ExxonMobil Pulls Out from Block Offshore Suriname

Wednesday, November 20, 2024

Suriname's state-run oil company Staatsolie said on Wednesday that ExxonMobil has withdrawn from its offshore block 52, and block operator Petronas Suriname E&P will take over its 50% stake.

"The withdrawal is part of the ongoing evaluation of assets in ExxonMobil's global portfolio," Staatsolie said in a statement.


(Reuters - Reporting by Ank KuipersWriting by Julia Symmes Cobb)

Categories: Industry News Activity South America Oil and Gas

Related Stories

Eni Expands Asian Footprint with Long-Term LNG Contract in Thailand

Texas LNG Signs 20-Year Offtake Deal with Macquarie

Petrobras and Shell Raise Stakes in Brazil’s Atapu and Mero Pre-Salt Fields

Current News

Dajin Forms Offshore Wind Alliance with German Port Terminal Operator

EnerMech Hires Former SLB Executive to Lead Energy Solutions Division

Eni Expands Asian Footprint with Long-Term LNG Contract in Thailand

Jasmund Substation’s Topside and Jacket Sets Sail to Baltic Sea

Subscribe for OE Digital E‑News