Suriname president plans to share future and upcoming oil wealth eyesonsuriname Amsterdam, 26 november 2024– All Surinamese adults to receive payment from recently discovered oil and gas reserves – ‘no one will be left behind’ Suriname’s president has announced a program of “royalties for everyone” as the South American nation plans for a boon from recently discovered oil and…
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or 110 Billion US$ Brazilian Oil and Gas Exploration eyesonsuriname Amsterdam, 22 november 2024– Brazil’s oil and gas giant, Petrobras plans to spend US$ 111 billion [ or 106.546.362.096,00 Euros ] in the next five years between 2025 and 2029, with US$ 77 billion of this total earmarked for oil and gas exploration and production activities, according to a securities filing, and…
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eyesonguyana Amsterdam, September 24th, 2024 – In 2015, Guyana’s fortunes changed dramatically with the discovery of vast offshore oil reserves. This small South American nation, known for its lush rainforests and diverse culture, suddenly found itself on the brink of an economic transformation. The potential for wealth was immense, but so were the risks. The…
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French Group invests in Brazil eyesonbrasil Amsterdam, 24 september 2024 — Nestled between one of the Americas largest cities, São Paulo, and the Atlantic Ocean, the Port of Santos is a sprawling port that continues to grow. It is the second busiest container port in Latin America after Panama’s Port of Colón and acts as the…
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Not only Oil & Gas eyesonsuriname Amsterdam, 23 August 2023 — An effort by Suriname to secure payment for its own forest cover – with a potential assist from recently discovered offshore oil and gas – is well on its way. The country is currently sizzling and we’re not only talking about the outside temperature. Transition finance is…
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So is neighbour Guyana eyesonsuriname Amsterdam, August 3rd, 2024– There is a very strong possibility Suriname could become a strong and pivotal oil and gas development player the coming years. With the potential to significantly influence global energy dynamics, according to Mr. Patrick Jelinek, a well known source in the Oil and Gas environment. According to Mr. Patrick Jelinek, the cards Guyana holds at this point of the game are so strong it’s difficult…
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and Common Sense eyesonsuriname Amsterdam, 19 june 2024– Suraya Jiawan-Nanan, Chief Executive Officer (CEO) of Haukes Construction Company in Suriname, is urging local businesses to elevate their standards to meet international requirements as the country prepares for a surge in its oil industry. Jiawan-Nanan, at the recent Suriname Energy Oil and Gas Summit, emphasized that achieving…
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Economic Development Suriname may take off eyesonsuriname Amsterdam, June 5th 2024– According to TotalEnergies, an agreement was concluded between Staatsolie NV of Suriname and the French Oil and Gas company on the field development area, maximizing the value for Suriname and the Block 58 co-venturers over the 25 years Production Period. In addition, the hull for…
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Latest Global Fossil Fuel Players eyesonsuriname Amsterdam, 27 May 2024– Namibia has the potential to replicate Suriname’s and Guyana’s success in the oil sector, said NJ Ayuk, Chairman of the African Energy Chamber. In a recent conversation with Petroleum Economist’s editor-in-chief, Paul Hickin, Ayuk praised the new oil rich countries for their rich geological resources but…
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Hopeful signs for the country eyesonsuriname Amsterdam, 20 may 2024–Petronas’ Roystonea-1 and Fusaea-1 discoveries in Block 52 offshore Suriname are estimated to hold recoverable resources approaching 400 million barrels, according to new numbers released by UK-based consultancy group Wood Mackenzie. “This could be enough to support an FPSO [floating production storage and offloading vessel] with…
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