Paramaribo, Suriname – Suriname’s recent oil finds in Block 58 put the South American nation’s recoverable resource count at over five billion oil-equivalent barrels. But that number is merely a tiny fraction of what is believed to be held in the Suriname basin. Seismic data obtained by Staatsolie, Suriname’s National Oil Company (NOC), suggests that … Continue reading Massive 30 billion barrels of oil now estimated offshore Suriname – Staatsolie VP