Latest News

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ExxonMobil advances offshore buildout as support work continues across Guyana’s growing FPSO network

ExxonMobil Guyana is advancing a new round of offshore development and infrastructure work in the Stabroek Block, with maritime notices issued this month showing...
NewsOilNOW -

Venezuela comeback faces Guyana oil challenge

Going back to Venezuela might be a stretch for big oil with other more attractive places nearby like Guyana. That was the assessment from Texas-based...
NewsOilNOW -

Guyana’s oil fund received US$9.7B since deposits started in 2020

Guyana’s Natural Resources Fund (NRF) has received approximately US$9.73 billion (G$2.03 trillion) in oil revenues since the country began receiving petroleum proceeds in 2020,...
NewsOilNOW -

SBM Offshore, Solstad Offshore team up on next-generation deepwater vessel for 2029 debut

SBM Offshore and Solstad Offshore have formed a joint venture to develop a next-generation multi-purpose deepwater installation and construction vessel, with delivery targeted for...
NewsOilNOW -

Safety, quality and reliability remain critical for Guyanese suppliers, says Baker Hughes

Guyanese suppliers seeking work with tier one oil and gas companies must meet strict safety, compliance, quality, and reliability standards, Baker Hughes Caribbean Area...
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Trending | Suriname

Latest News

NewsOilNOW -

ExxonMobil advances offshore buildout as support work continues across Guyana’s growing FPSO network

ExxonMobil Guyana is advancing a new round of offshore development and infrastructure work in the Stabroek Block, with maritime notices issued this month showing...
NewsOilNOW -

Venezuela comeback faces Guyana oil challenge

Going back to Venezuela might be a stretch for big oil with other more attractive places nearby like Guyana. That was the assessment from Texas-based...
NewsOilNOW -

Guyana’s oil fund received US$9.7B since deposits started in 2020

Guyana’s Natural Resources Fund (NRF) has received approximately US$9.73 billion (G$2.03 trillion) in oil revenues since the country began receiving petroleum proceeds in 2020,...
NewsOilNOW -

SBM Offshore, Solstad Offshore team up on next-generation deepwater vessel for 2029 debut

SBM Offshore and Solstad Offshore have formed a joint venture to develop a next-generation multi-purpose deepwater installation and construction vessel, with delivery targeted for...
NewsOilNOW -

Safety, quality and reliability remain critical for Guyanese suppliers, says Baker Hughes

Guyanese suppliers seeking work with tier one oil and gas companies must meet strict safety, compliance, quality, and reliability standards, Baker Hughes Caribbean Area...
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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 touts low-cost, low-carbon edge as it considers incentives for offshore gas

Suriname is positioning its offshore sector as a low-cost, low-carbon investment opportunity as it considers incentives to attract more oil and gas exploration capital,...
News

Brunings says concerns over proposed Suriname radioactive storage site will inform review process

Işıl Güneş -
PARAMARIBO, SURINAME - Halliburton's plans to establish a storage facility for radioactive sources used in oilfield operations in Houttuin...
News

TechnipFMC and TotalEnergies complete testing for advanced subsea system ahead of Suriname deployment

OilNOW -
TechnipFMC and TotalEnergies have completed stack-up and system integration testing for a shallow-water production christmas tree (XT) tied to...
News

‘It’s interesting to see how Guyana picked up on local content’ – Anne Wijdh urges similar gains for Suriname

Trichell Sobers -
Guyana’s investment in education and workforce development in its oil and gas sector offers a model that Suriname should...
News

Financial Times spotlights Suriname’s oil ambitions and the risks behind the “new dawn”

Işıl Güneş -
PARAMARIBO, SURINAME – The Financial Times has released a documentary examining Suriname’s emerging offshore oil sector, describing the country...
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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

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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...
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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...
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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, ExxonMobil make third Block 52 discovery offshore Suriname 

Petronas has added to Suriname’s oil bounty with a new discovery in Block 52 at the Fusaea-1 exploration well.  The prospect is located about 170...
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...
Discoveries

Petronas, Exxon hit oil jackpot with second discovery at Block 52 offshore Suriname

OilNOW -
Petronas Suriname has announced a major oil discovery at the Roystonea-1 exploration well in block 52.  The successful drilling, carried...
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Sponsored Content

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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 GameIşıl Güneş -

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...