New build projects drive the upcoming projects landscape in Asia-Pacific constituting 79% of the total projects across the oil and gas value chain.
Suriname aims to replicate Guyana’s oil success but faces challenges due to delays, commercial concerns, and global climate change efforts.
TotalEnergies and APA plan to make the final investment decision on the Block 58 project by the end of 2024, targeting first oil in 2028.
Suriname’s oil boom could transform the country’s economic fortunes, ending its protracted crisis and lifting it out of poverty.