Suriname’s Oil Boom May Not Materialize Until 2027
By late 2022 there were considerable concerns and doubts surrounding Suriname’s burgeoning offshore oil boom. Conflicting drilling results and seismic data saw 50% partners in Block 58 offshore Suriname Apache and TotalEnergies delay their financial investment decision, known as a FID. It is estimated that it could take as much as $10 billion to successfully develop the block, justifying the energy companies caution. That development is threatening Suriname’s burgeoning oil boom with the tiny South American nation thought…For Feedback and Comment, write to us on hello@newswire.ae
