HOUSTON, TEXAS (By Pietro D. Pitts, Editores Latin Petroleum, 11.Sep.2026, Words: 149) â In a significant step toward regional collaboration, Venezuela and Suriname signed an energy agreement that promises to transform hydrocarbon production in the region. The agreement looks to strengthening ties between the 2 countries South American countries. Venezuelaâs interim […]
Category: Suriname
PETRONAS reports record revenue of RM152.4bn in 1H:26Â
KUALA LUMPUR, MALAYSIA (By PETRONAS, 28.Aug.2026, Words: 744) â For the first half of the financial year ended 30 June 2026 (1H 2026), PETRONAS recorded revenue of RM152.4bn, reflecting disciplined and orchestrated execution, coupled with operational reliability and commercial excellence amid a challenging macro environment. PETRONAS remains focused on safeguarding energy […]
Venezuela and Suriname eye strengthening friendship, cooperation
CARACAS, VENEZUELA (By Piero Stewart, Energy Analytics Institute, 8.Aug.2026, Words: 113) â Over the week end, Venezuela and Suriname agree to continue strengthening friendship and cooperation. RELATED: ADNOC GAS DELIVERS RESILIENT Q2 NET INCOME, TAKES FID ON MAJOR GROWTH PROJECTS
Halliburton inks construction deals for GranMorgu offshore Suriname
HOUSTON, TEXAS (By Pietro D. Pitts, Energy Analytics Institute, 13.Jul.2026, Words: 284) â Halliburton won a major integrated well construction contracts for the GranMorgu deepwater development offshore Suriname, operated by France’s TotalEnergies. Halliburton will apply integrated digital workflows, real time data and remote operations control for drilling and completions to improve […]
PRESS DIGEST 13 JUL 2026: Rubio’s control over VEN; BRA diesel subsidy; El Niño in ECU
CARACAS, VENEZUELA (By Energy Analytics Institute, 13.Jul.2026, Words: 408) â The following briefs span company details on Brazil’s state-owned PETROBRAS, Halliburton, SLB, Liberty Energy, France’s TotalEnergies, Italy’s ENI, BMW Group, and EP Petroecuador, among others. The briefs are compiled from varied media outlets across the Latin America and Caribbean (LAC) region […]
Venezuela and Suriname officials discuss Caribbean cooperation
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 16.May.2026, Words: 197) â Venezuelaâs government, underling the interim leadership of Delcy RodrĂguez, announced plans to prioritizes direct dialogue and Caribbean cooperation. This time with Suriname and as RodrĂguez received Surinameâs the minister of foreign affairs, international trade and cooperation Melvin Bouva, […]
Subsea7 and SLB OneSubsea ink strategic collab with PETRONAS Suriname
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 7.Apr.2026, Words: 267) â Subsea7 signed a strategic collaboration agreement between PETRONAS Suriname E&P B.V., a subsidiary of PETRONAS and Subsea Integration Alliance (SIA), which comprises Subsea7 and SLB OneSubsea.  The agreement creates a long-term framework for close collaboration on field development […]
Noble reveals awards totaling $1.3bn, updates on Guyana, Trinidad and Suriname operations
MEXICO CITY, MEXICO and HOUSTON, TEXAS (By Editors at Energy Analytics Institute, 26.Jan.2026, Words: 610) â Noble Corporation plc announced new contract awards for 9 rigs comprising approximately $1.3bn of backlog, including a 3-year contract for the harsh environment semisubmersible Noble GreatWhite, which will expand the company’s existing Norway presence into […]
Staatsolie, BGP Offshore and TGS start Suriname shallow offshore seismic studyÂ
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 27.Nov.2025, Words: 419) â Staatsolie Maatschappij Suriname N.V., the Chinese Bureau of Geophysical Prospecting (BGP Offshore), and the Norwegian/American company Tomlinson Geophysical Services Inc. (TGS) started a joint seismic project in the Suriname shallow offshore area off the coast of Saramacca and […]
Staatsolie launches open-door offering for prolific Guiana Basin
PARAMAIBO, SURINAME (By Staatsolie, 24.Nov.2025, Words: 233) â Staatsolie launched its open-door offering, an initiative aimed at unlocking new exploration opportunities in the Guiana Basin, one of the worldâs most prolific hydrocarbon basins. Approximately 60% of Surinameâs offshore acreage is available, offering qualified Exploration and Production companies flexibility to access a […]
