Guyana Looks To Attract New Players In Upcoming Oil Tender ...Middle East

Economy by : (OILPRICE) -
Guyana is hoping there will be more companies taking part in its next oil field tender, scheduled for this quarter, as it seeks greater diversification. "We are hoping that the participants in the auction... will add diversification," Guyana's President, Irfaan Ali, told Reuters in an interview during his visit to the U.S. "There is no blockage against any company." So far, Guyana's budding oil industry has been dominated by Exxon, which, together with its partners Hess Corp. and China's CNOOC, made a string of more than a dozen discoveries in…

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