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The oil and gas exploration activity by Guyana created a new source of tension with neighboring Venezuela. The 2015 discovery set off a round of recriminations between Venezuela and its eastern border neighbor. Officials in Caracas, which has long had claims on Guyana's Essequibo region, have alleged that the concession is located in disputed ...
Guyana (/ ɡaɪˈɑːnə / ⓘ or / ɡaɪˈænə / ⓘ ghy-A (H)N-ə), [ 11 ][ 5 ] officially the Co-operative Republic of Guyana, [ 12 ] is a country on the northern coast of South America, part of the historic mainland British West Indies. Georgetown is the capital of Guyana and is also the country's largest city.
In November 2009, an ExxonMobil - Shell joint venture won a $50 billion contract to develop the 9-billion-barrels (1.4 × 10 ^ 9 m 3) West Qurna Phase I. [1] As per Iraqi Oil Ministry estimates, the project required a $25 billion investment and another $25 billion in operating fees creating approximately 100,000 jobs in the underdeveloped southern region.
Guyana has opened bids for 14 offshore oil blocks available for exploration and development as the South American country seeks to ramp up oil production. ... The U.S. Geological Survey estimates ...
Economy of Guyana. All values, unless otherwise stated, are in US dollars. The economy of Guyana is one of the fastest growing economies in the world with a gross domestic product (GDP) growth of 19.9% in 2021. [9] In 2024, Guyana had a per capita gross domestic product (purchasing power parity) of Int$ 80,137 and an average GDP growth of 4.2% ...
Petroleum industry in Iraq. Iraqi oil production has surged after years of disorder. [1] Iraq was the world's 5th largest oil producer in 2009, and has the world's fifth largest proven petroleum reserves. Just a fraction of Iraq's known fields are in development, and Iraq may be one of the few places left where vast reserves, proven and unknown ...
Map of Guyana Georgetown, Capital of Guyana Bartica. This is a list of settlements in Guyana. The following definitions have been used: City: Any settlement listed at [1] with population estimates of 75,000 or more. Town: Defined by the government of Guyana as 'municipalities'. [2] Village As defined by official government documents, census or ...
Gulf Keystone Petroleum Limited. Gulf Keystone Petroleum Limited is an independent oil and gas exploration and production company that operates in the Kurdistan region of Iraq. It is also the operator of the Shaikan oil field [broken anchor]. The company was listed on the main market of the London Stock Exchange on September 8, 2004. [2]