Oil Majors Are Eyeing A Suriname Offshore Increase


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RIO DE JANEIRO, BRAZIL – (Oilprice.com) Majors are eying Suriname as the following large oil participant. With current success in neighbouring Guyana, Suriname provides hope for low-cost oil exploration and manufacturing going into 2021. Exxon Mobil, Royal Dutch Shell, Complete, Apache are all displaying curiosity within the South American state, hoping Suriname will present oil for as little as US$30 to US$40 a barrel due to decrease manufacturing prices. That is effectively beneath the typical US manufacturing value of virtually US$50 per barrel.

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After years of political unrest, Suriname is raring to make a reputation for . . .

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