Latin America’s Next Oil Hotspot ...Middle East

Little known South American country Suriname, a Dutch colony which gained independence on 15 December 1954, is becoming one of the world’s hottest offshore drilling locations. The country shares the Guyana-Suriname Basin with former British colony Guyana and saw a series of high-quality oil discoveries made this year. Globally diversified oil producer Apache announced three major oil discoveries. All were made in offshore Suriname Block 58, in which Apache has a 50% interest with French supermajor Total owning the other half. The finds are…

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