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Guyana welcomes massive expansion

Guyana welcomes massive expansion

January 2, 2024

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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Suriname awards deepwater blocks

Suriname awards deepwater blocks to TotalEnergies, Shell, Petronas, QatarEnergy

December 17, 2023

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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