Guyana 5th oil project to start up next week
Business
Finance
November 14, 2026
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(Kaieteur News) – Guyana’s fifth Floating Production Storage and Offloading vessel (FPSO), Errea Wittu is poised to begin oil production at the Uaru development in the new week.
This was signalled by Minister of Natural Resources, Vickram Bharrat in an invited comment. The project will add approximately 250,000 barrels per day (bpd) once fully operational.
Guyana is currently producing about 900,000 bpd. This means that Guyana’s daily production will reach close to 1.3 million bpd with the startup of the Uaru project.
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