eyesonsuriname 1. Collaborative Talks Begin Suriname, a South American nation with ambitious energy goals, has embarked on a journey of collaboration. Its state-owned oil company, Staatsolie, has initiated discussions with global oil giants Exxon Mobil and TotalEnergies. The objective? To jointly develop natural gas fields that straddle the maritime borders shared with neighboring Guyana. These…
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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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Report suggests more investments eyesonsuriname Amsterdam, 15 july 2023— In order to develop Suriname’s rich offshore oil potential, a higher level of financing is required and its state-owned company Staatsolie is readying itself to ensure it is prepared. Outlined in its updated 2022 Annual Report, Staatsolie said it has amended and extended its corporate loan…
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For Whom and When ? eyesonsuriname Amsterdam, 9 May 2023– Suriname’s state oil company Staatsolie Maatschappij Suriname N.V., TotalEnergies Suriname and QatarEnergy signed production sharing contracts for offshore blocks 6 and 8 on Monday May 8, 2023. In 2021, a Shallow Offshore Bid Round was completed offshore the South American country. Production Sharing Contracts (PSCs) have already…
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Suriname oil finds eyesonsuriname Amsterdam, Jan 20 th 2023 – 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 fraction of what is believed to be held in the Suriname basin. There should be much, much more. Seismic…
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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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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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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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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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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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