The bid round for 14 new oil blocks offshore Guyana was launched last December and it is expected to close by April 2023. With the successful auction of the blocks, the Government of Guyana hopes to award contracts by the end of May 2023. There is considerable interest from countries around the world and ExxonMobil, which leads a consortium operating in the prolific offshore Stabroek Block, is interested in the auction. This is according to the President of ExxonMobil Guyana Alistair Routledge who engaged members of the local media on Thursday.
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