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Additional Upside Identified in Campanian and Santonian Horizons Exploration Results Support the Potential for a Successful Standalone Oil Resource Development Across the Corentyne Block from...
CGX Energy Inc. and Frontera Energy Corporation , joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana, are pleased to host a virtual ...
TotalEnergies' five major oil discoveries in Block 58 represent a transformative opportunity for Suriname to replicate Guyana’s oil boom and counter its economic crisis.
The small South American country of Guyana has joined the ranks of oil-producing heavyweights after ExxonMobil discovered a vast store of crude-oil reserves off its shores in 2015, and its GDP has soared. Can it avoid falling victim to the resource curse that has plagued nations in the same situation? Its leaders are determined that it will.
Despite earlier setbacks and an economic crisis, Suriname's oil development appears more promising with TotalEnergies resuming its billion-dollar project in Block 58 and APA Corporation reporting significant new discoveries.