Suriname's Oil Industry Poised for Significant Growth
Monday, 28 April 2025 () After ExxonMobil’s swathe of world-class discoveries in Guyana’s offshore Stabroek Block, the Guyana-Suriname Basin emerged as the world’s hottest drilling location. While Guyana’s economy is booming, becoming an oil superpower, neighboring Suriname has yet to benefit from the basin’s immense hydrocarbon potential, despite world-class oil discoveries in offshore Block 58. Suriname, a small country with a population of less than 700,000, which is among South America’s poorest, is believed to possess petroleum…