The tiny South American nation of Guyana, once one of the continent’s poorest countries, recently emerged as a top oil producer. After a swathe of high-quality discoveries in the offshore Stabroek Block, the government in Georgetown finds itself managing one of the world’s largest oil booms. In roughly a decade, Guyana went from its first oil discovery to South America’s third-largest oil producer with signs of further growth ahead. This delivered a massive economic dividend for the country of less than one million, which sees it now…

via Oilprice.com https://ift.tt/FmO1fV9