Insight
Guyana's imminent first oil: an on-the-ground view
Report summary
In June, Wood Mackenzie's Latin America upstream research team visited operators, service companies and government entities in Georgetown, Guyana. First oil for the country will be achieved in Q1 2020 and all stakeholders are looking forward to this opportunity. But everyone recognizes there are many challenges to overcome to prepare the country for its new future. We have gathered insight into the progress towards first oil delivery, the exploration plans of multiple operators, the execution of the local content policy and more. Read our Insight to learn what has been achieved so far and what challenges lie ahead.
Table of contents
- Executive summary
- Exploration beyond the Stabroek block
- Local content policy bearing fruit: half of Liza development's workforce is Guyanese
- Fastest production ramp-up ever expected for a new deepwater oil province
Tables and charts
This report includes 3 images and tables including:
- Block ownership and planned exploration wells in Guyana
- Production from key deepwater areas indexed to first oil
- Guyana's macroeconomic indicators
What's included
This report contains:
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