Category: Energy

News

The Dutch Disease in Guyana ???

According to the Economist { … }  eyesonsuriname Amsterdam, June 3d 2025–Not too long ago, the leading British Magazine Economist described Guyana as “about to become one of the most extreme cases” of the resource curse, referencing the rapid influx of oil revenue. But is that truly the case on the ground? The resource curse, or Dutch…
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A giant humanoid AI Bot, moving with his hands the cloud above the Sugar Loaf of Rio de Janeiro, so the Sunrise appears above the water.

Investment of 4 billion euros for AI use in Brazil 

Application in energy and climate  eyesonsuriname Amsterdam, May 3, 2025–Brazil sees opportunities in the context of closely intertwined issues regarding energy and climate that are impacted by the use of AI on energy demand. While technology companies worldwide are rapidly building new data centers, the emission reduction story, particularly in the United States, is being…
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Guyana our Dear Neighbour

Oil, Economic Transformation, and the Quest for National Development eyesonsuriname Amsterdam, 23 april 2025– Guyana, our neighbour on the East and an equally  small country in the northeastern corner of South America, has long been known for its natural beauty, rich biodiversity and diverse culture.  However, in recent years, it has been catapulted onto the world stage due to…
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Against all odds 

China Interferes in South American Border dispute eyesonsuriname Amsterdam, 20 april 2025– The long standing territorial dispute over the South American border region, named Essequibo, which is claimed by Venezuela, escalated into a crisis not too long ago. Fears are, it is escalating even faster, now that China tries to play its part and interferes. The dispute dates back many,…
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Suriname’s Oil Boom: A Golden Opportunity to Shine as a Global Business Hub.

COMMENTARY Dear Editor, As a public communication analyst with over a decade of experience in the tourism industry, I believe Suriname’s emergence as a potential top global oil producer presents a significant opportunity to position the country as a premier business destination.  With the world’s estimated highest projected oil production growth through 2035, Suriname could and should be on the…
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Guyana Economic Growth +14.4%

Revenues expected to reach $157 billion by 2040. eyesonsuriname Amterdam March 23rd 2025– Guyana is the only South American country featuring a sizable  economic growth.  It was once one of the poorest countries in the Caribbean region until major oil deposits were discovered off its coasts in May 2015.  According to a 2023 report, oil production in Guyana began in December 2019 and has generated…
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Conflict Venezuela and Guyana escalating

Conflict Venezuela and Guyana escalating

Relations Turn Very Sour eyesonsuriname Amsterdam, March 4th 2025– Venezuela’s Armed Forces rejected neighboring Guyana’s patrolling waters yet to be delimited, Bolivarian authorities explained this weekend. The Chavista regime also spoke against Guyanese President Irfaan Ali’s latest remarks affecting the ongoing sovereignty controversy over the so-called Essequiba Guiana. On Saturday, Ali accused the Bolivarian Navy of…
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Brazilian Energy Financing 

Transition in Brazil eyesonbrasil Amsterdam, 25 feb 2025– Brazilian President Luiz Inácio Lula da Silva pointed out that his country, Brazil, would rely on fossil fuels to finance the transition to clean energy. He made those remarks during a contract signing ceremony with Transpetro and oil companies Rio Grande and Mac Laren. He also underlined that the…
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SBM Offshore preparing Suriname

SBM Offshore preparing Suriname 

First Promising Offshore Oil Project eyesonsuriname Amsterdam, 19 feb. 2025– SBM Offshore is taking the lead in developing Suriname’s first offshore oil project. The company is already fully engaged in training local talent, well before the first Floating Production Storage and Offloading unit (FPSO) becomes operational in 2028 for TotalEnergies’ GranMorgu project. “We started three years earlier than…
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Reducing AFM Fine for SBM Offshore

Reducing AFM Fine for SBM Offshore

Bribery Case eyesonsuriname Amsterdam, Feb.19th 2025–The fine imposed by the Dutch Financial Markets Authority (AFM) on SBM Offshore has been substantially reduced from 2 million to 675,000 euros. This penalty, which was imposed in 2019 for failing to timely inform investors about bribery issues in Brazil, was significantly lowered after legal opposition by the Trade…
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