energy
Suriname’s Delayed Oil Boom Is Finally Ready for Takeoff
Oilprice.com
May 12, 2026 · 1 min listen
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Suriname’s Delayed Oil Boom Is Finally Ready for Takeoff
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The tiny impoverished South American country of Suriname has been battling for six years to launch a petroleum boom, which pundits believe will replicate neighboring Guyana’s oil rush. A combination of poor drilling results, high gas-to-oil ratio, and mismatched seismic data delayed the emergence of what could be South America’s last great offshore oil boom. Suriname’s favorable regulatory environment and low break-even prices, coupled with the recent price shock following U.S. and Israeli strikes on Iran, will drive greater investment…
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