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Not all discoveries are developed, success not guaranteed – Bernstein analyst

An analyst at private wealth management company, Bernstein, says offshore exploration and production activities, including campaigns in the Guyana-Suriname basin where US oil major...

Offshore drillers look to Guyana, Suriname as global market struggles to...

(S&P Global) Off the coasts of Guyana and Suriname, exploration and production companies are turning to offshore drillers and services providers to help them...

Potential for giant oil and gas fields remains greatest on South...

The presence of giant oil and gas fields in South America, stretching all the way from the Santos basin in the south to the...

ExxonMobil has opened up a new oil province in South America...

Decades of failed attempts to find oil in the Guyana-Suriname basin saw companies bailing out and disappointment mounting, with many persons, ranging from laymen...

Potential for ‘prolific oil wells’ seen in historic discovery offshore Suriname

Apache’s historic oil discovery offshore Suriname has opened a new chapter in the potential of the Guyana-Suriname basin which the US Geological Survey (USGS)...

Explorers hopeful Suriname discovery signals extension of Stabroek mega oil play

Explorers have been looking closely at the multi-billion-barrel oil resource at Guyana’s Stabroek Block with hopes that this prolific petroleum system stretches across to...

CARICOM oil producing neighbours sign tourism pact

CARICOM oil producers Guyana and Suriname signed a tourism agreement on Monday in Paramaribo that is intended to boost efforts in both countries to...

Total enters multi-million dollar farm-in deal with Apache for Suriname acreage

French oil company Total (TOTF.PA) said on Monday that it would pay a bonus of $100 million as part of its previously announced deal...

Suriname nearshore drilling project ends with six dry holes

Suriname state oil company Staatsolie has ended its Nearshore Drilling project which got underway in April, after encountering 6 dry holes off the country’s...

All eyes on multi-billion-barrel Atlantic Margin play

Geologists and experts in the oil and gas industry have long been intrigued with similarities between the MSGBC Basin - Mauritania, Senegal, The Gambia,...