Suriname News

Esgian Week 38 Report: Contracting has Slowed

Sep 22, 2024

Esgian has no rig contracts to announced but provides an update on rig moves and drilling operations in the US Gulf of Mexico, Canada, Morocco and Norway in its Week 38 Rig Analytics Market Roundup.Report SummaryDrilling Activity and DiscoveriesExxonMobil…

QatarEnergy Takes Share of Chevron-Operated Block Offshore Suriname

Jul 18, 2024

QatarEnergy has signed an agreement with Chevron to acquire a 20% working interest in a production sharing contract for block 5 offshore Suriname.Pursuant to the signed agreement, Chevron as the operator will retain a 40% interest, while Paradise Oil Company…

Equinor Exits Suriname

Aug 07, 2024

Equinor and ExxonMobil Corp said on Wednesday they have transferred their stakes in a deepwater oil and gas exploration block off Suriname to Hess Corp, with the Norwegian oil producer exiting the South American country.The exit aligns with…

Namibia: The Newest Most Promising Deepwater Rig Demand Hotspot

Aug 27, 2024

Over the past few years the Namibian Orange Basin has emerged as an exciting new oil province and subsequently a provider of significant new demand and future demand potential for deepwater drilling rigs.According to Westwood’s Wildcat, “the…

Esgian Week 32 Report: Second Round of Saudi Jackup Suspensions

Aug 11, 2024

Esgian provides an update on the second round of jackup suspensions in Saudi Arabia in its Week 32 Rig Analytics Market Roundup.Report SummaryContractsArabian Drilling has confirmed that Saudi Aramco has initiated discussions with the drilling…

Esgian Week 31 Report: Busy Week for Borr Drilling, Valaris, Transocean and Noble

Aug 04, 2024

Esgian provides an update on what has been a busy week in the offshore drilling market in its Week 31 Rig Analytics Market Roundup.Report SummaryContractsBorr Drilling has confirmed new contracts for several of its 400-ft jackups, including work for the Arabia I in Brazil…

Esgian Week 29 Report: New Drilling Plans in Guyana and Norway

Jul 21, 2024

Esgian provides an update on new drilling plans in Guyana and Norway in its Week 29 Rig Analytics Market Roundup.Report SummaryContractsADES has secured a 10-year contract extension for 250-ft jackup Admarine 657 offshore Saudi Arabia, commencing…

Petronas Makes Oil and Gas Discovery Offshore Suriname

May 16, 2024

Petronas Suriname E&P, a subsidiary of Malaysia’s energy company Petronas, has made a third hydrocarbon discovery at the Fusaea-1 exploration well in Suriname’s Block 52.The discovery is located about 170 kilometers offshore and 9 kilometers east from Roystonea-1…

TotalEnergies Closing in on Block 58 FID Offshore Suriname

Jun 05, 2024

TotalEnergies, together with APA Corporation and Staatsolie, has made progress toward reaching the final investment decision (FID) for the development of deepwater Block 58 offshore Suriname, expected to be made in the fourth quarter of 2024…

SBM Offshore Lines Up Fast4Ward Hull for Block 58 FPSO in Suriname

Jun 06, 2024

Dutch FPSO leasing specialist SBM Offshore has informed that its Fast4Ward hull has been reserved by TotalEnergies for the Block 58 development project, offshore Suriname.SBM Offshore is working in partnership with Technip Energies, and in line…

Noble Voyager to Drill Another Well for Petronas Offshore Suriname

Apr 03, 2024

Petronas Suriname E&P, a subsidiary of Malaysia’s state-owned energy giant Petronas, has exercised the option for Noble Corporation’s Noble Voyager drillship to drill one additional well offshore Suriname.The 7th generation drillship Noble Voyager…

Esgian Week 20 Report: Update on Saudi Suspensions

May 19, 2024

Esgian provides an update on Saudi suspensions in its Week 20 Rig Analytics Market Roundup.Report SummaryContractsDrilling contractor Arabian Drilling confirmed that the suspension of three contracts for its jackups with Saudi Aramco have yet…

Esgian Week 19 Report: New Offshore Acreage Offered

May 12, 2024

Esgian reports another busy week filled with a variety of updates, including new offshore acreage offered in the UK, Norway and Nigeria, in its Week 19 Rig Analytics Market Roundup.Report SummaryContractsADES Holding Company has received a direct…

Blue Water Secures Logistics Deal for Noble Drilling’s Ops in Suriname

Mar 12, 2024

Blue Water Shipping, a global provider of tailor-made transport and logistics solutions, has secured a contract with Noble Drilling for its operations in Suriname, as Noble Voyager drillship embarks on an exploration campaign north of Paramaribo…

Suriname Presses Exxon, TotalEnergies to Combine Gas Developments

Mar 20, 2024

Suriname's state-owned oil company Staatsolie has begun talks with oil majors Exxon Mobil and TotalEnergies to encourage joint development of natural gas fields that straddle its and Guyana's maritime borders, the head of its state oil firm told Reuters late Tuesday…

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