Africa’s biggest oil producer is struggling to attract investments into its energy sector whereas Suriname, a tiny South American country, is getting serious investment attention from one of the biggest oil majors in the world, TotalEnergies.
With a population of about 700,000 and less than 1 percent of Nigeria’s gross domestic product (GDP), Suriname has recently discovered significant offshore oil reserves, positioning it as a rising star in the global energy market, thanks to favourable, attractive investment conditions. Meanwhile, Nigeri