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Suriname celebrated the signing of the Final Investment Decision (FID) between Total Energies and its partners for offshore oil production yesterday. On the surface, this is a monumental achievement that could potentially transform the country's economy. It symbolizes the entry into the league of oil-producing nations, a milestone that has been long anticipated. However, while there is reason to congratulate ourselves, it is essential to reflect on whether we are genuinely prepared for the significant changes this FID represents. Is it a real congratulations? The FID undoubtedly opens the door to an economic boom, but it also raises crucial questions about the country's readiness. The potential influx of wealth can either be a catalyst for sustainable development or a source of mismanagement if we are unprepared. A critical examination of our institutions and systems suggests that we may not yet have the solid frameworks necessary to handle this massive shift. The pressing question is: are we ready for the economic influx? Suriname's institutions and systems, particularly in the areas of governance, finance, and education, must be robust enough to manage both the benefits and the challenges of an oil-driven economy. As of now, concerns about institutional capacity remain. Do we have strong enough tax and regulatory frameworks to ensure that the oil revenues are equitably distributed and managed transparently? Are there measures in place to prevent the common pitfalls of oil-rich nations, such as corruption, environmental degradation, and economic inequality? Further, are there enough institutes and systems in place? While the oil sector is ready to ramp up, the supporting infrastructure may not be. Education and vocational training systems need to evolve rapidly to supply the industry with skilled workers. Economic diversification is crucial to prevent an over-reliance on oil, which could destabilize the economy in the future. Our financial systems need to be able to absorb and channel the inflow of capital in ways that benefit the broader economy, not just the elite. In conclusion, while the signing of the FID is a reason for cautious optimism, it is also a call to action. Suriname needs to critically assess and strengthen its institutions, governance, and education systems to handle the economic influx responsibly. The time to prepare is overdue (so we need to catch up fast!)—before the revenues start flowing. Only then can we truly congratulate ourselves on a sustainable and prosperous future. #Suriname

Suriname celebrated the signing of the Final Investment Decision (FID) between Total Energies and its partners for offshore oil production yesterday. On the surface, this is a monumental achievement that could potentially transform the country's economy. It symbolizes the entry into the league of oil-producing nations, a milestone that has been long anticipated. However, while there is reason to congratulate ourselves, it is essential to reflect on whether we are genuinely prepared for the significant changes this FID represents. Is it a real congratulations? The FID undoubtedly opens the door to an economic boom, but it also raises crucial questions about the country's readiness. The potential influx of wealth can either be a catalyst for sustainable development or a source of mismanagement if we are unprepared. A critical examination of our institutions and systems suggests that we may not yet have the solid frameworks necessary to handle this massive shift. The pressing question is: are we ready for the economic influx? Suriname's institutions and systems, particularly in the areas of governance, finance, and education, must be robust enough to manage both the benefits and the challenges of an oil-driven economy. As of now, concerns about institutional capacity remain. Do we have strong enough tax and regulatory frameworks to ensure that the oil revenues are equitably distributed and managed transparently? Are there measures in place to prevent the common pitfalls of oil-rich nations, such as corruption, environmental degradation, and economic inequality? Further, are there enough institutes and systems in place? While the oil sector is ready to ramp up, the supporting infrastructure may not be. Education and vocational training systems need to evolve rapidly to supply the industry with skilled workers. Economic diversification is crucial to prevent an over-reliance on oil, which could destabilize the economy in the future. Our financial systems need to be able to absorb and channel the inflow of capital in ways that benefit the broader economy, not just the elite. In conclusion, while the signing of the FID is a reason for cautious optimism, it is also a call to action. Suriname needs to critically assess and strengthen its institutions, governance, and education systems to handle the economic influx responsibly. The time to prepare is overdue (so we need to catch up fast!)—before the revenues start flowing. Only then can we truly congratulate ourselves on a sustainable and prosperous future. #Suriname #FID

Namibia onshore wildcat set to kick-off within two weeks - Upstream Online: Namibia onshore wildcat set to kick-off within two weeks  Upstream Online

