Suriname News

 

Petronas Makes Oil and Gas Discovery Offshore Suriname

May 16, 2024

Petronas Suriname E&P, a subsidiary of Malaysia’s energy company Petronas, has made a third hydrocarbon discovery at the Fusaea-1 exploration well in Suriname’s Block 52.The discovery is located about 170 kilometers offshore and 9 kilometers east from Roystonea-1…

Noble Voyager to Drill Another Well for Petronas Offshore Suriname

Apr 03, 2024

Petronas Suriname E&P, a subsidiary of Malaysia’s state-owned energy giant Petronas, has exercised the option for Noble Corporation’s Noble Voyager drillship to drill one additional well offshore Suriname.The 7th generation drillship Noble Voyager…

Suriname Presses Exxon, TotalEnergies to Combine Gas Developments

Mar 20, 2024

Suriname's state-owned oil company Staatsolie has begun talks with oil majors Exxon Mobil and TotalEnergies to encourage joint development of natural gas fields that straddle its and Guyana's maritime borders, the head of its state oil firm told Reuters late Tuesday…

Blue Water Secures Logistics Deal for Noble Drilling’s Ops in Suriname

Mar 12, 2024

Blue Water Shipping, a global provider of tailor-made transport and logistics solutions, has secured a contract with Noble Drilling for its operations in Suriname, as Noble Voyager drillship embarks on an exploration campaign north of Paramaribo…

Noble and Petronas Agree Rig Swap Offshore Suriname

Jan 05, 2024

Offshore drilling contractor Noble Corporation and Malaysian oil company Petronas, through its subsidiary Petronas Suriname E&P, have agreed to rig swap for extended scope offshore Suriname.Based on an existing contract option, Noble and Petronas…

Petronas Inks Production Sharing Contracts for Two Blocks off Suriname

Dec 18, 2023

Malaysian oil company Petronas has signed production sharing contracts for Suriname’s offshore Blocks 64 and 64 with the country’s state-owned Staatsolie Maatschappij Suriname.Petronas Suriname E&P won the blocks, located in the Guyana-Suriname Basin…

QatarEnergy Signs Production Sharing Deals for Blocks Offshore Suriname

Dec 15, 2023

QatarEnergy signed two production sharing contracts on Friday relating to two marine areas off the coast of Suriname, rights to which it won during an auction held last June, the company said in a statement.'QatarEnergy will own a 30% working interest in block 64…

Petronas to Drill Two More Wells in Suriname

Nov 09, 2023

Malaysian oil company Petronas is planning to drill at least two additional wells offshore Suriname next year to gather more data for its field plans before making a final investment decision for its area, Block 52, state firm Staatsolie said on Thursday…

Suriname Offers 11 Offshore Blocks in Bidding Round

Nov 08, 2023

A unit of Suriname state-owned energy company Staatsolie on Tuesday launched a competitive bidding round for 11 offshore areas in the country, with bids to be submitted through May.The blocks, in the nearshore and shallow offshore areas, are…

Suriname State-oil firm Says Petronas Exploration Well Shows Promise

Nov 02, 2023

Malaysia's state-owned oil firm Petronas has discovered several oil-bearing layers in an exploration well off the coast of Suriname, state oil firm Staatsolie said in a statement on Thursday.Suriname's offshore exploration areas are adjacent to Guyana…

Suriname Proposes Exchange of $675M Bonds for Oil-linked Debt

Oct 25, 2023

Suriname offered late Monday to exchange $675 million of dollar bonds for new notes, the next step in negotiations after reaching a deal with its bondholders in May.The government offered holders of debt due in 2023 and 2026 to swap their notes for a new 10-year bond due July 15…

TotalEnergies to Evaluate $9 Billion Energy Project in Suriname

Sep 13, 2023

TotalEnergies will begin studies for developing a $9 billion oil and gas project at Suriname's most promising offshore area, the French energy firm said on Wednesday during a visit by its CEO to the South American country.CEO Patrick Pouyanne…

TotalEnergies CEO to Meet Suriname's President, Staatsolie Execs

Sep 13, 2023

The chief executive of French oil major TotalEnergies will meet Suriname's President Chan Santokhi on Wednesday to discuss a promising oil project that could inaugurate the South American country's offshore production.Suriname's Foreign Affairs…

TotalEnergies CEO Sees Sizeable Deepwater Development in Suriname

Sep 07, 2023

TotalEnergies' Chief Executive Patrick Pouyanne will visit Suriname next week with the possibility of 'good news' on developing oil projects in the South American country, he said on Wednesday at a conference.France's TotalEnergies and partner U…

APA's Appraisal Well Confirms Extension of Oil Resources Offshore Suriname

Aug 04, 2023

APA Corp. said on Wednesday its most recent appraisal well in Block 58 off Suriname's coast confirmed the extension of oil resources 14 kilometers from the discovery well.APA's exploration in Suriname has been closely watched as it could become Suriname's first commercial deepwater project…

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Adani Ports Sees Higher FY26 Revenue Growth on Robust Volumes

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