Business Representation and Management (Guyana)
The Cooperative Republic of Guyana, located on the northern coast of South America, boasts a population of over 800,000.
Since 2019, Guyana has rapidly emerged as a major oil producer, with production exceeding 113.5 million barrels in the first half of 2024. Currently, three FPSOs are operating in Guyana, contributing to a daily output of approximately 645,000 barrels of oil. To meet the ambitious goal of producing 1.3 million barrels per day by 2027, the country is on track to deploy six FPSOs, with future projects like Yellowtail and Uaru expected to significantly boost production. To date, the country's offshore reserves are estimated at 11.6 billion barrels, further cementing its role in the global energy market.
The recent surge in oil production has attracted significant foreign investment, a trend that is expected to continue as new offshore oil and gas discoveries drive further growth in the sector.
Almabro specializes in mediating and facilitating business management and project development for international companies seeking opportunities in Guyana.