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Energy, Energy Strategy, Gas2Shore, Geopolitics, Golden Lane, GtS, Guyana, Guyana, Guyana Craton, Guyana Suriname Basin (GSB), Kitchen Canje SR, Oil Trading, Petroleum & Energy Blogs, Petroleum Economics, Petroleum Exploration, PSC and Legal Matters, Reservoir Engineering, Science, Sloanea, Sloanea, Source rocks, Stabroek Block, Strategy, Subsurface, Suriname, Suriname, UncategorizedSuriname’s Development: UN Report vs. Suriname Horizon 2050 and Beyond Framework
The United Nations Suriname Annual Results Report 2025 assesses Suriname’s development priorities, highlighting successes in social sectors and persistent challenges. SH-2050 adds value by focusing on required capabilities to sustain outcomes. Together, both frameworks emphasise the need for robust systems to ensure long-term national progress and resilience in Suriname.
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Energy Strategy, Mineral Exploration, Petroleum & Energy Blogs, Petroleum Economics, Petroleum Exploration, PSC and Legal Matters, Science, Sloanea, Source rocks, Strategy, Subsurface, Suriname, Suriname, Trinidad, Uncategorized, VenezuelaModernizing Suriname’s Petroleum Sharing Contract: A Progressive Approach
This report proposes a modernised Production Sharing Contract (PSC) for Suriname’s offshore petroleum sector, aiming to enhance local content, environmental safeguards, and transfer pricing controls. By adopting a measurable, enforceable system inspired by regional examples from Guyana and Brazil, the reforms seek to ensure sustainable domestic value capture and mitigate economic leakage.
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Energy, Energy Strategy, Gas2Shore, Geological Poetry, Geopolitics, Geoscience, Golden Lane, GtS, Guyana, Guyana, Guyana Suriname Basin (GSB), Kitchen Canje SR, Mineral Exploration, Oil Trading, Petroleum & Energy Blogs, Petroleum Economics, Petroleum Exploration, PSC and Legal Matters, Reservoir Engineering, Science, Sloanea, Sloanea, Source rocks, Stabroek Block, Strategy, Subsurface, Suriname, Suriname, Trinidad, UncategorizedSuriname PSC: Upgrading Local Content and Transfer Pricing Provisions
The report reviews Suriname’s Model PSC, focusing on local content and transfer pricing in petroleum contracts. It identifies deficiencies and recommends measurable local content obligations, phase-based benchmarks, and stricter transfer pricing rules to safeguard domestic economic benefits. The findings highlight the urgency of upgrading the contract for sustainable development.
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Energy, Energy Strategy, Gas2Shore, Geopolitics, Geoscience, Golden Lane, GtS, Guyana, Guyana, Guyana Suriname Basin (GSB), Petroleum & Energy Blogs, Petroleum Economics, Petroleum Exploration, Reservoir Engineering, Science, Sloanea, Sloanea, Source rocks, Stabroek Block, Strategy, Subsurface, Suriname, Suriname, UncategorizedHaimara: A Turning Point for Guyana-Suriname Gas Systems
The Haimara discovery in the Guyana-Suriname Basin is not just notable for its gas reserves but for indicating a shift towards an interconnected gas system. Through examining the Longtail-Haimara corridor, the article highlights the importance of connectivity, aggregation, and strategic infrastructure in evolving the basin’s energy architecture and future development.
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Energy, Energy Strategy, Gas2Shore, Geopolitics, Geoscience, Golden Lane, GtS, Guyana, Guyana, Guyana Suriname Basin (GSB), Kitchen Canje SR, Mineral Exploration, Oil Trading, Petroleum & Energy Blogs, Petroleum Economics, Petroleum Exploration, PSC and Legal Matters, Reservoir Engineering, Sloanea, Sloanea, Source rocks, Stabroek Block, Strategy, Subsurface, Suriname, Suriname, Uncategorized
The Suriname Model PSC
The article discusses the Suriname Model Production Sharing Contract (PSC) and its role as a framework for transforming petroleum resources into national value. It highlights the importance of balancing exploration risk with national benefits, emphasising capacity building, responsible resource management, and how effective PSCs contribute to sustainable economic growth for Suriname.
