French Guiana

Investment & Operational Criteria

Key Indicators

Risk Premia

6.250

%

Outlook

Uncertain

Rating

C|5S|§

Ranking

99

Reserves (1P)

Total

mm boe

Oil

0

%

Summary

While French Guiana is viewed as an overseas department of France, we believe that the country has a different Outlook on O&G exploration from France. Nevertheless, as the French Government retains control of many of the laws, we carry a similar risk to that of mainland France.

Updated

May 18, 2021

Country Basics

Region

Americas - South

Reserves (1P)

Oil

mm bbl

Gas

bcf

Location

French GuianaFrench Guiana

Northern South America, bordering the North Atlantic Ocean, between Brazil and Suriname.

Outline

Tax Regime
Type

Concession

Tax Regime
Notes

French Guiana’s upstream fiscal system is a very simple Concession regime, with only royalty (for onshore fields only) and corporate income tax payable.

Investment & 
Operational
Climate

In the early 21st century, five French overseas entities - French Guiana, Guadeloupe, Martinique, Mayotte, and Reunion - became French regions and were made part of France for all political and foreign matters.

Source: ESRI, Heritage Index, HMG Foreign & Commonwealth Office, US Department of State, International Trade Administration, International Law Review, Ernst & Young, Wood Makenzie & OGA data.

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