EAI brief: Staatsolie announces launch of open-door offering [video]
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 21.Nov.2025, Words: 81) â State-owned Staatsolie announced launch of Suriname’s open-door offering. The offering aims to offer investors opportunities to unlock new exploration opportunities in the Guiana Basin, one of the worldâs most prolific hydrocarbon basins. ____________________ By Piero Stewart reporting from […]
PETRONAS and Staatsolie declare commerciality for Sloanea field offshore Suriname
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 14.Nov.2025, Words: 315) â PETRONAS, through its wholly-owned subsidiary PETRONAS Suriname E&P B.V. (PSEPBV), together with Staatsolie Maatschappij Suriname N.V., achieved a significant milestone with the Declaration of Commerciality (DoC) of Sloanea field in block 52. RELATED: Staatsolie, PETRONAS, ExxonMobil Ink Block 52 LoA
Staatsolie inks contracts with Petronas and Chevron, advances âSuriname 3.0â
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 5.Nov.2025, Words: 515) â Staatsolie Maatschappij Suriname N.V. signed production sharing contracts (PSCs) for offshore Blocks 9 and 10. The contracts were signed on 5 Nov. 2025 with the operators PETRONAS Suriname E&P B.V. (block 9) and Chevron Suriname Exploration Limited (block […]
APA ups capital guidance for 2025 for GranMorgu project offshore Suriname
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 7.Aug.2025, Words: 200) â APA Corporation raised the full-year 2025 capital guidance for the 220,000 barrel per day (b/d) GranMorgu development offshore Suriname. Capital guidance was raised to $275mn, reflecting additional milestone payments expected in the second-half 2025 (2H:25), while the […]
Finland tops annual global mining survey rankings, Ethiopia ranks last
VANCOUVER, BC (By Fraser Institute, 29.Jul.2025, Words: 263) â Finland is the most attractive jurisdiction in the world for mining investment, followed by Nevada and Alaska, according to the Annual Survey of Mining Companies released today by the Fraser Institute, an independent, non-partisan Canadian policy think-tank. “The Fraser Institute’s mining survey is the most comprehensive report […]
EAI brief: TotalEnergies CEO on Suriname GranMorgu and Argentina blocks
ATLANTA, GEORGIA (By Chad Archey, Energy Analytics Institute, 24.Jul.2025, Words: 421) â TotalEnergies CEO Patrick Pouyanné said things were moving fast related to its GranMorgu project offshore Suriname while the company looked to allocate larger capital to Suriname Block 53. He also said a binding offer for the companyâs unconventional oil license […]
TotalEnergies reports strong 2Q:25 results [pdf download]
PARIS, FRANCE (By TotalEnergies, 24.Jul.2025, Words: 53) â TotalEnergies reported cash flow of $6.6bn in the second-quarter 2025, driven by production growth of its energies, demonstrating the companyâs robustness in a lower price environment and maintains shareholder returns. TotalEnergies continued to successfully execute its balanced multi-energy strategy, supported by sustained […]
Suriname inaugurates first female president Jennifer Geerlings-Simons
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 15.Jul.2025, Words: 180) â Venezuela’s executive vice president Delcy RodrĂguez participated in the 15 Jul. 2025 inauguration of Suriname president Jennifer Geerlings-Simons. The event, held at the Anthony Nesty Sports Centre in the capital, Paramaribo, brought together prominent personalities from the […]
Hess Corporation exits block 59 offshore Suriname
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 8.Jul.2025, Words: 364) â Hess (Suriname II) Exploration Limited will relinquish Block 59 in offshore Suriname on 8 Jul. 2025. The block will return to state-owned Staatsolie and become part of the open acreage. Hess fulfilled its minimum work obligations and […]
TotalEnergies acquires 25% interest in block 53 offshore Suriname
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 27.Jun.2025, Words: 215) â France’s TotalEnergies inked an agreement to acquire the 25% interest held by Moeve (formerly known as CEPSA) in block 53, offshore Suriname. As such, the French energy giant joins the US’ APA Corporation (operator, 45% WI) and […]
