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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Solar replaces other energy sources eyesonsuriname/af Amsterdam, dec 27 th 2022– Monetary savings, when compared to electricity stemming from other sources, reaches up to 90%, Agencia Brasil reported Sunday about the increasing use of solar energy in South America’s largest country. The data was released by the Brazilian Photovoltaic Solar Energy Association (Absolar), the agency…
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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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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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Out of a Factory eyesonsuriname Amsterdam, 25 november 2022–US firm GOOD Meat invited a number of reporters to a tasting of “cultivated chicken” – what the industry is branding lab-grown meat that comes not from a living bird, but from a tank of chicken cells. This was a rare opportunity. Currently, the only place in the…
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Once Dormant Georgetown shifts gears eyesonsuriname Amsterdam, 25 november 2022– In just seven years, Georgetown has morphed into the oil capital of neighbouring Guyana in South America. Within its borders are several major shore base facilities such as G-Port and the Guyana Shore Base (GYSBI). It is also home to the headquarters of the Stabroek Block operator,…
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Chances For Paramaribo ( Hello Mr. Ramdin, President Santhoki are you listening ?? Hello…are you there ?? ) Part III eyesonsuriname H. W. French and Anton JieSamFoek Amsterdam, Nov 9 th 2022–It is not immediately obvious where the income necessary to sustain this kind of commercial strip comes from. Some surely derives from work in the offshore oil business based nearby,…
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Chances For Paramaribo ( Hello Mr. Ramdin, President Santhoki are you listening ?? Hello…are you there ?? ) Part II Eyesonsuriname H. W. French and Anton JieSamFoek Amsterdam, Nov 8th 2022 We followed a route traced out on a Michelin map. It did not take long to discover that many of the routes marked on the map in red –…
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Chances For Paramaribo ( Hello Mr. Ramdin, are you listening ?? Are you there?? Hello …) Part I By the end of the century, Africa will be home to 40% of the world’s population – and nowhere is this breakneck-pace development happening faster than this 600-mile stretch between Abidjan and Lagos. Eyesonsuriname H. W. French and Anton JieSamFoek…
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Revenues from the oil industry eyesonsuriname Amsterdam, 2 sept 2022– From 2022 through 2027, Suriname’s state oil company, Staatsolie, plans to expend an estimated US$1.5 billion as part of its Investment Program, the bulk of which will be for participation in offshore development. In its updated Strategic Roadmap, Staatsolie noted too that the funds will also be used…
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