Why ExxonMobil left Block 52 and what it means for Suriname
ExxonMobil’s decision to withdraw from its 50% stake in Suriname’s offshore Block 52 marks a key turning point for the company’s operations in the Suriname-Guyana ... Read More
TotalEnergies awards major contracts for GranMorgu offshore development in Suriname
The development of Suriname's GranMorgu offshore oil field has taken a monumental step forward as TotalEnergies awarded multiple high-profile contracts for the project. With significant ... Read More
TotalEnergies approves $10.5bn GranMorgu oil project in Suriname: A new dawn for the country’s energy sector
TotalEnergies, in partnership with APA Corporation and Staatsolie, has officially approved the Final Investment Decision (FID) for the $10.5 billion GranMorgu oil development offshore Suriname. ... Read More
FID on Block 58 development project offshore Suriname expected in Q4 2024
During the 2024 Suriname Energy Oil and Gas Summit, significant advancements were announced concerning the development of offshore Block 58. Senior Vice President Americas, Exploration ... Read More
TotalEnergies, QatarEnergy, and Petronas sign key contract for Suriname’s Block 64
TotalEnergies, in partnership with QatarEnergy and Petronas, has signed a production sharing contract for Block 64 with Staatsolie Maatschappij Suriname, the state-owned oil company of ... Read More
Petronas strikes oil in offshore Block 52 with Roystonea-1 well discovery
In a significant advancement for Suriname's hydrocarbon sector, Petronas has announced a new oil discovery within offshore Block 52 following the successful drilling of the ... Read More
IAMGOLD to sell Rosebel Gold Mines stake in Suriname to Zijin Mining
Canadian gold miner IAMGOLD Corporation has agreed to sell its 95% interest in Rosebel Gold Mines to Chinese mining company Zijin Mining Group for $360 ... Read More
Petronas announces Baja oil discovery in Suriname
Baja oil discovery in Suriname: Petronas said that its subsidiary Petronas Suriname E&P (PSEPBV) has announced an oil discovery in Suriname through the drilling of ... Read More
Maersk Valiant drillship : $24m contract extension awarded by TotalEnergies
Maersk Drilling has bagged a contract extension worth around $24.3 million for its Maersk Valiant drillship from TotalEnergies for drilling an additional well in Block ... Read More
Kosmos Energy to farm down offshore African exploration assets to Shell
Kosmos Energy has signed a deal worth up to $200 million with Dordtsche Petroleum Maatschappij (Shell), a fully-owned subsidiary of Royal Dutch Shell, to farm ... Read More