SBM inks contract for 220,000 b/d FPSO GranMorgu with TotalEnergies
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 19.Jun.2025, Words: 204) â SBM Offshore signed an operations and maintenance contract with TotalEnergies EP Suriname B.V., an affiliate of France’s TotalEnergies. The deal relates to the 220,000 barrel per day (b/d) floating production storage and offloading (FPSO) GranMorgu, as part of […]
Suriname: political renewal, hydrocarbons, and the perils of promise [pdf download]
HOUSTON, TEXAS (Editors at Energy Analytics Institute and Arko International, 18.Jun.2025, Words: 1,200) â Suriname â a small Caribbean country on South America’s northeastern coast â entered a new chapter on 25 May 2025, as national elections signaled potential political renewal amid rising economic expectations. Long overlooked by investors and […]
Staatsolie and PETRONAS ink PSC for deep offshore block 66
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 17.Jun.2025, Words: 315) â Staatsolie Maatschappij Suriname N.V. signed a production sharing contract (PSC) with PETRONAS Suriname E&P B.V. (PSEPBV) and Paradise Oil Company N.V. (POC) for Suriname’s deep offshore block 66. In the deal, PETRONAS, through PSEPBV, acquired the exploration, development […]
EAI’s Suriname NRG Prospector: TotalEnergies and APA eye GranMorgu [23pg pdf download]
PANAMA CITY, PANAMA (Editors at Energy Analytics Institute, 13.Jun.2025, Words: 6,000) â Nestled on the northeaster coast of South America, Surname is a small yet resource rich country poised to emerged as a vital player in the Latin America and Caribbean energy and extractive sectors. Recent developments offshore highlight the […]
EVENT SEOGS 2025: A new dawn in Surinameâs energy journey
PARAMARIBO, SURINAME AND HOUSTON, TEXAS (Editors at Energy Analytics Institute, 5.Jun.2025, Words: 382) â The Suriname Energy, Oil & Gas Summit & Exhibition (SEOGS) returns for its milestone fifth edition, taking place from 17-20 Jun. 2025 in Paramaribo. Hosted under the theme “A New Dawn,” the event arrives at a decisive point in […]
Staatsolie inks deals for $1.6bn syndicated credit facility for GranMorgu
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 23.May.2025, Words: 578) â Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) and African Export-Import Bank (Afreximbank), along with 16 other financial institutions reached an agreement with Staatsolie Maatschappij Suriname N.V. for a $1.6bn long-term senior secured financing facility. The credit facility, structured by […]
Trinidad looks towards Grenada and Suriname for energy deals
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 8.May.2025, Words: 360) â Natural gas-dependent Trinidad and Tobago is looking north and south of its maritime borders in search of potential energy deals with its Caribbean Community or Caricom partners Grenada and Suriname. This, according to Kamla Persad-Bissessar, the newly elected […]
TotalEnergies eyes Macaw-1, first of 5 exploration wells offshore Suriname in 2025
ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 5.May.2025, Words: 534) â France’s TotalEnergies looks to start drilling the Macaw-1 exploration well in Block 64, located offshore Suriname, by mid-May 2025. Macaw-1 will be the first of 5 offshore exploration wells slated to be drilled in 2025. If successful, the exploration […]
Noble highlights backlog of $7.5bn, recent awards in Suriname and Colombia
HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 28.Apr.2025) â Noble Corporation said its backlog as of 28 Apr. 2025 stands at $7.5bn. This figure assumes 40% of available performance revenue realized on a combined basis under recent long-term contracts, and excludes mobilization and demobilization revenue. Noble said that subsequent to […]
EAI’s 1Q:25 “NRG Prospector” full version [183-pg emag download]
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 3.Apr.2025, Words: 20,000) â Download Energy Analytics Institute‘s 183-page full version of the 1Q:25 NRG Prospector, which is only available to paying subscribers. And, this special price break ends soon. The 1Q:25 full version includes updates, analysis, features, commentaries and coverage from exclusive coverage […]
Marco Rubio visits presidents of Guyana and Suriname, sends warning to Maduro
