Tag Archives: Suriname

The Chief Executive Officer of Suriname’s state-0wned oil company, Staatsolie, has been boasting that his country has clinched a far superior production sharing agreement with TotalEnergies compared to Guyana’s with ExxonMobil and its co-venturers. He said while Guyana has 2 percent royalty and 50 percent profit split and no taxes, Suriname’s agreement provides for 6.25 percent royalty, profit split based ...

Trinidad and Tobago’s state-owned National Energy Company (NEC) has raked in profits ten times its expenses of setting up business in Guyana, that twin-island nation’s Energy Minister Stuart Young said Monday. Responding to questions in the Senate, he said the company earned US$5.3 million (TT$36,262,827). He detailed that NEC earned TT$350,000 (US$51,564.) for technical services, and TT$35,912, 363 (US$5,291,298) for ...

By Dr. Randy Persaud, Professor Emeritus We all love truth, but they are different kinds of truths. The truth most universally loved is moral and transcendental. We can call this truth in itself; it is spaceless and timeless. Then there is truth that is based on rationality. In this case, truth is based on cost-benefit analysis, on a logic of ...

ExxonMobil Guyana’s President, Alistair Routledge on Tuesday said Guyana should be concerned about a protection against an oil spill in neighbouring Suriname, even as he showcased a capping stack that is on standby to shut off any well blowout offshore. “When you do the modelling, Guyana should worry more about what happens in Suriname than what happens in Guyana so ...

President Irfaan Ali on Thursday said the Suriname government would be formally asked to explain why a number of detained Guyanese fishermen have been prevented from speaking with their lawyers. Minutes after he was briefed by Guyana’s Foreign Affairs Minister, Hugh Todd that lawyers, who were hired by the Guyana Embassy in Suriname, were prohibited from seeing the detainees, Dr ...

The future is here with best-in-class connectivity to French Guiana, Suriname, Guyana and Trinidad & Tobago Kingston, Jamaica – Tuesday, June 4, 2024 – Digicel Group on Tuesday announced the activation of its subsea fibre cable, Deep Blue One. The company said that “significant investment” in international submarine capacity will supercharge connectivity across the Caribbean and South America, particularly benefiting ...

The two Guyanese men, who were shot dead Monday night in Suriname, have been identified, police said. Guyanese police say the dead men were identified by Surinamese police as Oswick Bazilio also known as ‘One Foot’ and Jerimiah Smith. Smith was charged with marijuana trafficking in 2022.  The motive for the killing was not immediately known. The incident occurred on ...

Although Suriname has already said that the granting of fishing licences to Guyanese would be illegal, the Guyana government on Monday condemned Suriname’s harassment of Guyanese fisherfolk in the waters of that neighbouring country and lamented the apparent slothfulness in  sticking to an agreement to grant fishing boat licences to Guyanese. “The Government of Guyana condemns, in its strongest possible ...

Suriname’s Agriculture Minister, Rabin Parmessar is in Cuba to secure rice exports for next year.  That country’s ministry says it will do everything to make urea fertiliser and other inputs available at attractive prices and as soon as possible. Starnieuws reports Mr. Parmessar as saying Suriname — representatives of the rice sector and government — has been searching for new ...

Five Guyanese have been arrested by Surinamese authorities for allegedly illegally fishing in the waters of that former Dutch colony. Suriname’s news service, Starnieuws only identified the men as 58-year old Ricky E., 24-year old Jason, D., 47-year old Orrin B, 31-year old Mahindra T. and the captain 36-year old Sunil, P. The news service reports that they were arrested ...