Guyana, Suriname will eat up more deep water investments as majors double down.

Consultancy group Wood Mackenzie did a recent analysis on the relevance of future oil and gas exploration in a world where energy companies are being pressured to clean up their act and give way to the energy transition. Under these circumstances, analysts have long concluded that provinces capable of delivering low-cost, cleaner barrels such as Guyana and Suriname, are best positioned to maximise returns in the coming years.