Tag: Energy

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Concrete, concrete everywhere

Concrete, concrete everywhere

Reducing CO2 Production eyesonsuriname Amsterdam March 14th 2023— Whenever you travel and wherever you go and stroll between the towering apartment blocks of international cities like London, New York, Hong Kong, São Paulo or Singapore, famous for skyscrapers and brutalist complexes, everywhere you look you will see the grey, pockmarked façade of concrete.  Even the city’s more…
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The Massive Gas Field That Europe Can’t Use

The Massive Gas Field That Europe Can’t Use

Earthquake risks in the Netherlands have locals unwilling to plug the Russia-related energy shortfall. eyesonsuriname/ D Baazil Amsterdam, 20 Jan 2023 — Beneath the windmill-dotted marshlands of the Netherlands lies Europe’s largest natural gas reserve. The sprawling Groningen field has enough untapped capacity to replace, as soon as this winter, much of the fuel    Germany…
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Staatsolie Suriname

Staatsolie: Seismic tests, license awards, exploration on the cards for Suriname in 2023

eyesonsuriname/af Amsterdam, 6 January 2023–Suriname’s state energy company, Staatsolie, said offshore activity is being followed with great interest both locally and internationally. In 2023, the company expects there to be multi-block exploration, seismic tests, and new license awards. Suriname’s ongoing Demerara area competitive bid round involves six deepwater blocks. The blocks lie to the east…
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Potential Suriname/ Guyana Investments

Potential Suriname/ Guyana Investments

Hess Corporation Acts eyesonsuriname/antonfoek Amsterdam, 22 december 2022–Standard & Poor Global believes bid rounds in Guyana and Suriname will attract further investments that are needed to drive the development of a competitive global oil environment. Given the trail of economic damage left by the COVID-19 pandemic and the Russia-Ukraine war, industry players such as Hess Corporation have…
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The newest dawn

And new hopes eyesonsuriname.com Amsterdam/ Netherlands – Paramaribo, Suriname July 3d 2022–– A brand-new chapter dawns for Suriname, quickly becoming one of the hottest new oil exploration destinations on the globe. And its President, Chandrikapersad Santokhi has opened the floodgates, inviting investors from all and sundry to help develop and share the benefits of its emerging…
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STAATSOLIE NV

30 billion barrels of oil now estimated offshore Suriname eyesonsuriname Amsterdam, Netherlands / Paramaribo, Suriname July 3d 2022–– Suriname’s recent oil finds in Block 58 put the South American nation’s recoverable resource count at over five billion oil-equivalent barrels.  But that number is merely a tiny fraction of what is believed to be held in…
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Suriname Recovery

Possibly Bumpy days Ahead

Reform without unrest Part V Global Capital GC: What are the key reforms that this government has undertaken and how will they affect creditworthiness? Minister Achaibersing: We are not just fixing the roof. Given what we inherited, we are called upon to build new foundations. Under President Santokhi, our government has taken immediate steps to put…
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Suriname Economic Recovery

Economic Recovery Suriname After Chaos Previous Government

Restructuring before oil FID  Part IV Amsterdam, February 18th 2022 — GC: Indeed, the projections in the IMF programme do not consider recent major offshore oil discoveries, citing the absence of clear private sector investment plans to extract these resources. How close is a final investment decision (FID) from Total and Apache on their Suriname discoveries?…
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Suriname Oil Boom

Suriname and its Oil Boom

To be or not to Be  By Heike Meinhardt Amsterdam, February 18th 2022– Given that the IMF, IDB and World Bank are supposed to help Suriname resolve its debt crisis, pushing over $1 billion in new debt worsens the problem. Upholding policies for big oil profits is reckless for Suriname’s finances and devastating for the climate.…
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Rudoph Elias Optimism

Optimism in Guyana and Suriname

Development Caution Required  Amsterdam, December 30th 2021– The South American neighbors of  Guyana and Suriname have emerged as the two most exciting oil-producing provinces of the Latin America and Caribbean region.  But with renewed calls for a quick transition to renewables given the troubling impacts of climate change over the last decade, a cloud of worry…
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