ExxonMobil and Petronas Discover Hydrocarbons in Block 52 off Suriname

ExxonMobil subsidiary ExxonMobil Exploration and Petronas Suriname Exploration & Production (PSEPBV) have discovered hydrocarbons offshore Suriname.
The companies have discovered hydrocarbons at the Sloanea-1 exploration well on Block 52.
Drilled by operator Petronas, the latest discovery is being examined to determine the well’s resource potential.
Block 52 covers an area of 4,749km² in the Suriname-Guyana basin. Water depths in the block range from 50m to 1,100m.
PSEPBV operates block 52 with a 50% equity while ExxonMobil holds the remaining 50%.
ExxonMobil senior vice-president Mike Cousins said: “Our first discovery in Suriname extends ExxonMobil’s leading position in South America, building on our successful investments in Guyana.
“We will continue to leverage our deepwater expertise and advanced technology to explore frontier environments with the highest value resource potential.”
According to ExxonMobil, the latest discovery further strengthens its portfolio alongside the success of its recent exploration in the same basin in Guyana.

About Parvin Faghfouri Azar

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