The audit of Guyana’s oil contracts provides valuable insights for Suriname’s emerging petroleum sector, particularly for the Gran Morgu project. Key findings highlight the importance of stringent cost validation, compliance, and documentation. Suriname can enhance its financial oversight by applying lessons from Guyana to maximize resource benefits while safeguarding economic interests.

Guyana, located in northeastern South America, is experiencing a historic oil boom driven by significant discoveries in the Stabroek Block. This phenomenon, aided by Floating Production Storage and Offloading units, has the potential to transform the nation’s economy. As it progresses, sustainable practices will be essential for long-term prosperity.