Our Scans · Suriname · Weekly Summary

• Balancing carbon credit sales with oil reserves could undermine Suriname's net carbon removal status and complicate environmental commitments. Global Indian Network
• South America's offshore oil and gas sector is on a promising trajectory, with Brazil leading the way and countries like Guyana, Argentina, and Suriname offering significant growth opportunities. GEP
• Deepwater will continue to thrive, although at a slower pace, and deepwater investments are expected to increase by 3%, driven by developments in Suriname, Mexico and Turkey. AAPG Explorer
• Assets in the Equatorial Margin are in the exploration phase and show excellent potential as demonstrated by the projects in Suriname and Guyana. Yahoo News
• Significant investment in international submarine capacity will supercharge connectivity across the Caribbean and South America, particularly benefiting French Guiana, Suriname, Guyana and Trinidad & Tobago. Demerara Waves Online News- Guyana
• The Global El Nino Southern Oscillation Analysis Cell has identified nine countries within Latin America and the Caribbean (LAC) that are at high risk of humanitarian impact: El Salvador, Guatemala, Honduras, Nicaragua, Colombia, Guyana, Peru, Suriname, Venezuela. ReliefWeb
• Suriname's Local content policies should provide U.S. companies with a framework to enter Suriname that is transparent, realistic and achievable, and create opportunities for the local workforce. U.S. Embassy in Suriname
• Venezuela got a six-month relaxation of US sanctions and could be on a slow comeback road to increase production in international oil markets, while Latin America, Guyana, Brazil and Suriname expand their oil production as they continue to develop offshore oilfields. Seeking Alpha
• Exploration and production (E & P) companies could look elsewhere for new investment to regional peers such as Guyana, Suriname and Trinidad and Tobago. Wood McKenzie
• Suriname is expected to submit projects for agriculture for financing by the Green Climate Fund, which makes resources available to smaller countries to mitigate the negative effects of climate change. climatetracker
• Countries at risk include Panama, Trinidad and Tobago, French Guiana, Guyana, Paraguay, and Suriname. Verywell Health
• Whereas oil production in Europe, Africa and Asia is set to decline over the next decade, South America's share of global output is expected to rise from 7.2% today to nearly 10% by 2030, mostly thanks to Brazil, Guyana and Suriname. The Economist
• While Brazil remains a major oil power at present, the development of oil fields in Guyana and Suriname has allowed oil and gas companies to develop a new oil region, with the potential for decades of more oil production. oilprice.com
• The marine channel and fan play will likely extend south from Suriname along the east coast of South America. Houston Geological Society
• Westwood anticipates 75-85 high-impact wells in 2023, with South America's Suriname-Guyana Basin and offshore Brazil a continued focus for drillers, and the first deepwater well will be drilled offshore Argentina. Offshore
• South America will continue to be a key region for high impact exploration in 2023, particularly in the Suriname-Guyana Basin and offshore Brazil. rigzone.com
• Inflation is expected to slow in 2023 across Latin America, with the possible exceptions of Suriname, Haiti, Cuba, Argentina and Venezuela. Transport Times
• Carbon negative countries will be able to monetise their surplus, and pioneers such as Bhutan, Suriname and Panama may find a particular niche in the global economy. The Earthbound Report
• Suriname is expected to see close to $23 billion in combined exploration expenditure and capital expenditure (capex) in its deepwater sector by 2031, putting it fourth in Latin America behind major oil and gas players Brazil, Mexico and Guyana. Hart Energy
• The recent huge oil finds by Guyana and Suriname are now believed to have the potential to significantly adjust that dynamic, particularly given the oil and gas supplies quandary created for the west and potentially for the United States by the Russia/Ukraine hostilities. Stabroek News

Last updated: 13 June 2025