U.S. Capital Builds Caribbean Energy Presence Ahead of Guyana Summit
DFC Chief Policy Officer Caroline Vik said in July that the agency was “actively building our pipeline” in the region following its reauthorization. DFC officials are engaging governments and private-sector leaders to identify projects that align with U.S. investment priorities, including energy, strategic infrastructure and supply-chain development.
The renewed U.S. focus comes as Guyana and other Caribbean markets attract billions of dollars in energy investment. Guyana is emerging as the region's leading growth story, with rapid offshore oil development complemented by new gas, power, logistics and industrial projects.
At Caribbean Energy Week 2027, scheduled for July 13–15 in Georgetown, regional governments, investors, developers and industry leaders will examine opportunities emerging across the energy value chain. The event will spotlight Guyana's continued expansion beyond the Stabroek Block, including new exploration and gas-to-energy projects; Trinidad and Tobago's gas and downstream opportunities; Suriname's rapidly developing offshore sector; and emerging exploration opportunities elsewhere in the Caribbean.
U.S. companies are already at the center of Guyana's offshore expansion. ExxonMobil reached a final investment decision on the $6.8 billion Hammerhead development in September 2025.
The seventh approved project on the Stabroek Block is expected to begin production in 2029 and will include 18 production and injection wells, with capacity of approximately 150,000 barrels per day. The project brings ExxonMobil and its Stabroek partners' total committed investment across seven approved developments to more than $60 billion.
Chevron has also established a major position in Guyana following its $53 billion acquisition of Hess, which closed in July 2025. The transaction brought Chevron into the Stabroek Block alongside ExxonMobil and CNOOC, further concentrating major U.S. energy interests in one of the world's fastest-growing offshore oil provinces.
U.S. public financing is also supporting Guyana's energy infrastructure. The U.S. Export-Import Bank (EXIM) signed a $527 million loan agreement for Guyana's Gas-to-Energy project. The financing supports construction of a natural-gas separation plant, a 300-megawatt combined-cycle power plant and related gas-supply infrastructure. Once completed, the project is expected to double Guyana's installed electricity-generating capacity while supporting more reliable and lower-cost power for households and businesses.
EXIM also approved nearly $99.6 million in financing for Bahamian energy company FOCOL Holdings in 2025 to support pipelines and gas turbines, strengthening power-generation infrastructure and supporting U.S. exporters. In May 2026, EXIM named the transaction its Western Hemisphere Deal of the Year.
In Suriname, TotalEnergies and Houston-based APA Corporation took FID on the $10.5 billion GranMorgu development in Block 58 in 2024, with first oil expected in 2028. The project will develop the Krabdagu and Sapakara discoveries through an FPSO with production capacity of approximately 220,000 barrels per day. TotalEnergies operates Block 58 with a 50% interest alongside APA.
These developments point to a Caribbean energy market attracting growing U.S. commercial and government-backed capital, with opportunities extending well beyond upstream production into gas infrastructure, power generation, logistics and industrial development.
Caribbean Energy Week 2027 will provide a platform for U.S. investors, regional governments and energy companies to build on that momentum, connect capital with projects and explore partnerships across the region. With Guyana at the center of a rapidly expanding energy corridor, the summit will highlight the projects and investment opportunities shaping the Caribbean's next phase of energy growth.
