Suriname Prepares for South America’s Next Big Oil Boom

December 7, 2023
Posted by: AliensFaith
Category: OBJECTIVE PRESS

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After grappling with a lengthy political and economic crisis the government of Suriname pinned hopes of an economic recovery on a massive offshore oil boom. French supermajor TotalEnergies and APA Corporation have made five high-quality oil discoveries since 2020 in Suriname’s offshore Block 58. The discoveries ignited dreams of a transformational oil boom for the former Dutch colony. Two years ago, Paramaribo’s vision for replicating neighboring Guyana’s colossal offshore oil boom, responsible for the economy growing threefold…

Author: AliensFaith

HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

Suriname Prepares for South America’s Next Big Oil Boom

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