Suriname steps out of the shadows
Latin American nation becomes latest upstream hotspot on further exploration success
A second major oil discovery offshore Suriname has reinforced hopes that the country can emulate the upstream successes of neighbouring Guyana, even as economic gloom has descended across much of the global energy sector in recent weeks. Total, together with its US independent partner Apache, announced on 2 April a significant find at their Sapakura prospect, not far from the Guyana maritime border. The discovery was the consortium’s second in block 58 following drilling in early January at the Maka prospect. The results from both, while still preliminary, suggest extensive offshore reserves and could attract a wave of further exploration. “The presence of hydrocarbons in place in stacked ta
Also in this section
28 April 2026
The key energy player faces balancing regional routes, political complexities, and creating a clear strategic vision for energy security
24 April 2026
The European Commission’s response to the Middle East crisis is to double down on its transition strategy, with plans for a new target on electrification
24 April 2026
A major new discovery by Eni and BP that can likely be fast-tracked to production is welcome news for Egypt as it scrambles to plug a widening supply gap and deal with rising import risks
24 April 2026
Countries in the region are turning to the cleaner-burning fuel for power generation, driving demand for imports
