Suriname has launched a pre-distribution programme of its future oil revenues, offering a $750 bonus to more than 570,000 citizens well before the start of offshore production scheduled for 2028.
Suriname has launched a pre-distribution programme of its future oil revenues, offering a $750 bonus to more than 570,000 citizens well before the start of offshore production scheduled for 2028.
The United States has strengthened its support for Guyana amid Venezuela’s claims over the Essequibo, warning Caracas of a military response in case of aggression targeting the territory or American oil interests.
The United States has strengthened its support for Guyana amid Venezuela’s claims over the Essequibo, warning Caracas of a military response in case of aggression targeting the territory or American oil interests.
During a visit to Guyana, U.S. Secretary of State Marco Rubio announced that any Venezuelan attack on the territory or oil infrastructure of Guyana would trigger a military response, heightening regional tensions.
During a visit to Guyana, U.S. Secretary of State Marco Rubio announced that any Venezuelan attack on the territory or oil infrastructure of Guyana would trigger a military response, heightening regional tensions.
Suriname plans to drill at least 10 offshore wells by 2026, with investments estimated at $9.5 billion, aiming to exploit significant oil reserves and attract foreign capital.
Suriname plans to drill at least 10 offshore wells by 2026, with investments estimated at $9.5 billion, aiming to exploit significant oil reserves and attract foreign capital.
Energy Minister Marc Ferracci reaffirmed his opposition to reopening the debate on oil exploration in France. Despite proposals from Overseas Minister Manuel Valls, the government is prioritizing a decarbonization strategy aligned with its international commitments.
Energy Minister Marc Ferracci reaffirmed his opposition to reopening the debate on oil exploration in France. Despite proposals from Overseas Minister Manuel Valls, the government is prioritizing a decarbonization strategy aligned with its international commitments.
Manuel Valls calls for a debate on banning oil exploitation in Guyana, while Minister of Ecological Transition, Agnès Pannier-Runacher, opposes, emphasizing the consistency of France's environmental commitments.
Manuel Valls calls for a debate on banning oil exploitation in Guyana, while Minister of Ecological Transition, Agnès Pannier-Runacher, opposes, emphasizing the consistency of France's environmental commitments.
Shell plans to drill four offshore wells in 2025 in Block 65, while Petronas explores new gas resources in Block 52, highlighting Suriname's energy potential.
Shell plans to drill four offshore wells in 2025 in Block 65, while Petronas explores new gas resources in Block 52, highlighting Suriname's energy potential.
Suriname and China have signed an agreement to reschedule $475 million in debt, marking the first step in revitalizing the South American country's economy, which remains in crisis despite its vast oil reserves.
Suriname and China have signed an agreement to reschedule $475 million in debt, marking the first step in revitalizing the South American country's economy, which remains in crisis despite its vast oil reserves.
TechnipFMC and Saipem secure contracts exceeding one billion dollars each for TotalEnergies’ offshore oil project, GranMorgu, aimed at exploiting fields off the Suriname coast.
TechnipFMC and Saipem secure contracts exceeding one billion dollars each for TotalEnergies’ offshore oil project, GranMorgu, aimed at exploiting fields off the Suriname coast.