and launches development studies with the objective of sanctioning the project end 2024 eyesonsuriname Download the Press Release (PDF) Paris, September 13, 2023 – On the occasion of the meeting held in Paramaribo between Patrick Pouyanné, Chairman and CEO of TotalEnergies, His Excellency Chandrikapersad Santokhi, President of the Republic of Suriname, and Annand Jagesar, CEO of…
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“The investment will be used for four parts,” says Jacob Ruiter, CEO of EIT InnoEnergy Benelux. “We are going to invest more in our current portfolio of companies and want to attract new companies. In doing so, we use the capital to set up new companies in promising markets. Our fourth goal is related to…
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All details will be revealed to Suriname’s President on Block 58’s development prospects, said TotalEnergies’ Chief Executive Patrick Pouyanné. Speaking at the Barclays CEO-Energy Power Conference being held in New York, Pouyanné said that the oil field is big enough “to launch a sizeable deepwater development” but held other details close. He is due for…
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In the past decade, the phrase “put a price on carbon” has gathered steam around the globe. And carbon pricing has been hailed by scientists, economists, and business leaders as one of the most cost-effective tools to decarbonize economies. But the exact price—typically expressed in terms of value (e.g. dollars or other local currency) per…
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Suriname is one significant step closer to its highly anticipated offshore oil development as APA Corporation reported that Krabdagu-3 appraisal well in Block 58 confirmed an extension of oil resources, some 14 kilometres from the original prospect. APA holds a 50% working interest in the block alongside TotalEnergies – the operator. APA in its Q2 results…
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Development for Change eyesonsuriname Amsterdam, 11 August 2023 –The energy landscape of the Guyana-Suriname Basin is evolving at a rapid pace, with drilling activity set to intensify in the coming years. Noble Corporation projects the need for “6 to 7 ultra-deepwater (UDW) rigs through 2024, with potential upside from 2025 onwards” in the Basin, the…
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Leveraging Carbon Credits for a Prosperous Future (Part 2) Kamlesh Ganesh Introduction The recent presentation by Rudolf Elias, highlighting Suriname’s unique position as the greenest country on Earth and its potential in the face of climate change, has sparked discussions on the country’s path to sustainable development. Following the presentation, Minister of Finance, Stanley Raghoebarsing,…
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eyesonsuriname Amsterdam, 16 July 2023– PETRONAS and ExxonMobil’s find in Suriname’s offshore Block 52 has promising potential to become a natural gas development, according to the state-owned oil company Staatsolie. Current models of the Guyana-Suriname Basin, as well as discoveries made to date, indicate substantial volumes of both associated and non-associated gas. We believe that natural…
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Report suggests more investments eyesonsuriname Amsterdam, 15 july 2023— In order to develop Suriname’s rich offshore oil potential, a higher level of financing is required and its state-owned company Staatsolie is readying itself to ensure it is prepared. Outlined in its updated 2022 Annual Report, Staatsolie said it has amended and extended its corporate loan…
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TotalEnergies suffers investor revolt over climate goals eyesonsuriname Amsterdam, 27 May 2023 –Over 30% back activist motion against French oil group at annual meeting as police use tear gas against protesters A large group of TotalEnergies shareholders has urged the French oil and gas company to speed up efforts to switch to cleaner energy at…
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