Suriname's oil industry is set for a major boom following TotalEnergies' $10.5 billion investment in the GranMorgu project, with significant economic implications for the country.
The economy of now oil-rich Suriname is now being driven, significantly, by a World Bank strategy designed, the Bank says, to boost economic resilience and inclusive development in the country.
State oil company Staatsolie has predicted the project could generate as much as $26 billion, benefiting Suriname's economy and population of 650,000 through government royalties. The government ...
while contributing significantly to the local economy by creating over 6,000 jobs. This marks a major step for Suriname’s oil industry, leveraging advanced technologies to minimize greenhouse ...