Tag: Big Oil

Investment Opportunities

Ranking for success and fame is best

Now the rest eyesonsuriname Amsterdam, 12 dec 2023– Since the recent oil discoveries in the Guyana-Suriname Basin and Guyana’s colossal oil boom and skyrocketing economic growth, Suriname is impatiently watching this mouthwatering opportunity that is presented to them as well. With TotalEnergies and Apache offshore oil discoveries in Block 58, Suriname became more optimistic about…
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Why Suriname may and could matter

Why Suriname may and could matter

eyesonsuriname Amsterdam, 15 nov 2023– according to the United States Geological Survey, an estimated 13.6 billion barrels of oil and 32 trillion cubic feet of natural gas could lie in the Guyana-Suriname Basin, making it the 2nd most prospective, underexplored offshore oil basins in the world.  Experts have long suspected that the basin may share a similar…
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Petronas: Suriname has a major oil discovery at the Roystonea-1 exploration well in block 52

Petronas: Suriname has a major oil discovery at the Roystonea-1 exploration well in block 52

eyesonindonesia The successful drilling, carried out in an offshore location about 185 kilometers from the coast and at a water depth of 904 meters, has revealed several oil-bearing campanian sandstone reservoir packages, the company announced on November 2.  The Roystonea-1 well reached a total depth of 5,315 meters. Petronas said that the discovery is poised…
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Suriname’s oil-driven development dilemma

The carbon negative South American country bides its time ahead of potential oil boom The FDI angle: In early June, Suriname’s state-owned company Staatsolie hosted an energy, oil and gas summit in the capital, Paramaribo. The aim was to “bring Suriname to the attention of the world” and promote investment into the country’s nascent offshore…
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Total CEO for Suriname visit, oil development discussions high on agenda

All details will be revealed to Suriname’s President on Block 58’s development prospects, said TotalEnergies’ Chief Executive Patrick Pouyanné.  Speaking at the Barclays CEO-Energy Power Conference being held in New York, Pouyanné said that the oil field is big enough “to launch a sizeable deepwater development” but held other details close.  He is due for…
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Venezuela’s Oil Industry Is Broken

Now It’s Breaking the Environment Isayen Herrera // Sheyla UrdanetaPhotographs // Adriana Loureiro Fernandez Gas flares and leaking pipelines from Venezuela’s once-booming oil industry, hobbled by U.S. sanctions and mismanagement, are polluting towns and a major lake. Each morning, José Aguilera inspects the leaves of his banana and coffee plants on his farm in eastern Venezuela…
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