Suriname president plans to share future and upcoming oil wealth eyesonsuriname Amsterdam, 26 november 2024– All Surinamese adults to receive payment from recently discovered oil and gas reserves – ‘no one will be left behind’ Suriname’s president has announced a program of “royalties for everyone” as the South American nation plans for a boon from recently discovered oil and…
Read more
or 110 Billion US$ Brazilian Oil and Gas Exploration eyesonsuriname Amsterdam, 22 november 2024– Brazil’s oil and gas giant, Petrobras plans to spend US$ 111 billion [ or 106.546.362.096,00 Euros ] in the next five years between 2025 and 2029, with US$ 77 billion of this total earmarked for oil and gas exploration and production activities, according to a securities filing, and…
Read more
eyesonguyana Amsterdam, September 24th, 2024 – In 2015, Guyana’s fortunes changed dramatically with the discovery of vast offshore oil reserves. This small South American nation, known for its lush rainforests and diverse culture, suddenly found itself on the brink of an economic transformation. The potential for wealth was immense, but so were the risks. The…
Read more
eyesonguyana 1. Investing in Education and Skill Development One of the most effective ways President Irfaan Ali can ensure that the oil wealth benefits the local population is by investing in education and skill development. By creating programs that focus on vocational training and higher education, the government can equip Guyanese citizens with the skills…
Read more
A Vision for Sustainable Prosperity eyesonguyana Empowering Communities through Strategic Investments Steven Coutinho’s philosophy emphasizes the importance of empowering communities to drive sustainable development. Guyana can channel its oil revenues into creating high-paying jobs and fostering innovation in strategic sectors. By investing in education, healthcare, and infrastructure, the country can uplift its population, ensuring that…
Read more
And grabs opportunity eyesonsuriname Amsterdam, 12 August 2024– The Future of oil growth is, according to Global Data, most likely centered around the Suriname-Guyana basin. The oil and gas industry has long underpinned the global economy in general and with demand growing steadily except during the COVID-19 pandemic. Recent discoveries and massive oilfield reserves sustain global…
Read more
eyesonguyana Guyana plans to contract a survey to gather data in support of offshore exploration and future bid rounds. The Ministry of Natural Resources published a June 5 request for expressions of interest from “reputable and experienced” firms to conduct a 3D multi-client seismic survey offshore Guyana. The new notice said the objective of the…
Read more
eyesonguyana Amsterdam, 27 april 2024–ExxonMobil’s Chief Executive Officer (CEO) and Chairman of the Board, Darren Woods, hailed Guyana’s oil story as one that will be well remembered in the history of the oil and gas sector. “I believe Guyana will go down as one of the most successful deepwater developments in the history of the…
Read more
Enormous Investments eyesonbrasil Amsterdam, 22 april 2024–Petrobras, Brazil’s state-controlled oil company, has unveiled plans for investments exceeding US$70 billion in exploration and production activities. Not too long ago, Petrobras already invested and focused heavily in pumping up oil, as well as take-overs in order to grow more. These investments aim to not only bolster the country’s…
Read more
