Guyana would also benefit eyesonsuriname Amsterdam, November 8, 2024– Research agency Wood Mackenzie reports that Suriname and Guyana could together produce 12 million tons of liquefied natural gas (LNG) annually. This could also be supplied at a competitive price. Demand for LNG is expected to increase at the end of this decade, as the industry…
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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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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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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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