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Could This Emerging Oil State Become The Richest Nation In The World?
A tiny South American country until recently known mostly as the location of one of the worst mass suicides in modern history is about to acquire a whole new reputation, and this reputation has to do with its oil wealth.
Guyana, sandwiched between Venezuela and Suriname, has in just a couple of years turned from an empty spot on the international oil map into one of the new hot spots thanks to a series of discoveries offshore, made by Exxon and Hess Corp.
The Stabroek block is the place where the discoveries were made. The first ones came in 2015 and since then, Exxon has been announcing new ones on a more or less regular basis. To date, there have been 12 discoveries, with the reserves associated with them topping 5 billion barrels of oil equivalent.
Correct : Venezuela claim that oil is theirs from some ole boundary lines in the waterways !
mapoui wrote: but I cyar help tinkin' dat dis here development har' something to do with Venezuela
You would agonise not doing it .....all these years !
mapoui wrote: Guyana here I come.I comin' 'home'