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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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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Fueling Economic Growth and Energy Security eyesonindonesia 1. Eni’s Geng North Discovery: A Game-Changer Indonesia has once again made headlines in the upstream exploration and production industry with Eni’s remarkable Geng North gas discovery in the ultra-deepwater Kutei Basin1. This significant find ranks among the top oil and gas discoveries worldwide this year. Let’s delve…
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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…
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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…
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