Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
Suriname’s upstream enters new era
The country’s offshore basin remains highly competitive and attractive to IOCs, despite the presence of some geological challenges
Venezuela casts shadow over Guyana’s bright oil future
But 1m b/d production could be just a few years away if geopolitical risks subside
Eco Atlantic sees promise on the frontiers
The independent tells Petroleum Economist it sees further opportunities in Guyana, South Africa and Namibia
Guyana yields more discoveries
Two more finds have been made at the upstream frontier’s prolific Stabroek block
Apache ups Suriname spending
The US independent will be more active in the frontier province for the rest of the year
Hess set for more Guyana benefits
The Stabroek block’s impact on the US independent’s business is only set to grow
ExxonMobil maintains breakneck Stabroek pace
The major will proceed with Yellowtail, its largest Guyanese project to date
Frontera aims to rebuild production
The Colombia-focused operator forecasts a partial rebound in production this year and is hopeful about exploration offshore Guyana
Eco Atlantic expands Guyana acreage
The independent is doubling down on its investment in Guyana with the acquisition of JHI Associates
TotalEnergies announces ‘significant’ Suriname discovery
The news again highlights Suriname’s potential as a frontier basin
Suriname Guyana
Charles Waine
19 November 2020
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Bright future for Suriname and Guyana

Expectations are high after a string of upstream successes and both governments ending their political impasses

Crumbling oil prices and volatile energy demand have tipped Latin America into a sharp recession, exacerbated by one of the world’s worst Covid-19 mortality rates. But in Suriname and Guyana, at least, there are reasons to be cheerful. Although both countries face stark economic challenges, they have emerged from electoral turmoil with new governments eager to develop their hydrocarbon resources. And their shared offshore basin has added a further six major oil discoveries in 2020, confirming the region’s position as a global upstream hotspot. Political developments have brought much-needed stability. English-speaking Guyana emerged from over a year of uncertainty, sparked by a vote of no-co

Also in this section
Countdown to Mozambique LNG restart
25 July 2025
Mozambique’s insurgency continues, but the security situation near the LNG site has significantly improved, with TotalEnergies aiming to lift its force majeure within months
China creates two-tier oil dynamic
25 July 2025
There is a bifurcation in the global oil market as China’s stockpiling contrasts with reduced inventories elsewhere
Trump’s Russia threat rings hollow
24 July 2025
The reaction to proposed sanctions on Russian oil buyers has been muted, suggesting trader fatigue with Trump’s frequent bold and erratic threats
US oil sector faces complicated path
24 July 2025
Trump energy policies and changing consumer trends to upend oil supply and demand

Share PDF with colleagues

Rich Text Editor, message-text
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Rich Text Editor, txt-link-message
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search

  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search