After a series of major oil discoveries in its territorial waters, the impoverished South American country of Guyana emerged as one of the world’s hottest offshore drilling locations and the world’s fastest-growing economy. With over 30 significant oil discoveries, more than 11 billion barrels of oil resources identified so far, and growing petroleum production as well as exports Guyana is poised to become the wealthiest country in South America, a mantel once held by Venezuela. The rapid as well as catastrophic implosion…
