Latest / Guyana News Today | 2 Min News | The Daily News Now!
Guyana Hits 1M Barrels Daily | Guyana News
Guyana is on the brink of energy history—its fifth FPSO, the Errea Wittu, arrives this week, poised to catapult daily oil output past one million barrels by year’s end. Built for $12.7 billion by MODEC, it’ll add 250,000 barrels/day to existing production from four FPSOs already pumping 900,000–920,000 barrels/day. President Irfaan Ali celebrates this milestone, marking Guyana’s first-ever million-barrel day. The Uaru project alone holds over 800 million barrels, with Whiptail (2027) and Hammerhead (2029) already in the pipeline. This surge isn’t just big—it’s transformative, turning Guyana…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.