Guyana and Brazil offshore oil boom to challenge OPEC
In Guyana’s territorial waters, after Exxon’s swathe of world-class petroleum discoveries, gigantic ships called floating production storage and offloading (FPSO) vessels are sucking crude oil from Venezuelan reservoirs up to four miles below the Earth’s surface. Since then, it has been estimated the former British colony of just over 800,000 possesses at least 11 billion … Continue reading Guyana and Brazil offshore oil boom to challenge OPEC
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