Suriname Hopes To Become South-America’s Newest Oil Exporter ...Middle East

As Guyana prepares to become a major oil production nation the spotlight is firmly on the Guyana-Suriname Basin and the former British colony’s neighbor Suriname. After decades of poor drilling results, ExxonMobil’s slew of large high quality oil discoveries in Guyana’s offshore Stabroek Block has reignited interest in the Guyana-Suriname Basin’s oil potential. Suriname, which shares the basin estimated to hold up to 32.6 billion barrels of oil resources, is desperately seeking to replicate Guyana’s success after the…

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