Guyana-Suriname Basin Archives - Page 4 of 5

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

January 7, 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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No mentioning of Suriname

January 7, 2023

Investments Chevron and Exxon eyesonsuriname Amsterdam, 6 January 2023–Chevron Corp. and ExxonMobil – two of the biggest oil and gas majors on the globe have been pulling the plug on mega international projects to focus attention on more lucrative ventures in the Americas. The Wall Street Journal is deeming it “the era of retrenchment”. Both…
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Record Foreign Direct Investments for Guyana

December 24, 2022

Guyana leads the pack eyesonsuriname/ antonfoek Amsterdam, dec. 22, 2022–Foreign direct investment (FDI) in the Caribbean has seen some lean years and some bountiful years. 2020 was a brutal year due to the Covid-19 pandemic; 2021 was much better, with FDI bouncing back throughout most of the region. Significantly, Guyana, long one of the poorest…
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STAATSOLIE NV

July 4, 2022

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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China’s Greater Amazon Footprint

May 18, 2022

And in Suriname China has become a major stakeholder in the Amazon region’s infrastructure and exports. Its new domestic orientation to ‘ecological civilisation’ brings some hope of greening the trade partnership. Sarita Reed, Lulu Ning Hui/ Anton JieSamFoek Amsterdam, May 17 2022– Chinese investment in Brazil reflects “a marriage of interests”, according to Tulio Cariello, research…
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The Oil Curse

May 4, 2022

Stark Warning Guyana President Goes for Suriname as well Financial Times/ eyesonsuriname Amsterdam, May 4th 2022–The president of Guyana, the world’s fastest-growing economy, is inviting investors to back his ambitious vision to transform the small South American country into a regional health, education and transport hub with the help of burgeoning oil wealth. We’re investing tremendously…
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Perhaps, Quizás, Who Knows

April 21, 2022

Finally Hope for Suriname ? Only and Exclusively If Managed Well eyesonsuriname Amsterdam, April 21 2022– For the second time in history the U.S.of A., could perhaps play a role of importance in Suriname. The first time was when bauxite was discovered in the early 1900 hundreds and Suriname played a crucial part, by delivering aluminium…
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Heavier than expected investments in Guyana

April 6, 2022

Exxon-Mobil rolls out red carpet eyesonsuriname Amsterdam, April 6th 2022– American oil- and gas giant Exxon Mobil is investing heavily off the coast of Guyana expecting future production of some 1,2 million barrels per day of oil and gas by 2027. According to the company the fourth oil project production off Guyana will receive an extra…
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Guyana exploiting petroleum resources

March 20, 2022

Developing a new and modern economy eyesonsuriname Amsterdam, March 18th 2022– IDB President Mauricio Claver-Carone said Guyana should be more like Norway and not stall social, economic, cultural and creative developments like in the Middle East or Africa Committing to help the country develop its oil and gas resources while simultaneously transitioning to clean energy,…
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Possible Troubles in the Guyana Basin

March 18, 2022

Old Wounds never Die @eyesonsuriname Amsterdam, 18 March 2022–Venezuelan leader Nicolás Maduro and opposition leader Juan Guaidó disagree on much. But last month, the two opponents agreed on at least one thing — where Venezuela’s border begins — and neighboring Guyana is not happy. During talks in Mexico brokered by Norway, Maduro and Guaidó agreed…
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