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 27.Mar.2025) â US Secretary of State Marco Rubio visited Guyana and the country’s president Mohamed Irfaan Ali to discuss ways the 2 countries could strengthen their economic and security ties. Rubio also traveled to Suriname to discuss similar matters with that country’s […]
Staatsolie raises $211.7mn more than targeted with new bond issue
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 24.Mar.2025, Words: 534) â Suriname’s Staatsolie Maatschappij Suriname N.V. issued a new bond for $515.8mn on 23 Mar. 2025. This amount was $211.7mn more than the $304.1mn that was targeted.âŻâŻÂ In total, the Staatsolie Bond 2025-2033 raised $468.745.200mn and âŹ43,485,100 (equivalent to […]
Bristow highlights headwinds amid opportunities in Nigeria, Brazil and Suriname
HOUSTON, TEXAS (By editors at Energy Analytics Institute, 26.Feb.2025, Words: 393) â Bristow Group Inc., a global provider of innovative and sustainable vertical flight solutions, expects market conditions to remain constructive in 2025-26 amid headwinds facing the global energy sector. “Increased activity in the offshore energy industry, a tighter equipment […]
SLB Opens New Office in Paramaribo, Expands Presence in Suriname
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 26.Feb.2025) â SLB opened its new office in Paramaribo, Suriname. Operating for over 60 years in Suriname, this new office further strengthens SLB’s local presence and commitment to in-country value, SLB announced on 26 Feb. 2025 in an official statement. In Suriname, […]
Suriname overview: energy future looks bright
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 19.Feb.2025, Words: 1,500) â Suriname is located on the northern coast of South America, bordered by the Atlantic Ocean to the north, Brazil to the South, Guyana to the West and French Guiana to the East. Suriname is divided into several defined […]
CERAWeek by S&P Global Houston, 10-14 Mar. 2025
HOUSTON, TEXAS (S&P Global, 10.Feb.2025) â The 43rd annual gathering of CERAWeek by S&P Globalâthe world’s preeminent energy conferenceâwill convene energy industry leaders, experts, government officials and policymakers, as well as leaders from the technology, financial and industrial communities, 10-14 Mar. 2025 in Houston. CERAWeek 2025: Moving Ahead: Energy strategies for […]
Staatsolie issues new dollar and euro bond as it eyes $2.4bn stake in GranMorgu
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 31.Jan.2025, Words: 440) â Staatsolie Maatschappij Suriname N.V. launched a new bond to raise at least $250mn and âŹ50mn. Funds from the issuances will be used to support Staatsolie’s participation in the development of the GranMorgu offshore oil field in Block 58. The […]
Stena Drilling Inks 1 Well Contract with TotalEnergies Suriname
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 29.Jan.2025) â Stena Drilling was awarded a 1 exploration well firm managed pressure drilling contract for its Stena Drillmax in Suriname with TotalEnergies EP Suriname B.V. The program is expected to start in the second-quarter 2025, and also includes the opportunity to extend […]
EAI reveals 2025 editorial calendar and SPAD opportunities
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 29.Jan.2025, Words: 570) â Energy Analytics Institute (EAI), formerly LatinPetroleum.com, revealed its editorial calendar for 2025, which offers sponsorship and advertising (SPAD) opportunities to companies interested in the energy sectors in the Latin America and Caribbean (LAC) region in particular and the global […]
TotalEnergies Ups Reserves Estimate in Block 58
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 28.Jan.2025) â TotalEnergies SA said the Sapakara and Krabdagu oil discoveries offshore Suriname hold recoverable reserves estimated at nearly 760 million barrels, up from an earlier estimate of over 750 million barrels. The GranMorgu project in Block 58 will develop the Sapakara […]
LatAm NRG Heard: Mexico 2nd Energy Sector Laws, Drill Baby Drill’s Return
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Jan.2025) â LatAm and other NRG highlights, headlines and “heard on the street,” for the week ended 17 Jan. 2025. âArgentina: The gov’t of president Javier Milei is starting the privatization process for Argentina’s national highways and routes.
