Sunday, February 5, 2023

9 bidders vie to supervise Guyana’s Gas-to-Energy project

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OilNOW
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Nine firms from Trinidad & Tobago, Canada, the United States, and India have submitted bids in response to the government’s request for consultancy services for the supervision of the Guyana Integrated natural gas liquids (NGL) Plant and 300MW Power Plant Project.

The companies and their bids are as follows:

Worley (T&T) and Worley (T&T) Taxes submitted a bid and accompanying tax estimate totalling US$3,452,240 and US$690,448 respectively.

For Stratergy (USA) two totals are recorded as GY$6,670,965 and GY$1,367,547,840.

Bids and accompanying tax estimates by Novus Guyana Inc. (Alt) Local Tax, Novus Guyana Inc. (Alternative), Novus Guyana Inc. (Local Taxes) and Novus Guyana Inc were US$13,675,651, US$56,981,879, US$8,192,884, and US$34,137,015 respectively.

Furthermore, SGS Panama Control Services Inc. said it could complete the job for US$23,990,260 with a tax estimate of GY$3,358,636.

Massy Wood Guyana Inc Local Taxes and Massy Wood Guyana Inc submitted a tax estimate and bid of US$1,738,276 and US$12,416,254 respectively.

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Two bid totals for CB & Associates Inc & Stantec are stated as GY$420,080,578 and US$9,900,406, while a corresponding tax estimate under CB & Associates Inc & Stantec (Local Tax) is recorded as GY$258,267,190.

Engineers India Ltd provided authorities with a US$23,331,860 bid while Engineering & Consulting Services (Europe) tendered US$31,079,751. Both of these estimates exclude local taxes.

Finally, for TGM Canada, two bid totals are recorded as US$13,955,200 and GY$2,930,000,592.

The NGL plant and the 300 megawatts (MW) power plant form part of the imminent Gas-to-Energy project which the government is executing in collaboration with ExxonMobil affiliate, Esso Exploration and Production Guyana Limited (EEPGL).

The Request for Proposals published in July last said that the successful consultant would assist the government through the Gas-to-Energy task force in the design review, construction, supervision and general project management of the development of the integrated plants, and contract administration throughout the project implementation process and thereafter during the defects liability period.

Government estimates the project would last 42 months from the date of contract signing.

The Gas-to-Energy project is regarded as critical to the country’s future since it paves the way for reduced electricity costs, the creation of new industries, the use of cleaner energy sources, and the bolstering of the agriculture and manufacturing sectors.

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