On June 17, 2025, Staatsolie signed a Production Sharing Contract for Offshore Block 66 with Petronas and Paradise Oil, reviving…
The Guyana-Suriname Basin presents a significant opportunity for economic growth, yet Suriname lacks a modern refinery for its light crude…
Suriname is at a crucial crossroads with its significant offshore natural gas discoveries, especially in blocks 52 and 58, offering…
The author shares a personal analysis of Guyana's Petroleum Agreement, highlighting significant concerns regarding its evolution post-Liza-1 discovery in 2015.…
On May 14, 2025, Staatsolie secured a significant US$ 1.6 billion loan, marking a pivotal moment in Suriname's energy sector…
Block 52, an offshore oil field with 500 million barrels of crude, mirrors Guyana's Liza-1 success. With advanced modeling predicting…
Petronas holds 100% of Suriname's offshore Block 52 after ExxonMobil's exit. A drilling campaign in 2025 will assess oil and…
The article reflects on the dramatic journey of the Liza-1 drillship, which transformed Guyana into an oil powerhouse since its…
Suriname's deepwater exploration, particularly in Blocks 58 and 52, is gaining prominence due to its rich petroleum systems and billion-barrel…
Suriname, a carbon-negative nation, has the potential to monetise its carbon credits for sustainable growth. However, gaps in institutional readiness,…