Petroleum Exploration

Unlocking 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,…

1 year ago

Oil Wealth Management: Guyana and Suriname’s Strategies

The 2016 PSC for Guyana's Stabroek Block faces criticism for favoring IOCs, offering low royalties and minimal taxes, yet has…

1 year ago

Guyana’s Oil Boom: Transforming the Nation (2015-2025)

From 2015 to 2025, Guyana transformed into a leading oil province following ExxonMobil's Liza discovery, resulting in significant offshore oil…

1 year ago

TotalEnergies’ Strategic Move in Suriname’s Block 58

In December 2019, TotalEnergies entered offshore Suriname’s Block 58 after Apache’s Maka Central-1 discovery revealed significant oil potential. The supermajor…

1 year ago

Suriname’s Oil Boom: The Journey of Block 58

Block 58 in offshore Suriname, initially marked by uncertainty after Apache's CEO resignation in 2019, gained momentum with a landmark…

1 year ago