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According to a report from Oil Now on May 12, Guyana has grown from no known oil resources six years ago to now has more than 9 billion barrels of oil equivalent.
So far, three development projects have been approved, and the application for the fourth development project has been submitted.
As the operator of the 6.
Chen Keke, translated from Oil Now
The original text is as follows:
Proposed, sanctioned offshore developments to deliver over 800,000 bpd by 2025
Guyana has gone from having no known oil resources just 6 years ago to now holding over 9 billion barrels of oil equivalent.