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Large oil companies head to Guyana’s rich oil, gas basin – By Bert Wilkinson

Large oil companies head to Guyana’s rich oil, gas basin

BY BERT WILKINSON

Three of the world’s largest oil and gas companies are preparing to bid for offshore blocks near to where United States oil giant ExxonMobil found large amounts of sweet light crude oil off the Caribbean Community nation’s coast two years ago officials said Friday.

Resources Minister Raphael Trotman said a high level team from California-based Chevron Corp is expected in the country next week to discuss an application for an offshore bloc while British Petroleum and Brazil’s Petrobras have also signaled plans to apply for blocs.      Continue reading

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