Via Foreign Policy, a look at Suriname’s coming oil boom: As Paramaribo, Suriname, flooded with shin-high water during a rainstorm in June, hundreds of taxis jostled for space on a recently paved street on the outskirts of the capital city. Passengers in suits disembarked alongside an overgrown canal. The visitors, some of whom had come […]
Read more »Via Brazil Energy Insight, a report on Suriname’s oil industry: Suriname, struggling with political unrest and a debt crisis, pins hopes on its oil sector after TotalEnergies delayed the billion-dollar final investment decision for Block 58. Latest appraisal drilling confirms that Block 58 could contain as much as 6.5 billion barrels of exploitable oil resources, […]
Read more »Courtesy of The Financial Times, a report on Suriname’s unorthodox plan to finance the protection of its forests by trading ‘sovereign carbon’: When Guyana’s president was asked by a BBC journalist earlier this year about the South American country’s oil exploration and associated carbon emissions, the exchange heated up. “Let me stop you right there,” […]
Read more »Via The Guardian, commentary on how Suriname’s claim to fame as the most forested in the world already been fatally undermined by increased logging and mining: “Welcome to Suriname – the most forested country in the world!” reads a billboard above the entrance of Suriname’s international airport terminal. Numerous signs remind travellers that more than 90% of […]
Read more »Via Eurasia Review, a report on TotalEnergies growing activity in Suriname as it takes a new offshore exploration license: TotalEnergies’ presence in Suriname. Credit: TotalEnergies TotalEnergies and its partners QatarEnergy and Petronas have signed a production sharing contract for Block 64 with Staatsolie Maatschappij Suriname (Staatsolie), the State-owned oil company of Suriname. Block 64 was awarded […]
Read more »Via Oil & Gas Daily, an article on Guyana and Suriname resource potential: Emerging as potential oil powers while the world seeks to wean itself off planet-warming fossil fuels, poverty-stricken South American neighbors Guyana and Suriname say they have to cash in while they can. The former Dutch colonies are among the world’s most tree-covered countries, […]
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