Regional

The disruption in the Strait of Hormuz is affecting global energy trade flows and could create export opportunities for Trinidad and Tobago, even as domestic risks remain, according to an April 9 note from the Energy Chamber of Trinidad...

Subsea7 announced on April 7 that it has signed a strategic collaboration agreement with PETRONAS Suriname E&P B.V., alongside Subsea Integration Alliance (SIA), for offshore field development work in Suriname. The agreement establishes a long-term framework for collaboration on multiple...

The Georgetown Chamber of Commerce and Industry (GCCI) on April 3, 2026 called on the Government of Guyana to halt discussions on the Corentyne River Bridge, citing concerns over Suriname’s recent actions affecting trade and development in Berbice. The chamber...

PARAMARIBO, SURINAME - Caribbean Energy Week opened on Tuesday in Paramaribo, Suriname, drawing regional leaders, investors and industry executives to discuss oil, gas and the energy transition. The event, held at the Royal Torarica ballroom, brings together stakeholders to examine...

Touchstone Exploration Inc. reported increased natural gas output in Trinidad and Tobago after bringing the Carapal Ridge 3 (CR-3) well on stream in the Central block. The company in a statement today, said the CR-3 well was successfully tied into...

President Irfaan Ali said the Guyana government has formally protested reported charges instituted by authorities in Suriname for the use of the Corentyne River, an issue affecting timber and quarry operators. The statement was made on March 26, 2026, via...

Staatsolie launched its new Open-Door Offering this morning, creating new opportunities for exploration and production companies to enter the Suriname-Guyana Basin. The initiative was formally announced by Managing Director Annand Jagesar, who stated, “This initiative opens new opportunities for...

Joint Statement - Meeting Between Jennifer Geerlings- Simons, President of the Republic of Suriname and Dr. Mohamed Irfaan Ali, President of the Co-operative Republic of Guyana in Nieuw Nickerie, Suriname Jennifer Geerlings-Simons, President of the Republic of Suriname and Dr....

Capital investment in Suriname’s upstream oil and gas sector is set to grow significantly, with spending projected to reach US$9.5 billion between 2024 and 2027, according to Rystad Energy. This surge is driven by the TotalEnergies-operated GranMorgu project and new...

Suriname is set for a wave of oil and gas exploration, with industry giants Shell, TotalEnergies, and Chevron leading efforts to tap into the country’s promising offshore reserves. Operators plan to drill around 10 wells between 2025 and 2027...