News

PARAMARIBO, SURINAME – Guyana remains the Caribbean's most promising offshore exploration market despite already becoming the region's leading oil producer, according to S&P Global Energy. In fact, the firm estimates there are more than 90 prospects in the country with...

Offshore construction is now underway on Suriname’s first major oil development, with Saipem launching operations for the GranMorgu project in Block 58.  The Italian engineering and offshore services company announced on June 23 that its multipurpose construction vessel, Normand Navigator,...

ExxonMobil Guyana marked International Women in Engineering Day on June 20, with its BuildHer initiative in Corriverton, Berbice, Region Six (East Berbice-Corentyne). It brought together more than 100 students from Grades six to 11, enrolled in the company’s Family...

PARAMARIBO, SURINAME – Guyana will formally object through diplomatic channels to the use of a map depicting the New River Triangle as part of Suriname during the opening ceremony of the Suriname Energy, Oil and Gas Summit (SEOGS) 2026,...

PARAMARIBO, SURINAME – The opening of the Suriname Energy, Oil and Gas Summit (SEOGS) 2026 placed strong emphasis on preparing Surinamese citizens to benefit from the country's emerging offshore energy industry, with President Jennifer Geerlings-Simons calling on young people...

President of Suriname, Jennifer Geerlings Simons moments ago said Petronas informed her just this morning that it made another discovery at Block 52. Simons made the announcement during her keynote address at the opening ceremony of the Suriname Energy, Oil...

PARAMARIBO, SURINAME – Years of underinvestment across the global oil and gas supply chain have created structural constraints that are keeping project costs elevated, according to S&P Global Project Analyst Magda Rodriguez. Speaking during a Tuesday presentation titled "Upstream at...

PARAMARIBO, SURINAME – TotalEnergies is incorporating a range of innovations into its GranMorgu offshore development, according to TotalEnergies EP Suriname Managing Director Artur Nunes da Silva. He said TotalEnergies evaluates new technologies based on the value they deliver in...

Suriname’s first major offshore oil development will be a central focus at the Suriname Energy, Oil and Gas Summit (SEOGS) 2026, with the GranMorgu project placed prominently on the agenda as the country moves from discovery toward project execution...

PARAMARIBO, SURINAME - Commewijne Port Facility N.V. expects the first phase of its offshore shore base in Suriname to begin operations by the end of 2026, as construction advances on the jetty, yard, warehouse, office complex, and related support...