++ 31 06 154 38 185
a@eyesonsuriname.com

Category: Energy

Oil Rig

Big Oil has a do-or-die decade ahead because of climate change

The 2020s are poised to be to energy firms what the 2010s were to utilities—disruptive As revolutionary slogans go, it hardly had the resonance of ¡No pasarán! But when Repsol, a Spanish oil company, said in December it would reduce the net carbon footprint of everything it produces to zero within 30 years, it marked the most powerful…
Read more

oil workers

Staatsolie Maatschappij Suriname N.V: Uncovering one of South America’s largest untapped oil reserve

United States Geological Survey data shows offshore Guyana-Suriname Basin to have one of the largest untapped oil reserves in South America. As Suriname’s state oil company, Staatsolie Maatschappij Suriname N.V. is set to strike big In a world that’s craving more and more energy, oil is often described as ‘liquid gold’. But as depletion of…
Read more

Exxon Hess

Exxon, Hess and CNOOC are 2019 top explorers – Rystad Energy

Continued success offshore the South American country of Guyana is once again playing a major role in the addition of discovered volumes and value creation for US oil major ExxonMobil and its Stabroek Block co-venturers, Hess and CNOOC. “ExxonMobil can be declared explorer of the year for a second year in a row thanks to…
Read more

ExxonMobil has opened up a new oil province in South America with untold potential

ExxonMobil has opened up a new oil province in South America with untold potential

Decades of failed attempts to find oil in the Guyana-Suriname basin saw companies bailing out and disappointment mounting, with many persons, ranging from laymen to experts, concluding that striking black gold in this frontier was unlikely and way too risky for investors. Even oil major Shell opted out of its partnership with ExxonMobil at Guyana’s…
Read more

Drillship

Kosmos on location for new drill campaign at Pontoenoe-1 in Suriname

Kosmos Energy’s Ensco DS-12 drillship is on location approximately 17 km east of the Guyana-Suriname maritime boundary in its new search for hydrocarbons at the Pontoenoe-1 prospect on Block 42 offshore Suriname. OilNOW understands the Ensco DS-12 arrived on location on August 10. The vessel will be drilling in water depths of 2,360 meters. The…
Read more

Suriname Oil Find

Suriname Oil Discovery Brings Welcome Good News To Apache Corp

The last several years have been a difficult time for Apache Corporation. The company has seen its stock price plummet – like many of its peer companies – as the U.S. industry’s success in creating a new abundance of both oil and natural gas has led to chronic low commodity prices. That in turn has…
Read more

Apache Stock soars

Apache stock soars on Suriname discovery

Stock of Apache Corp. surged more than 25 percent Tuesday after the Houston energy firm confirmed it struck oil offshore of the small South American nation of Suriname. Just two weeks after Apache formed a joint venture with the French energy major Total, the two companies said they’ve made a significant oil discovery that could…
Read more

Apache Suriname

Apache Gushes After Venture With Total Finds Significant Oil Offshore Suriname

The find, in a block measured at 1.4 million acres, also offers significant potential beyond the current discovery, says Apache’s CEO. Apache (APA) – Get Report shares gushed after the Houston energy explorer and partner Total (TOT) – Get Report said they found significant oil offshore Suriname. Shares of Apache at last check were up 20% at $30.81. American depositary receipts…
Read more