Staatsolie faces a critical decision to transition from a National Oil Company (NOC) to an International Oil Company (IOC) between…
Staatsolie is at a pivotal moment, poised to transition from a National Oil Company to an International Oil Company amid…
Staatsolie is positioned for transformation into an International Oil Company (IOC) through high-impact drilling and seismic surveys set for 2025–2026.…
PETRONAS’ Block 52 FLNG project in Suriname aligns with its sustainability goals, addressing emissions reduction and gas monetization. With 1.3…
The Lower Cretaceous seas along modern-day Guyana and Suriname hosted a diverse array of marine life, including unique fish and…
The Lower Cretaceous carbonate systems of the Guyana-Suriname Basin are gaining attention due to significant hydrocarbon discoveries at Ranger-1 and…
PETRONAS operates two FLNG units in Malaysia, utilizing stranded gas fields for LNG exports. In Suriname, PETRONAS and partners explore…
Suriname, a carbon-negative nation with 90% forest coverage, aims to monetize its environmental contributions through carbon trading. With a national…
The post discusses the evolution of perceptions regarding the oil potential of the Guyana–Suriname Basin. Initially optimistic forecasts underestimated actual…
The estimated CAPEX for new FLNG facilities varies by design size: 1.3 MTPA at $1.3-1.7 billion, 2.4 MTPA at $2.5-3.2…