The confirmed presence of ‘world class’ oil deposits offshore Guyana does not mean that reaching and recovering those will be equivalent to the proverbial ‘walk in the park’ according to an August 15 Oil Now report.
Earlier this week the online-based information and resource centre cited a report from the Norway-based energy research entity, Rystad Energy, as saying that going forward, oil recovery pursuits in the region are likely to find that Guyana is among the countries in the hemisphere where accessing rich oil deposits could prove to be the most challenging.