Project of Cap des Biches 300MW / SENEGAL

📢 Anybody can share personal experience of deling with #program that compensates 80% of the costs for #humanitariandemining of #agriculturalland ? 💡 Ukraine has launched a program that compensates 80% of the costs for humanitarian demining of agricultural land. Farmers can apply for compensation through the Humanitarian Demining Center. Applications are open to those planning to start demining their own plots or working on rented land via the State Agrarian Register. The Humanitarian Demining Center processes these applications and announces tenders in the Prozorro system. Certified mine action operators can participate, setting the demining costs through open auctions. #agro #ukraine #mineaction #humanitariandemining #dlf

For 30 years, Ravva has been more than just Cairn’s first offshore oil field; it has become a symbol of innovation and self-reliance, beginning our journey of #30YearsOfEnergisingIndia Ravva has been at the forefront of pioneering technologies such as 4D seismic and Enhanced Oil Recovery (EOR). It is the first asset to deploy an independent jack-up rig in the basin. Alongside our technical advancements, we have left no stone unturned in building a sustainable ecosystem for thousands of migratory birds, reptiles, and insects within its greenbelt including 86 acres of mangroves. We are committed to achieving Net Zero by 2030 and #TransformingEnergyResponsibly. #FueledByCairn #Ravva #RavvaDay #OilField #Aatmanirbharta #EnergySecurity #Offshore #MangrovePlantation #Sustainability #TransformingThePlanet

DID YOU KNOW? Most dams in uMngeni-uThukela Water’s area of operation are above 80% of full supply capacity, except for Ludeke, Hazelmere, Imvutshane dams due to safety reasons and Spring Grove Dam from which water is pumped to support uMngeni System. #DAMMONDAY #damsafety #KeepChildrenOffDams #makewatersafetyyourpriority

🔩🌍 Resilience in the Harshest Conditions: The Great SLB Team in the Neuquén Basin 🌨️🚀 In the energy industry, sustainability is not only about preserving our resources, but also about adapting and thriving in challenging environments. This photo captured at the rig is a testament to the industry's ability to maintain critical operations under extreme conditions. ❄️ With sub-zero temperatures, low visibility, and an unforgiving environment, the team continues drilling with efficiency and precision. Human and technological resilience come together to prove that even in the most adverse circumstances, we can move forward responsibly and sustainably. 🌱 Sustainability is not just about being green, it’s about adaptation. Every day, we learn to operate more efficiently, minimizing environmental impact while maintaining the highest levels of safety and productivity. 🔧 These kinds of challenges drive us to innovate and strengthen our commitment to responsible energy, ensuring a sustainable future for all. #Resilience #SustainableEnergy #ExtremeDrilling #SLB #IndustrialSustainability #Innovation 📸 Credit: Joel Gonzalez

Angola Red - Landrace Strain Despite their moderately short flowering period and abundance of stigmas, Angola Red sativas are a favorite among cultivators due to their adaptability. They have been successfully grown in cold and humid-temperate climates, thriving at elevations ranging from 1300 to 2500 meters above sea level. Even at the lower end of this range, they exhibit remarkable resilience, withstanding high humidity and drought conditions with ease. #angolared #angolaredseeds #landracestrain #cannabis #weed #marijuana https://lnkd.in/e2m26u4x

Dentons Delany facilitated a collaboration between Seven Seas Water Group (SSW), and the Antigua Public Utilities Authority (APUA) on the signing of a 12-year Build-Own-Operate-Transfer agreement for the construction of two new seawater reverse osmosis (SWRO) plants. These plants will be strategically located adjacent to the existing facilities at Ffryes Beach and Ivan Rodrigues, utilizing some of the existing infrastructure. Implementation of the new plants will occur in two phases, with Ffryes Beach expected to commence water production within seven months of signing the agreement, and Ivan Rodrigues eighteen months later. This new venture will not only address the need to meet the increasing water demand, and expansion of water production sources. But also, significantly contributes to expanding and improving the local water infrastructure, combining a total of three million imperial gallons of daily drinking water production capacity to the people of Antigua. Marking a crucial enhancement of increased production capacity to meet the growing demand spurred by increased tourism, cruise ship arrivals, and economic activity on the island. Progressing this collaboration ensures a quick, reliable, and cost-effective water production source, fostering a strong, local, long-term partnership. The official press release from SSW can be viewed here. #DentonsDelany #AntiguandBarbuda #infrastructure