came from the South American country's Ministry of Natural Resources.

The tender for the oil marketing contract attracted substantial international interest, receiving 27 bids from prominent players in the energy sector.

Among the notable bidders were Shell, TotalEnergies, and Chevron, alongside other major companies like ADNOC, Gunvor, Vitol, PetroChina, CNOOC, and Eni.

(With inputs from agencies.)