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Geological Poetry, Geopolitics, Golden Lane, Guyana, Guyana Suriname Basin (GSB), Kitchen Canje SR, Oil Trading, Petroleum & Energy Blogs, Petroleum Exploration, Suriname, TravelThe Last Spark: Deepwater Champion Drillship – A Tribute to a Legend
The article reflects on the dramatic journey of the Liza-1 drillship, which transformed Guyana into an oil powerhouse since its groundbreaking discovery in 2015. Despite its immense contribution, the vessel faces decommissioning by 2025. The author advocates for its preservation as a historical monument and educational center, celebrating its legacy.
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Geopolitics, Golden Lane, Guyana Suriname Basin (GSB), Oil Trading, Petroleum & Energy Blogs, Petroleum Exploration, Suriname, UncategorizedSuriname’s GranMorgu Project: Financial Outlook and Challenges
Marcel Chin-A-Lien analyzes Suriname’s GranMorgu offshore oil project, highlighting its potential economic impact due to substantial oil reserves and financial backing. He discusses revenue projections under varying oil prices, emphasizing risks from low prices to Staatsolie’s debt obligations. Strategic safeguards are recommended to mitigate potential financial pitfalls.
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Exploring Pointe du Raz, La Douce France: The Intersection of Geology and Culture
In June 1975, a group of geology students explored Pointe du Raz in Brittany, France, uncovering its rich geological history shaped by the Variscan Orogeny. This immersive journey combined geological study with cultural experiences, highlighting the interconnectedness of Earth’s processes and human history, emphasizing the holistic nature of geoscience exploration.
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Geological Poetry, Geopolitics, Golden Lane, Guyana, Guyana Suriname Basin (GSB), Kitchen Canje SR, Oil Trading, Petroleum & Energy Blogs, Petroleum Exploration, SurinameSuriname Offshore: Gateway and Catalyst to a Golden Future
Suriname’s deepwater exploration, particularly in Blocks 58 and 52, is gaining prominence due to its rich petroleum systems and billion-barrel reserve potential. The Gran Morgu FPSO development heralds Suriname’s entry into offshore oil production, promising economic transformation, job creation, and strengthened energy relations with neighboring countries.
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Culture, Geological Poetry, Geopolitics, Golden Lane, Guyana, Guyana Suriname Basin (GSB), Kitchen Canje SR, Oil Trading, Petroleum & Energy Blogs, Petroleum Exploration, Suriname, Travel, UncategorizedUnlocking Suriname’s Carbon Credit Potential: Lessons from Guyana
Suriname, a carbon-negative nation, has the potential to monetise its carbon credits for sustainable growth. However, gaps in institutional readiness, governance, and market access hinder progress. By learning from Guyana’s successful strategies and enhancing stakeholder engagement, Suriname can unlock economic benefits and contribute to global climate goals for future generations.
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Geological Poetry, Geopolitics, Golden Lane, Guyana, Guyana Suriname Basin (GSB), Kitchen Canje SR, Oil Trading, Petroleum & Energy Blogs, Petroleum Exploration, Suriname, Travel, UncategorizedThe Dawn of Suriname’s Petroleum Era: Maka-1, Block 58, the Eastward Unveiling of the Golden Lane
In late 2019, Apache’s Maka-1 well offshore Suriname confirmed a significant petroleum corridor linking Guyana and Suriname, marking the emergence of Suriname as a key player in global deepwater exploration. The discovery revitalized the region, previously considered a frontier, into a vital part of the Golden Lane petroleum trend.
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Geopolitics, Golden Lane, Guyana, Guyana Suriname Basin (GSB), Kitchen Canje SR, Oil Trading, Petroleum & Energy Blogs, Petroleum Exploration, Suriname, Travel, UncategorizedOil Wealth Management: Guyana and Suriname’s Strategies
The 2016 PSC for Guyana’s Stabroek Block faces criticism for favoring IOCs, offering low royalties and minimal taxes, yet has driven rapid development and economic growth. Suriname’s PSCs appear more favorable initially but require clearer gas terms and local content regulations to attract investment. Both nations must adapt to compete globally.
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Geological Poetry, Geopolitics, Golden Lane, Guyana, Guyana Suriname Basin (GSB), Kitchen Canje SR, Oil Trading, Petroleum & Energy Blogs, Petroleum Exploration, Suriname, Travel, UncategorizedGuyana’s Oil Boom: Transforming the Nation (2015-2025)
From 2015 to 2025, Guyana transformed into a leading oil province following ExxonMobil’s Liza discovery, resulting in significant offshore oil production. With over 11.6 billion recoverable barrels, GDP growth exceeded 35%, and government revenue surpassed $3.5 billion, reshaping the nation’s economy and geopolitical influence in the region.
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Geological Poetry, Geopolitics, Golden Lane, Guyana, Guyana Suriname Basin (GSB), Kitchen Canje SR, Oil Trading, Petroleum & Energy Blogs, Petroleum Exploration, Suriname, UncategorizedWells Drilled in Block 58, Offshore Suriname – A Deepwater Success Story
Block 58 offshore Suriname has become a significant site for deepwater oil exploration since 2020, operated by TotalEnergies and APA Corporation. Key discoveries have reshaped the energy outlook, leading to a Final Investment Decision in October 2024 for the GranMorgu Project, aiming for 200,000 barrels/day production by 2028.
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Geological Poetry, Geopolitics, Golden Lane, Guyana, Guyana Suriname Basin (GSB), Kitchen Canje SR, Oil Trading, Petroleum & Energy Blogs, Petroleum Exploration, Suriname, Travel, UncategorizedTotalEnergies’ Strategic Move in Suriname’s Block 58
In December 2019, TotalEnergies entered offshore Suriname’s Block 58 after Apache’s Maka Central-1 discovery revealed significant oil potential. The supermajor acquired a 50% stake for nearly $2 billion, solidifying its role as operator. TotalEnergies’ expertise and capital will drive the region’s development and attract further investments.
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Recent Posts
- The Last Spark: Deepwater Champion Drillship – A Tribute to a Legend
- Suriname’s GranMorgu Project: Financial Outlook and Challenges
- Exploring Pointe du Raz, La Douce France: The Intersection of Geology and Culture
- Suriname Offshore: Gateway and Catalyst to a Golden Future
