Suriname
Coverage of Suriname in the Nexus archive.
- Suriname Bet Its Bondholders on Oil It Has Not Pumped Yet
Suriname resolved a debt crisis through a first-of-its-kind bond linked to oil reserves it plans to pump by 2028. The innovative financial arrangement is being adopted as a model by other low-income countries.
- Georgetown Becomes the Stage for the Caribbean’s Energy Rise
The Caribbean Energy Week 2027 launches on July 20 in Georgetown, Guyana, hosted by Guyana with offshore oil production averaging nearly one million barrels daily. Suriname is advancing its GranMorgu project, and Trinidad and Tobago are also involved.
- Suriname Passes Its 2026 Budget and Bets on State-Firm Reform
Suriname’s National Assembly approved the 2026 state budget with a vote of 31 to 16. Finance Minister Adelien Wijnerman stated the government will strengthen public finances and improve management of state companies ahead of the oil era.
- Suriname Draws Its First Oil Bidder as It Chases Guyana’s Boom
Suriname's state oil firm Staatsolie received its first offshore oil bid for Sector 4 on June 17, opening a 90-day window for competitors to submit proposals by September 15. The move reflects Suriname's efforts to capitalize on regional oil exploration success, similar to Guyana's recent boom.
- Suriname’s First Offshore Oil Project Moves From Plans to Steel
Suriname's first offshore oil project is advancing as Saipem begins subsea work on the TotalEnergies GranMorgu field. The project remains on track for first oil production in 2028.
- Suriname Gas Find Lifts Petronas Past a Billion Barrels Offshore
A new offshore gas discovery in Suriname has enabled Petronas to surpass a billion barrels in one block. Suriname is considering a decision on its first gas project by 2026.
- Suriname Accused of Spending Its Oil Windfall Before the First Barrel
Suriname's economists’ association disputes the government's reported 2026 budget deficit, claiming it is 7.7% of GDP instead of 5.1%. The discrepancy arises because the government counts borrowing as income, hiding a larger shortfall when this is excluded.
- Suriname Struck Oil — Now the Fight Is Who Keeps the Money
Suriname discovered oil and is hosting the SEOGS energy summit with a local-content forum, but lacks a local-content law unlike Guyana, leaving oil participation determined by contract clauses. The IMF highlights the GranMorgu project's potential economic impact.
- Suriname’s Oil Dream Inches Closer as a Gas Project Joins It
Suriname's first major offshore oil project is halfway completed, and a new gas field is progressing, though mixed drilling results indicate the expected windfall is uncertain.
- Hormuz closure sparks global pitchfest on energy
Multiple countries are seeking U.S. support to address energy supply disruptions caused by the Strait of Hormuz closure. Suriname's minister highlighted offshore gas potential and U.S. investment opportunities, while the Trump administration emphasized diversifying energy sources and strengthening security. The Development Finance Corporation's expanded role is seen as a tool for financing global energy projects.
- Silky anteater puts on a show for the cameras in Suriname
A silky anteater was filmed in Suriname, putting on a show for the cameras. The article highlights the unique appearance and behavior of the anteater. The event took place in Suriname, showcasing the country's diverse wildlife.
- Silky anteater puts on a show for the cameras in Suriname
A silky anteater was spotted in Suriname and put on a show for cameras. The anteater's appearance was a notable event. The species is native to Central and South America.