South America / GoM
Country profile: Guyana
| Location: | Northern South America, bordering the North Atlantic Ocean, between Suriname and Venezuela |
| Climate: | tropical; hot, humid, moderated by northeast trade winds; two rainy seasons (May to August, November to January) |
| Terrain: | mostly rolling highlands; low coastal plain; savanna in south |
| Size: | 214970 sq. km total (Land area: 196850 sq. km Water area: 18120 sq.km) |
| Population: | 770,794 |
| Languages: | English, Amerindian dialects, Creole, Caribbean Hindustani (a dialect of Hindi), Urdu |
| Government: | republic |
| Capital city: | Georgetown |
| Legal system: | based on English common law with certain admixtures of Roman-Dutch law; has not accepted compulsory ICJ jurisdiction |
| Currency: | Guyanese dollar (GYD) |
| Licensing: |
Country profile
Regional leaders created the Economic Community of West African States (ECOWAS) on May 28, 1975 in Lagos, Nigeria. ECOWAS is comprised of 15 countries, which include: Benin, Burkina Faso, Cape Verde, Cote d’Ivoire , The Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria , Senegal, Sierra Leone, and Togo. The leaders established ECOWAS to promote regional integration and economic growth in West Africa, as well as to create a monetary union in the region. However, ECOWAS has encountered problems in the process of regional integration including: political instability and lack of good governance that has plagued many member countries, the insufficient diversification of national economies, the absence of reliable infrastructure, and the multiplicity of organizations for regional integration with the same objectives. Originally a Dutch colony in the 17th century, by 1815 Guyana had become a British possession.
The abolition of slavery led to black settlement of urban areas and the importation of indentured servants from India to work the sugar plantations. This ethnocultural divide has persisted and has led to turbulent politics. Guyana achieved independence from the UK in 1966, and since then it has been ruled mostly by socialist-oriented governments. In 1992, Cheddi JAGAN was elected president in what is considered the country's first free and fair election since independence. After his death five years later, his wife, Janet JAGAN, became president but resigned in 1999 due to poor health. Her successor, Bharrat JAGDEO, was reelected in 2001 and again in 2006.
Energy production and consumption
| Oil | Gas | |
| Production: | ||
| Consumption: | 10,500 bbl/day (2005 est.) | |
| Exports: | ||
| Imports: | bbl/day (2005 est.) | |
| Reserves: | ||
| Major fields: |
Guyana - recent news
| 23 Oct 25 |
DOF Group announces contract extensions for Skandi Nomad and Skandi Constructor DOF Group has announced that the contracts of Skandi Nomad and Skandi Constructor, both operating in Guyana, have been extended by one year each. Following the extensions, Skandi Nomad is contracted until Q4-2026 and Skandi Constructor until Q2-2027. |
| 11 Oct 25 |
Guyana: MODEC awarded full EPCI scope for Hammerhead FPSO Project MODEC has been awarded the full Engineering, Procurement, Construction, and Installation (EPCI) scope to develop a Floating Production Storage and Offloading (FPSO) vessel for the Hammerhead Project following a Final Investment Decision (FID) by ExxonMobil Guyana. |
| 30 Sep 25 |
Guyana: MODEC awarded full EPCI scope for ExxonMobil Guyana’s Hammerhead Project MODEC has been awarded the full Engineering, Procurement, Construction, and Installation (EPCI) scope to develop a Floating Production Storage and Offloading (FPSO) vessel for the Hammerhead Project following a Final Investment Decision (FID) by ExxonMobil Guyana. |
| 25 Sep 25 |
Guyana: TechnipFMC awarded substantial subsea contract for ExxonMobil Guyana’s Hammerhead Project TechnipFMC has been awarded a substantial contract by ExxonMobil Guyana Limited to supply subsea production systems for the Hammerhead development in Guyana’s Stabroek Block. |
| 23 Sep 25 |
Guyana: ExxonMobil Guyana expands capacity with seventh offshore development Hammerhead project receives government approvals; production expected to begin in 2029. Seventh Stabroek block development will have the capacity to produce approx. 150,000 barrels of oil per day, bringing total installed capacity on the block to 1.5 million bopd. |
Guyana - more news
Other countries in this region
- Argentina,
- Aruba,
- Bahamas,
- Barbados,
- Belize,
- Bermuda,
- Bolivia,
- Brazil,
- Canada,
- Chile,
- Colombia,
- Costa Rica,
- Cuba,
- Dominican Republic,
- Ecuador,
- Falklands,
- French Guiana,
- Grenada,
- Guatemala,
- Gulf of Mexico,
- Honduras,
- Jamaica,
- Mexico,
- Nicaragua,
- Panama,
- Paraguay,
- Peru,
- Suriname,
- Trinidad,
- Uruguay,
- USA,
- Venezuela











