Guyana Oil Fund at work eyesonsuriname Amsterdam, 20 feb 2023– US-based private financial and investment company, The Motley Fool, says ExxonMobil’s fifth development project off the coast of Guyana is a clear indication of the major’s confidence in the oil market. The Uaru development, set to deliver first oil in 2027, is expected to cost around…
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eyesonsuriname/s.coutinho Amsterdam, Feb 20th 2023–To our beloved Suriname: IMF has never ever brought solace anywhere, but we often think that “we” cannot do it. See result IMF Friday: looting just like Lebanon. Rate of 7.3 – 35 and inflation of 54%! And the pain will keep coming. Solution model Phase 1: (1-4 months) Alternative capital: find…
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Moodys evaluation eyesonsuriname Amsterdam, February 17, 2023 — Moody’s Investors Service (“Moody’s”) has changed the rating outlook on the Government of Suriname to stable from negative and has affirmed the Caa3 issuer and senior unsecured debt ratings. The main driver behind the outlook stabilization is Moody’s expectation that losses as a result of the ongoing…
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What next for emerging oil producing countries like Suriname? eyesonsuriname Amsterdam, Feb 16, 2023 — The global demand for fossil fuels appears to be almost stagnant. Thanks to solar panels, wind turbines and electric cars, the world will use less fossil fuels in the coming years. “It is only the first step in the energy…
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Five million euros eyesonsuriname Amsterdam, 8 Feb 2023 — The European Union has approved a grant of ten million euros for the project ‘Sustainable Forest Livelihood for communities of Guyana and Suriname’. The protection and sustainable use of the Amazon rainforest in Suriname and Guyana is the main goal of this project.The intention is that…
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Changing agreement would destabilize confidence eyesonsuriname Amsterdam, Feb 10 2023– ExxonMobil Guyana President, Alistair Routledge defended the stability of the Stabroek Block production sharing agreement (PSA) during a media conference in Georgetown on Thursday. We’ve made now over US$30 billion worth of investment to the country based on the contract as it stands. To change the…
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ch.kennedy /eyesonsuriname Amsterdam, 10 Feb 2023– APA Corporation has struck oil offshore Suriname in a deposit that could hold more than 200 million barrels in reserves. APA Corp. partners with TotalEnergies in Suriname, with a 50:50 split of the stakes in the project. So far, the two have drilled two appraisal wells and another two are…
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More than 30 discoveries offshore Guyana, ExxonMobil has a clear line of sight for the addition of six floating production, storage, and offloading (FPSO) vessels by 2027. Goal expected to see oil production exceeding 1.2 million barrels per day (bpd). All projects are to be located in the Stabroek Block, in which ExxonMobil holds a…
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200 million barrels ? eyesonsuriname Amsterdam, 9 feb 2023– APA Corporation on Wednesday announced the successful drilling and flow testing of the Sapakara South-2 (SPS-2) appraisal well. This is the second appraisal well to test the previously announced discovery. The well is located approximately 4.6 kilometers (3 miles) south of the Sapakara South-1 (SPS-1) appraisal…
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Application inescapable and necessary eyesonsuriname Amsterdam, Feb 7, 2023 — Artificial intelligence has been a hype lately. Programs such as chatbot ChatGPT and art generator DALL-E are in the news a lot. But AI is more than a gimmick and has the potential to change society and our lives. That is why work is being…
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