Rules of the Game

Rules of the Game

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

Işıl Güneş -
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 production story and Suriname’s emerging offshore push.  On January 29, the Senate adopted a member’s bill...
Rules of the Game

Local Content in Suriname: What the law already says and what to expect next

Işıl Güneş -
PARAMARIBO, SURINAME – When offshore oil is discovered, the first question for Surinamese citizens is often simple: what will they get out of it? Local content has become the shorthand answer for every country. It refers to jobs for...
Rules of the Game

From Ministry of Natural Resources to Ministry of Oil & Gas and Environment: What does this change really mean

Işıl Güneş -
PARAMARIBO, SURINAME – Suriname published a new State Decree S.B. 2025 No. 124 on October 22, with the name of ‘Decree on Task Description of Ministries 2025’ taking effect retroactively from July 16th, 2025. At first, it appears to...
Rules of the Game

How exploration and production are governed in Suriname

Işıl Güneş -
PARAMARIBO, SURINAME – Suriname’s petroleum industry is governed by the Petroleum Law of 1990, enacted in 1991 (S.B. 1991 no. 7) and amended in 2001. This framework has shaped how oil and gas resources are managed, licensed and developed...

Latest News

NewsOilNOW -

Guyana could get over US$10B annually from Stabroek Block by 2030 – Exxon official

Guyana could receive more than US$10 billion annually from the Stabroek Block by 2030, according to ExxonMobil Guyana Limited...