Latest News

NewsOilNOW -

Trinidad oil output projected to climb to 74,600 b/d by 2029 – Energy Minister

Trinidad and Tobago’s oil production is projected to recover over the next three years, moving from years of decline to a stronger outlook by...
NewsOilNOW -

MODEC says Guyana, Brazil’s low production costs supports continued FPSO investment

Offshore oil developments in Guyana and Brazil remain among the world's most competitive, with production costs low enough to support continued investment in floating...
OpinionsOilNOW -

Letter to the Editor: Local content must also mean business discipline

Dear Editor, I read the report that more than 10,000 Guyanese have received training through the Centre for Local Business Development, and I think it...
NewsOilNOW -

Suriname not ready for first oil, says participants at SEOGS 2026

PARAMARIBO, SURINAME — Suriname is still far from ready for the major developments that the oil and gas sector will bring starting in 2028....
NewsOilNOW -

Latin America’s offshore rig count drops to 27

Latin America averaged 27 active offshore drilling rigs during the first five months of 2026, according to a July 2 report by the Energy...
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Trending | Suriname

Latest News

NewsOilNOW -

Trinidad oil output projected to climb to 74,600 b/d by 2029 – Energy Minister

Trinidad and Tobago’s oil production is projected to recover over the next three years, moving from years of decline to a stronger outlook by...
NewsOilNOW -

MODEC says Guyana, Brazil’s low production costs supports continued FPSO investment

Offshore oil developments in Guyana and Brazil remain among the world's most competitive, with production costs low enough to support continued investment in floating...
OpinionsOilNOW -

Letter to the Editor: Local content must also mean business discipline

Dear Editor, I read the report that more than 10,000 Guyanese have received training through the Centre for Local Business Development, and I think it...
NewsOilNOW -

Suriname not ready for first oil, says participants at SEOGS 2026

PARAMARIBO, SURINAME — Suriname is still far from ready for the major developments that the oil and gas sector will bring starting in 2028....
NewsOilNOW -

Latin America’s offshore rig count drops to 27

Latin America averaged 27 active offshore drilling rigs during the first five months of 2026, according to a July 2 report by the Energy...

Local Content

NewsValerie Fris -

Afreximbank opens direct financing pathways for Surinamese firms targeting oil and gas contracts

Afreximbank is positioning itself as a direct financing partner for Surinamese companies seeking to compete for oil and gas contracts, Acting Regional Chief Operating...

Latest News | Suriname

NewsOilNOW -

Suriname not ready for first oil, says participants at SEOGS 2026

PARAMARIBO, SURINAME — Suriname is still far from ready for the major developments that the oil and gas sector will bring starting in 2028....
News

Staatsolie seeks competing bids for offshore exploration block in Sector 4 after receiving proposal

OilNOW -
Staatsolie Maatschappij Suriname N.V. has opened a 90-day window for competing proposals after receiving an application for an offshore...
News

SEOGS 2026 closes with Suriname’s offshore focus moving from promise to execution

OilNOW -
PARAMARIBO, SURINAME - SEOGS 2026 closed in Paramaribo with a clear message: Suriname’s offshore opportunity is moving from promise...
News

Tenaris starts Suriname service center for GranMorgu offshore project

OilNOW -
Tenaris has started operations at a new service center in Paramaribo, Suriname, to support TotalEnergies’ GranMorgu offshore oil project. The...
News

OSRL workshop focuses on how Suriname should respond to an oil spill

OilNOW -
PARAMARIBO, SURINAME – On June 22 in Paramaribo, stakeholders gathered for a workshop focused on improving oil spill response...
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Exploration

ExplorationShikema Dey -

Suriname puts 60% of offshore basin on offer in new Staatsolie open-door program

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...
Exploration

Guyana-Suriname Basin, Brazil among busiest regions this year for high-impact drill campaigns

OilNOW -
High impact exploration drilling is expected to remain stable in 2025, with 65-75 wells targeted for completion, compared to...
Exploration

Noble Developer to drill three wells offshore Suriname

OilNOW -
Noble Corporation announced on Monday that it has entered an agreement with PETRONAS Suriname E&P B.V. for the high-specification...
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Production

NewsOilNOW -

Guyana, Suriname can meet 11% of mid-2030s LNG supply gap – WoodMac

Energy data analytics provider Wood Mackenzie said Guyana and Suriname can supply up to 12 million metric tonnes per annum (MMTPA) of liquefied natural...
News

SBM Offshore’s Fast4Ward hull reserved by TotalEnergies for Suriname’s first oil development

OilNOW -
TotalEnergies has reserved SBM Offshore's Fast4Ward® hull for its first development offshore Suriname. SBM Offshore made the announcement on Thursday. "SBM...
News

Trinidad hopeful existing gas infrastructure gives it edge over rising stars Guyana and Suriname

Kemol King -
Trinidad and Tobago's Minister of Energy and Energy Industries, Stuart Young, said the country is advantaged in terms of...
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Discoveries

DiscoveriesOilNOW -

Petronas makes another discovery in gas-rich Block 52

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...
Discoveries

Petronas, ExxonMobil make third Block 52 discovery offshore Suriname 

OilNOW -
Petronas has added to Suriname’s oil bounty with a new discovery in Block 52 at the Fusaea-1 exploration well.  The...
Discoveries

Petrobras replicates Guyana, Suriname success with second discovery at Potiguar Basin

OilNOW -
Petrobras has struck oil in a well located in Brazil’s Potiguar Basin, during a campaign it embarked on in...
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Sponsored Content

NewsOilNOW -

Invest in the Staatsolie-Bonds 2025-2033. Here’s how 

Staatsolie Maatschappij Suriname N.V. has issued new bonds aimed at raising at least US$250 million and €50 million to fund its involvement in the...

Opinions

Rules of the Game

Rules of the GameOilNOW -

Senate vote could open French Guiana to exploration – what it could mean for Guyana and Suriname

A vote in France’s Senate could ultimately reshape the competitive and geological landscape of the Guyana-Suriname Basin, with potential implications for both Guyana’s Stabroek-led...