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 basin. The block, widely regarded as a high-potential asset for hydrocarbon exploration, has now transitioned fully into the hands of its operator, Malaysian state-owned oil company Petronas. This change, formalised […]
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 Roystonea-1 exploration well. This promising find was made by Petronas Suriname E&P, a subsidiary of the Malaysian energy giant. Suriname’s Hydrocarbon Landscape Bolstered by New Oil Find in Block 52 […]
