Petroleum Exploration

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…

11 months 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…

11 months 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…

11 months 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…

11 months ago

AI-Driven Seismic Reprocessing in Suriname: TotalEnergies’ Macaw-1 Insights

In 2024, TotalEnergies advanced seismic reprocessing in the Guyana-Suriname Basin, particularly focusing on Block 64 and the Macaw-1 prospect. Utilizing…

11 months ago

Suriname’s Oil Future: Political Parties’ Strategies Explained

Suriname is poised for a pivotal election on May 25, 2025, influenced by offshore oil discoveries. Analysis highlights the contrasting…

11 months ago