Petroleum & Energy Blogs

New Frontiers: Exploring Lower Cretaceous Carbonates, specifically type Ranger-1 well, in Guyana-Suriname

The Lower Cretaceous carbonate systems of the Guyana-Suriname Basin are gaining attention due to significant hydrocarbon discoveries at Ranger-1 and…

1 year ago

Comparing PETRONAS’s Offshore Gas Ventures: Malaysia vs Suriname

PETRONAS operates two FLNG units in Malaysia, utilizing stranded gas fields for LNG exports. In Suriname, PETRONAS and partners explore…

1 year ago

Suriname’s Carbon Credit Strategy: A Path to Economic Growth

Suriname, a carbon-negative nation with 90% forest coverage, aims to monetize its environmental contributions through carbon trading. With a national…

1 year ago

From Forecasts to Findings: The Guyana-Suriname Oil Story

The post discusses the evolution of perceptions regarding the oil potential of the Guyana–Suriname Basin. Initially optimistic forecasts underestimated actual…

1 year ago

FLNG CAPEX Estimates: Size Matters

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…

1 year ago

Estimating Gas Needs for Petronas FLNG in Offshore Suriname, Block 52

Petronas has advanced its gas project in Block 52, Suriname, by contracting Wison New Energies for a Detailed Feasibility Study…

1 year ago

Liza Crude: Guyana’s High-Value Light Oil Explained

Liza crude oil from Guyana is highly regarded for its low residuum content of 24.2%, making it more desirable for…

1 year ago

Navigating Offshore Wealth: Strategic Financial Wisdom for Suriname’s Petroleum Future

To the policymakers, economists, energy sector professionals, and proud citizens of Suriname—this is a critical moment of opportunity and vigilance.…

1 year ago

Strategic Cost Recovery Insights: Navigating Future Oil Sector Audits in Suriname with free lessons from Guyana

The audit of Guyana's oil contracts provides valuable insights for Suriname's emerging petroleum sector, particularly for the Gran Morgu project.…

1 year ago