With economic growth projected to rise by 19.6% in 2026 and 21.9% in 2027, Guyana is leveraging revenues from the ExxonMobil-operated Stabroek Block to build an integrated energy economy. The CEW 2027 launch, held under the patronage of President Dr. Mohamed Irfaan Ali and with the endorsement of Minister of Natural Resources Vickram Bharrat, will provide investors with an early look at the projects and partnerships expected to shape the country's energy sector through 2027 and beyond.

Upstream Expansion and Offshore Services

Guyana’s offshore production averaged more than 900,000 barrels per day (bpd) during the first months of 2026 and is expected to surpass one million bpd by year-end before exceeding 1.3 million bpd in 2027. The Uaru and Whiptail developments alone will add approximately 500,000 bpd of new production capacity as two new FPSOs come online.

This growth is creating sustained demand for drilling support, subsea engineering, marine logistics, offshore maintenance, digital technologies and environmental services. At the same time, operators are accelerating exploration. Having received a one-year exploration license extension at the Stabroek Block, ExxonMobil has submitted a new exploration and appraisal program, covering 35 wells at the license. This presents further opportunities for specialized service providers while signaling international commitment to Guyana’s oil and gas future.

Gas-to-Energy and Industrial Development

Momentum is also building across the gas sector. The country’s Gas-to-Energy project is expected to become operational in late 2026 or early 2027, delivering 300 MW of electricity alongside an integrated Natural Gas Liquids facility. The project is forecast to reduce national electricity costs by approximately 50%, significantly improving Guyana's industrial competitiveness.

The Wales Development Zone is expected to attract private investment into ammonia and fertilizer production, LPG bottling, gas processing, storage terminals and downstream petrochemical manufacturing. Planning is already underway for a second phase of the Gas-to-Energy initiative, supporting additional industrial expansion.

Local Content and Industrial Services

Guyana continues to strengthen its Local Content Act, expanding opportunities for domestic participation in higher-value engineering and technical services. New amendments are expected to cover advanced machining, fabrication, subsea equipment, vessel maintenance and specialized industrial services.

As major contractors continue expanding offshore operations, international companies are well-positioned to partner with Guyanese businesses, creating opportunities for technology transfer, workforce development and engineering collaboration across the supply chains.

Infrastructure and Regional Energy Integration

Beyond oil and gas, Guyana is investing heavily in supporting infrastructure. Deepwater ports, shore bases, logistics facilities, power transmission and transport networks are all expanding to support long-term industrial growth. The government is also advancing smart-grid upgrades while continuing development of the 165 MW Amaila Falls Hydropower Project as part of its target to generate 70% of electricity from renewable and cleaner energy sources by 2030.

These opportunities will form a central focus of CEW 2027, where regional governments, operators and investors will explore new partnerships across upstream, midstream and downstream industries. As Guyana transitions into a diversified energy economy, the event will provide a timely platform for companies seeking to participate in one of the fastest-growing energy markets in the world.

Visit https://www.caribbeanenergyweek.com/register-interest to register