Suriname’s GDP will expand at a brisk 55% annual clip in 2028 when offshore block 58 comes online, the IMF has predicted ...

Cecilia M. Bailliet, the UN Independent Expert on Human Rights and International Solidarity, highlighted Suriname's ...

French supermajor TotalEnergies is in the process of contracting a drilling rig to carry out a new exploration campaign ...

Suriname’s oil industry was not born until the first commercial discovery of oil in the Calcutta Field, located in the Saramacca District in northern Suriname in 1965 by Nederlandse Aardolie ...

Block 52 is located off the northern coast of Suriname and spans ... The Surinamese oil company further mentioned that developing an offshore gas field involves more complexities compared to ...

Staatsolie, Suriname’s national oil company, has the option to enter ... and appraisal campaign was completed in 2023. The fields hold recoverable reserves estimated at more than 750-million ...

The project closest to commercial production is a discovery made by Petronas with its partner Exxon in two Suriname blocks. According to Wood Mackenzie, production there could begin at a daily ...

TotalEnergies will start drilling for oil and gas in Block 64 offshore Suriname in May, a company executive told Reuters this week, saying the company was currently tallying the final tab for the ...

The announcement regarding a timeline for the commencement of drilling marks a modest but important step in the overall process of Suriname joining Guyana in the global group of oil- producing ...

Neighbouring Suriname may be on the cusp of joining Guyana as an oil-rich country even though as the French company TOTAL moves to deliver ‘first oil’ to the country reports of severe drought ...

Exploration and development of oil and gas resources in the ex Dutch colony of Suriname, now an independent country, was the main point of the agenda addressed by Brazilian foreign minister Carlos ...