Category: Guyana Suriname Basin (GSB)
-
Geological Poetry, Geopolitics, Golden Lane, Guyana, Guyana Suriname Basin (GSB), Kitchen Canje SR, Oil Trading, Petroleum & Energy Blogs, Petroleum Exploration, SurinameSuriname’s Gas Gambit: Charting a Course for a Balanced and Resilient Future
Suriname is at a crucial crossroads with its significant offshore natural gas discoveries, especially in blocks 52 and 58, offering potential for economic prosperity and energy security. Effective monetization strategies, including domestic use and potential export via FLNG and SS-LNG, are essential. A comprehensive framework fostering local capacity and environmental stewardship will be vital for…
-
Geopolitics, Golden Lane, Guyana, Guyana Suriname Basin (GSB), Kitchen Canje SR, Oil Trading, Petroleum & Energy Blogs, Petroleum ExplorationUnderstanding Guyana’s Evolving Petroleum Agreements
The author shares a personal analysis of Guyana’s Petroleum Agreement, highlighting significant concerns regarding its evolution post-Liza-1 discovery in 2015. Two main questions arise about the agreement’s timelines and royalty structures. The discourse aims to engage professionals in dialogue for better understanding and improvements in regional petroleum contracts, emphasizing respectful discussion.
-
Geological Poetry, Geopolitics, Golden Lane, Guyana Suriname Basin (GSB), Kitchen Canje SR, Oil Trading, Petroleum & Energy Blogs, Petroleum Exploration, Suriname, UncategorizedA Historic Milestone: Staatsolie’s Landmark Achievement and the Power of Vision
On May 14, 2025, Staatsolie secured a significant US$ 1.6 billion loan, marking a pivotal moment in Suriname’s energy sector with their participation in the GranMorgu Project. This achievement, reflective of past strategic visions and dedicated teamwork, showcases Suriname’s growth as a noteworthy player in the global energy landscape.
-
Geological Poetry, Geopolitics, Golden Lane, Guyana, Guyana Suriname Basin (GSB), Kitchen Canje SR, Oil Trading, Petroleum & Energy Blogs, Petroleum Exploration, Suriname, UncategorizedBlock 52 “ Oil Field “ (?), Petronas, Offshore Suriname: Lessons from Liza-1’s Success
Block 52, an offshore oil field with 500 million barrels of crude, mirrors Guyana’s Liza-1 success. With advanced modeling predicting production potential between 95,000 to 110,000 bbl/day, it promises significant economic impact and energy security from 2030 to 2055. This project exemplifies innovation and strategic importance in energy markets.
-
Geological Poetry, Geopolitics, Golden Lane, Guyana, Guyana Suriname Basin (GSB), Kitchen Canje SR, Oil Trading, Petroleum & Energy Blogs, Petroleum Exploration, Suriname, UncategorizedSuriname Block 52: Petronas’ 2025 Drilling and Development Outlook
Petronas holds 100% of Suriname’s offshore Block 52 after ExxonMobil’s exit. A drilling campaign in 2025 will assess oil and gas prospects, leveraging a 10-year tax holiday. Production forecasts indicate significant depletion by 2055, with finances dependent on commodity prices and optimal investment decisions to attract Staatsolie’s participation.
-
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.
-
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.
-
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.
-
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.
-
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.
Categories
- Culture
- Curaçao
- Geological Poetry
- Geopolitics
- Golden Lane
- Guyana
- Guyana Suriname Basin (GSB)
- Kitchen Canje SR
- Oil Trading
- Petroleum & Energy Blogs
- Petroleum Exploration
- Religion
- Suriname
- Travel
- Uncategorized
Recent Posts
- Suriname’s Gas Gambit: Charting a Course for a Balanced and Resilient Future
- Understanding Guyana’s Evolving Petroleum Agreements
- A Historic Milestone: Staatsolie’s Landmark Achievement and the Power of Vision
- Discover the Geology Behind Tour de France 2025
