The government of oil-rich Guyana is reviewing an ‘Oil and Gas Master Plan’ for Guyana, which was developed and submitted by Mitsubishi Corporation and Chiyoda Corporation in collaboration with the government of Japan.
Just last week ExxonMobil reported its seventh oil discovery located offshore Guyana. Exxon said it had encountered approximately 65 feet (20 meters) of high-quality, oil-bearing sandstone reservoir in the Pecora-1 well.
Brazil Energy Insight 
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