eyesonsuriname Suriname, a small South American nation, has emerged as one of the most promising new oil and gas provinces worldwide. Despite its size and population, Suriname has recently witnessed major discoveries in its territorial waters. As the global energy industry faces dynamic shifts, Suriname’s policymakers are planning sustainable gains from this volatile sector. Let’s…
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Developments Galore eyesonsuriname Amsterdam, Jan 2nd 2023– The year 2024 is expected to welcome a massive expansion of operations in Guyana’s oil and gas industry. New blocks will be awarded, oil developments will advance, and the prospect of gas development will shift into focus. Here is a list of what to expect: Signed contracts from offshore…
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Staatsolie, Suriname’s state oil company, announced on December 15, that it has signed three production sharing contracts (PSC) for the offshore deepwater blocks 63, 64, and 65. The blocks were part of the Demerara bid round held from November 2022 to May 2023. Staatsolie said the contracts from the bids were signed after negotiations with…
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