CNOOC, Lindsayca/CH4, NRG Holdings among groups with proposals for Guyana gas infrastructure

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OilNOW
OilNOW
OilNOW is an online-based Information and Resource Centre

The Guyana government has received 17 proposals from companies/groups for the design, finance, construction, and operation of essential gas infrastructure to support offshore developments. 

These include an affiliate of CNOOC (a Stabroek block partner), Lindsayca/CH4 (the group developing the Gas-to-Energy integrated processing facility), and NRG Holdings (a consortium of Guyanese businessmen leading the Vreed-en-Hoop Shore Base Inc project.)

The submissions were opened on Feb. 27 at the office of the National Procurement and Tender Administration Board (NPTAB) in Georgetown. 

The companies and/or groups are as follows:

  1. Andalusian Energy, MAN Energy Solutions, Vepica USA, Raffinate Technologies, Coldstream Energy, NRG Holdings Inc., Kaieteur Builders Group
  1. Alfa Co. Guyana Inc. 
  1. Venture Global LNG Inc. 
  1. Great Eastern Resources Guyana (GERG), Precious Metals Mines Inc. 
  1. Rainbow Global Group Company 
  1. Sol Guyana Inc. 
  1. Anandi Investment Ltd. 
  1. Bridge Clean Fuels, Arc Energy, Barson Strategy Group 
  1. Guygas Inc. 
  1. Fulcrum LNG Inc. 
  1. Massy Gas Products Guyana Ltd. 
  1. Helios Investment Partners 
  1. Lindsayca CH4 Guyana Inc. 
  1. Energy Transfer International Holdings LLC 
  1. China BlueChemical Ltd. 
  1. CNOOC Gas & Power Group Company Ltd. 
  1. Atlantic Margin Island Partners Guyana Inc., Global Link Petroleum UAE, CDR International BV, Orinduik Marine Services Inc., General Engineering Supplies & Services Inc. Guyana

Guyana’s Vice President, Bharrat Jagdeo, has expressed dissatisfaction with ExxonMobil’s pace in developing gas resources, though Exxon has said it is exploring the potential for gas development. Jagdeo has stated that if ExxonMobil is not interested in gas development, the discoveries should be relinquished to the government for development by other interested parties. More recently, ExxonMobil Upstream President Liam Mallon told OilNOW the company is aligned with the government on the issue. President of ExxonMobil Guyana, Alistair Routledge, told Reuters that gas production in the Stabroek block may be possible in 2029 or 2030

Exxon last said it estimates 17 trillion cubic feet of gas has been discovered in the Stabroek block. 

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