Beyond the Barrel: The Real Money in Guyana's Oil Rush
Every so often, a story comes along that makes you sit up and pay attention. Not because of the flashy headlines, but because of the quiet, tectonic shifts happening just beneath the surface. For me, that story is Guyana. A tiny South American nation that, almost overnight, has become the world’s largest oil producer per capita. It’s the sort of thing that sounds like a misprint.
Now, the obvious play is to look at the big oil giants, the ones with their names plastered all over the news. But that, I think, is a bit like focusing on the prospectors during a gold rush. The real, enduring fortunes were often made by the chaps selling the shovels, the pickaxes, and the sturdy denim trousers. The same logic applies here, only the shovels are billion-dollar floating production vessels and the pickaxes are highly specialised subsea drilling systems.