ExxonMobil is preparing exploration activities offshore Suriname, after signing a production sharing contract (PSC) with Suriname’s national oil company Staatsolie Maatschappij Suriname NV for deepwater Block 59. Image from Exxon…
Suriname's oil agency Staatsolie has agreed to award a production sharing contract for offshore Block 59 to a consortium consisting of ExxonMobil, Hess and Statoil under the country's 'Open Door Policy.' Staatsolie has also reached an agreement with Statoil over Block 60…
Tullow Oil has contracted US-driller Noble Corp. for an exploration well on its 'game changer' Araku prospect offshore Suriname, South America. Tullow has contracted the Noble Bob Douglas drillship from early October to early November…
Apache Corp. failed to hit commercial hydrocarbons at its Kolibrie-1 well, offshore Suriname. Kolibrie is in Block 53, about 80mi off Suriname. Block 53 covers an area of some 3509sq km, and it in 500-1800m water depth. Apache told…
US-based explorer Kosmos Energy has agreed to farm-out a one third stake in its Block 42 contract area offshore Suriname to Hess. In return, Hess will fully fund the cost of a 6500sq km 3D seismic survey, expected to start in Q3 this year…
Malaysian state oil firm Petronas is due to start drilling offshore Suriname next month, the country's state oil firm says. Staatsolie says Petronas, with partner DEA, a German company, has lined up the Rowan Company's Ralph Coffman…
Inpex's Spari-1 well in Block 31 offshore Suriname is being plugged and abandoned after no significant hydrocarbon shows were found, according to partner Tullow Oil. The well, drilled to 3830m total depth in 52m water depth, found presence of the targeted Campanian turbidite sands…
Production has restarted on the Kwane Nkrumah FPSO (pictured) on Tullow Oil's giant Jubilee field offshore Ghana ahead of expectations. The FPSO had suffered issues with its gas compressor late last month, resulting in a gas export outage from 3 July…
Staatsolie and Apache Corp. have signed a production sharing contract (PSC) for exploration, development and production of offshore Block 58 offshore Suriname. The agreement, with a 30-year validity, is divided into exploration, development and production phases…
CGX Energy Inc. entered into a seismic contract with Prospector PTE. Ltd. to conduct a 3116.74sq km 3D seismic survey on Demerara Block, offshore Guyana. The contract represents one of the most extensive 3D seismic studies ever conducted…
Staatsolie, Suriname’s state-oil company, is offering three deepwater blocks through a competitive bid round. The blocks for bid include offshore blocks 58, 59 and 60, which lie east of Suriname in the Suriname-Guyana basin. The Suriname…
Tullow Oil has announced it plans a 4000km sq 3D seismic acquisition program next year in block 54 offshore Suriname. In January, the company agreed to a production-sharing contract that gave it a 50% operated stake, in partnership with state-owned Staatsolie…
Inpex Corp.’s (INPEX) subsidiary, Teikoku Oil Co. Ltd., reached an agreement to transfer 30% of its participating interest in the Block 31 offshore Suriname, to UK-based E&P company, Tullow B.V., a subsidiary of Tullow Oil (Tullow). This…
RWE in Suriname RWE Dea signed a farm-in agreement with Petronas Suriname E&P BV, acquiring 40% interest in Block 52 off Suriname. The block is in the Guyana-Suriname Basin 120km off the northeast coast of South America in 100-1,000m deep water and has potential in Upper Cretaceous strata…
RWE Dea has signed a farm-in agreement with Petronas Suriname E&P BV, acquiring a 40% interest in the Block 52 license off Suriname. Under the farm-in agreement which is subject to completion, RWE Dea will acquire a 40% stake in the 4743sq km license…
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