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…
Read more
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…
Read more
eyesonindonesia In a world thirsting for sustainable mobility, the German company Nanoflowcell has cast a stone into the waters of innovation, creating ripples that promise to transform the landscape of transportation. Their pioneering 48V electric car, the QUANT, isn’t just another electric vehicle (EV); it’s a harbinger of a future where the oceans themselves fuel…
Read more
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…
Read more
Plus 12.5 trillion Cubic Feet of Gas eyesonsuriname Amsterdam, 20 May 2024–The Consultancy Group of Wood Mackenzie has put Suriname’s oil resource count at more than 2.4 billion barrels and its natural gas resources at 12.5 trillion cubic feet (tcf). Based on WoodMac’s numbers, assuming one trillion cubic feet of gas equals 176 million barrels of…
Read more
Growing exploration activities eyesonsuriname Amsterdam, 27 april 2024– Hess Corporation said exploration activities are planned this year for two Suriname blocks in which it holds stakes – Block 42 and Block 59. The note is part of the company’s annual report filed with the U.S. Securities and Exchange Commission. Block 42’s previous operator, Kosmos Energy, had drilled…
Read more
eyesonguyana Amsterdam, 27 april 2024–ExxonMobil’s Chief Executive Officer (CEO) and Chairman of the Board, Darren Woods, hailed Guyana’s oil story as one that will be well remembered in the history of the oil and gas sector. “I believe Guyana will go down as one of the most successful deepwater developments in the history of the…
Read more
Rotterdam World Champion transportation into Europe a.oerlemans/eyesonbrasil Amsterdam, 26 april 2024– Brazilian development bank BNDES, the largest financier of renewable energy in the world is investing another 15 and 20 billion dollars per year until 2040 in green hydrogen and in improving ports to transport green hydrogen from Brazil to Europe. The South American giant, will produce…
Read more
Enormous Investments eyesonbrasil Amsterdam, 22 april 2024–Petrobras, Brazil’s state-controlled oil company, has unveiled plans for investments exceeding US$70 billion in exploration and production activities. Not too long ago, Petrobras already invested and focused heavily in pumping up oil, as well as take-overs in order to grow more. These investments aim to not only bolster the country’s…
Read more
Unlocking Sustainable Transportation eyesonindonesia 1. Indonesia Mass Transit (MASTRAN) Project Creating Pathways for Urban Mobility In a bustling archipelago like Indonesia, where vibrant cities pulse with life, the quest for sustainable urban mobility is paramount. The Indonesia Mass Transit (MASTRAN) Project, recently approved by the World Bank, aims to transform the way Indonesians move within…
Read more