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Architecture, Energy, Energy Strategy, Gas2Shore, GtS, Guyana, Guyana Suriname Basin (GSB), Kitchen Canje SR, Petroleum & Energy Blogs, Petroleum Economics, Petroleum Exploration, PSC and Legal Matters, Reservoir Engineering, Sloanea, Source rocks, Suriname, UncategorizedAraku Deep-1: Defining Uncertainty in Petroleum Exploration
The publication by GLIAG discusses Araku Deep-1’s significance within the Guyana-Suriname Basin, suggesting its role as a calibration well in understanding petroleum-system behaviour and uncertainty. Instead of purely aiming for discoveries, the focus is shifting towards recognising and managing geological risks as the region transitions from a discovery basin to a learning basin.
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Energy, Energy Strategy, Gas2Shore, Geopolitics, Geoscience, Golden Lane, GtS, Guyana, Guyana Suriname Basin (GSB), Kitchen Canje SR, Maracaibo Basin, Oil Trading, Petroleum & Energy Blogs, Petroleum Economics, Petroleum Exploration, PSC and Legal Matters, Reservoir Engineering, Sloanea, Sloanea, Source rocks, Stabroek Block, Subsurface, Suriname, Suriname, UncategorizedMaximizing Yellowtail Reservoir Value Through Stewardship
The essay by Marcel Chin-A-Lien evaluates the fiscal and engineering implications of accelerating production at the Yellowtail Reservoir. It concludes that while early cash flow improves, total value by 2048 remains unaffected. The analysis emphasises that disciplined reservoir management is crucial for sustaining long-term value and reducing depletion risks.
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Culture, Curaçao, Literatura, Maracaibo Basin, Oil Trading, Petroleum & Energy Blogs, Petroleum Exploration, Poems, Poesía, Suriname, Suriname, Travel, Uncategorized, World LitteratureCuraçao: An Island Born of Fire and Perseverance
Curaçao, an island born from volcanic activity 88 million years ago, reflects a unique journey of resilience and cultural fusion. As it hosts its national football team against Germany, the island’s story embodies human achievement, producing extraordinary talents in sports and beyond, celebrating identity, pride, and perseverance against all odds.
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Architecture, Energy, Energy Strategy, Gas2Shore, Golden Lane, GtS, Guyana, Guyana, Guyana Suriname Basin (GSB), Petroleum & Energy Blogs, Petroleum Economics, Petroleum Exploration, PSC and Legal Matters, Reservoir Engineering, Sloanea, Source rocks, Strategy, Suriname, UncategorizedUnderstanding Petroleum Law’s Role in Suriname’s Development
Suriname’s offshore oil discoveries present a pivotal opportunity for national development. The foundation lies in Petroleum Law, which enables effective participation and capability formation. The success of the sector will depend on generating lasting value through local involvement and expertise, ultimately enhancing the country’s sovereignty and competitive edge.
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Architecture, Energy, Gas2Shore, Geological Poetry, Geoscience, Golden Lane, GtS, Guyana, Guyana, Guyana Suriname Basin (GSB), Kitchen Canje SR, Literatura, Oil Trading, Petroleum & Energy Blogs, Petroleum Economics, Petroleum Exploration, Poems, PSC and Legal Matters, Reservoir Engineering, Science, Sloanea, Sloanea, Source rocks, Stabroek Block, Strategy, Subsurface, Suriname, Suriname, UncategorizedExploring the Legendary Petroleum Province of El Dorado
The essay by Marcel P.T. Chin-A-Lien explores the historical and geological significance of the Guyana-Suriname Super Basin, revealing it as the “Real El Dorado.” It traces over four centuries of exploration transitioning from myth to a proven petroleum province, illustrating how geological discoveries have transformed the economic landscape of Guyana and Suriname.
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Recent Posts
- Suriname’s Development: UN Report vs. Suriname Horizon 2050 and Beyond Framework
- Modernizing Suriname’s Petroleum Sharing Contract: A Progressive Approach
- Suriname PSC: Upgrading Local Content and Transfer Pricing Provisions
- Haimara: A Turning Point for Guyana-Suriname Gas Systems