EVENT: Unlocking the Potential of Suriname
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 16.Jan.2025) â Under the theme “Unlocking the Potential of Suriname: A Path Towards Growth and Prosperity,” IBC 2025 in Paramaribo will bring together local and international stakeholders for a three-day B2B conference. The event will highlight investment opportunities, showcase innovative solutions, and foster […]
Staatsolie eyes raising $2.6bn to enter GranMorgu project offshore Suriname
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 2.Jan.2025, Words: 1,451) â Staatsolie Maatschappij Suriname N.V. plans to participate in the $10.5bn GranMorgu project in Block 58 with up to a maximum of 20% interest. And, as part of this decision, Staatsolie looks to procure its estimated commitment to the […]
EAI’s 4Q:24 NRG Prospector condensed version [emagazine download]
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 1.Jan.2025) â Download the 4Q:24 NRG Prospector eMagazine with updates, analysis, features, briefs and “heard on the street” from Argentina, Brazil, Bolivia, Canada, Chile, Colombia, Ecuador, Guyana, Mexico, Suriname, Trinidad and Tobago, the US and Venezuela, as well as Asia, Europe and Africa […]
Staastolie Eyes Revenues of $720mn and EBITDA of $600mn in 2024
CARACAS, VENEZUELA (Piero Stewart, Energy Analytics Institute, 30.Dec.2024) â Staatsolie Maatschappij Suriname N.V. expects its consolidated revenue will reach $720mn in 2024, down slightly compared to $722mn in 2023. Pre-tax profit is projected at $429mn in 2024, up compared to $426mn in 2023, while earnings before interest, taxes, depreciation, and […]
Staatsolie Provides Highlights of Key 2024 Activities
PARAMARIBO, SURINAME (Staatsolie, 30.Dec.2024) â With the approval of the development plan and the announcement of the final investment decision (FID) for a production field in Block 58, 2024 marked a historic milestone for Staatsolie Maatschappij Suriname N.V. and Suriname. The production and financial results of the past year confirm […]
High-impact Exploration Could Cut Scope 1 and 2 Emissions by 6% in 2030
(WoodMac, 21.Nov.2024) â Investment in oil and gas exploration has plummeted two-thirds in the last decade, but the industry still has a critical role to play in decarbonisation efforts and providing advantaged barrels in the energy transition, according to the latest Horizons report from Wood Mackenzie. According to the report, […]
ExxonMobil Withdraws from Suriname Block 52
(Piero Stewart, Energy Analytics Institute, 20.Nov.2024) â ExxonMobil Exploration & Production Suriname B.V. formally notified Suriname’s state-owned Staatsolie that it will withdraw from Suriname offshore Block 52 with an effective date of 14 Nov. 2024. The withdrawal is part of ExxonMobil’s ongoing evaluation of assets in its global portfolio, Staatsolie said […]
LatAm NRG matters: Mexico launches hydrocarbon sector strategy
HOUSTON, TEXAS (By Energy Analytics Institute, 15.Nov.2024, Words: 329) â LatAm NRG highlights, headlines and “heard on the street,” for the week ended 15 Nov. 2024. âArgentina: The Argentine govt changed the name of the Gasoducto NĂ©stor Kirchner to Gasoducto Perito Moreno.
Saipem inks $1.9bn contract for GranMorgu project offshore Suriname
CARACAS, VENEZUELA (Piero Stewart, Energy Analytics Institute, 14.Nov.2024, Words: 418) â Saipem has been awarded an $1.9bn EPCI contract by TotalEnergies subsidiary TotalEnergies EP Suriname B.V. for the subsea development of the GranMorgu project offshore Suriname. Saipemâs scope of work entails the engineering, procurement, supply, construction, installation, pre-commissioning and assistance […]