TotalEnergies is preparing to make a $10-billion-plus final investment decision for a massive oil and gas development project offshore Suriname, as the French giant eyes Exxon’s success in maritime neighbor Guyana, Reuters reported on Monday, exclusively, citing unnamed sources. Earlier this month, TotalEnergies announced the launch of development studies for …
Read More »Exxon, Petronas Set to Extend Exploration Offshore Suriname
Exxon and Malaysia’s state-run Petronas will extend exploration for a gas discovery off the coast of Suriname, the country’s national oil company, Staatsolie, said on Monday. Eyeing a repeat of the huge oil and gas success in the same basin offshore Guyana, explorers in Suriname are also reportedly considering a …
Read More »Total Makes Fresh Discovery Offshore Suriname
This latest discovery follows previous discoveries at Maka Central, Sapakara West, and Kwaskwasi announced in January, April, and July 2020, respectively. Total said on Thursday that the well was drilled by a water depth of about 725 meters and encountered a total of 63 meters net pay of hydrocarbons. This …
Read More »Exxon. Hess. Statoil Sign Oil Exploration Deals Offshore Suriname
Statoil. for its part. said on Friday that ``Block 59 is a potential extension of the trend on which the Liza discovery was made in neighboring Guyana.``
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