After a swath of high-quality oil discoveries by an ExxonMobil-led consortium in offshore Guyana, which have identified at least 11 billion barrels of recoverable oil resources, have catapulted the impoverished South America country firmly onto the global oil map. The offshore Guyana-Suriname Basin is being called the world’s most exciting oil frontier seeing it attract considerable attention from global energy companies.
Despite industry infrastructure shortfalls and other constraints there are clear indications that the oil boom which has…Guyana’s Offshore Drilling Bonanza Is Just Getting Started
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