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April 30 (oilnow.gy) Staatsolie will host an in-person roadshow in Houston on May 26, 2026, to present Suriname’s Open-Door Offering to oil and gas companies. The event will run from 9 a.m. to noon CDT at The Post Oak Hotel at Uptown, 1600 W Loop S, Houston, Texas. Staatsolie said in an April 28 LinkedIn... Continue Reading →
April 23 (OE) Deepwater production continues to remain a core part of the long-term energy supply mix. While production from conventional onshore and shallow-water assets is expected to remain broadly flat under our base case, Welligence estimates that global deepwater oil production will grow from its current level of around 8 million bbl/d to close... Continue Reading →
April 22 (oilnow.gy) South America’s upcoming oil developments, including several in Guyana, are gaining increased importance due to recent developments in the Middle East, Norway-based Rystad Energy said in an April 21 analysis. “The Middle East conflict has done more than spike oil prices — it has exposed how dangerously concentrated global supply chains are... Continue Reading →
April 15 (oilnow.gy) The first subsea equipment for the GranMorgu offshore oil development has arrived in Suriname, as the project moves toward offshore installation. Block 58 operator TotalEnergies EP Suriname confirmed on April 14 that components of the long baseline (LBL) subsea positioning system were delivered at the end of March to the Dr. Jules... Continue Reading →
April 9 (oilprice.com) The latest global oil shock has created an ideal environment for Suriname’s struggling oil boom. The impoverished South American country of less than seven hundred thousand is endeavoring to launch a transformative oil boom. Poor drilling results, a high gas-to-oil ratio, and conflicting seismic data saw Suriname’s oil boom put on hold during 2022. There are,... Continue Reading →
April 8 (OE) SLB has signed an agreement between Petronas Suriname, a subsidiary of Petronas and Subsea Integration Alliance, comprising SLB OneSubsea and Subsea7. The partnership aims to unlock resources in Suriname’s emerging frontier basin through innovative and cost-effective subsea solutions. The agreement establishes a long-term framework for collaboration across the project lifecycle. This approach... Continue Reading →
April 6 (OE) Offshore drilling contractor Valaris has secured a multi-year contract extension with Petrobras offshore Brazil and entered into a strategic collaboration agreement with Petronas and Halliburton for offshore development in Suriname. The company said the drillship VALARIS DS-4 was awarded a 1,064-day contract extension with Petrobras, expected to begin in November 2027 in... Continue Reading →
April 1 (PN) Brazilian demand for platform supply vessels (PSVs) peaked at 140 vessel-years in 2025, driven by new offshore developments and high daily rates. This data comes from a survey by Rystad Energy, authored by Supply Chain specialists Victor Claro and Einar Michel. According to the consultancy, this scenario led shipowners to mobilize foreign-flagged... Continue Reading →
March 31 (oilnow.gy) The GranMorgu offshore project has entered full subsea build-out mode, with multiple subsea Christmas Trees (XTs) completed, according to a March 30 update by TotalEnergies Suriname General Manager Artur Nunes da Silva. The project recorded its first XT completion in December 2025. Since then, progress has accelerated. Nunes da Silva said, “We... Continue Reading →
March 4 (oilnow.gy) Rystad Energy said TotalEnergies’ GranMorgu development offshore Suriname will feature a 50,000 ton topside and gas-processing capacity of 500 million cubic feet per day (MMcf/d), underscoring the country’s emergence in the floating production, storage and offloading (FPSO) segment. In a February 19 report, Rystad Energy said, “TotalEnergies’ FPSO marks Suriname’s emergence in the FPSO... Continue Reading →
Brazil Energy Insight 