Deepwater offshore fields, depths of over 1,200 meters, like those developed in Guyana and Suriname, are among the most difficult and slowest to develop. Russia’s Crude Oil Shipments Slump.

The country is expected to remain one of the fastest growing economies with double-digit growth rates in 2023 and 2024 as additional oil fields start operation.[2] While, historically, Guyana's GDP ...

according to the Guyana Defence Force. Stabroek, the world’s fastest-growing major oil field with about 11 billion barrels of recoverable resources, sits in waters partially claimed by Venezuela.