Suriname Plans Major Offshore Oil Production to Boost Economy by 2028

Suriname, known as the world's most forested country and carbon-negative, is poised to become a major oil producer with its first offshore oil platform launching in 2028, which will significantly boost its economy but challenge its climate-positive status (Article 1). Meanwhile, the Gulf Cooperation Council (GCC) states face a complex energy transition as their oil and gas exports decline and climate pressures mount; they are employing strategic foresight frameworks to navigate this shift towards sustainability and new energy technologies like hydrogen (Article 5). Security concerns in the Gulf region have intensified following Israel's unexpected attack on Hamas leaders in Qatar, raising doubts about U.S. protection guarantees despite a strong American military presence; this incident has led Gulf states to reconsider their security alliances and explore alternative partnerships (Articles 2 and 4). Energy market dynamics continue to be shaped by multiple forces including structural trends, investment cycles, and weather impacts, with oil and gas expected to remain economically significant for decades despite the energy transition (Article 3). Together, these developments highlight a period of significant economic, environmental, and geopolitical change in key energy-producing regions.