U.S. oil producer APA Corp said on Wednesday that it had found oil after drilling the Sapakara South-2 (SPS-2) appraisal well in Block 58, offshore Suriname. Exploration off the South American country's coast has been watched closely as it is just over the border from massive oil discoveries made by an Exxon Mobil Corp-led consortium in Guyana that are estimated to hold nearly 11 billion barrels of oil equivalent…
Offshore seismic data specialist CGG, in a consortium with TGS and BGP, on Tuesday announced the completion of Phase IV of the deepwater 3D seismic survey offshore Suriname. Covering 1,800 sq km, Phase IV completes the programmed 14,500 sq km…
Oil and gas company TotalEnergies has completed drilling the Awari exploration well offshore Suriname without encountering commercial hydrocarbon volumes.The news was shared Monday by APA Corporation, TotalEnergies' partner in Block 58, where the well was drilled…
Suriname's Staatsolie Hydrocarbon Institute (SHI) has this week announced the launch of a competitive bid round for six new oil and gas exploration blocks.The blocks are located in the currently sparsely explored Demerara acreage of Suriname…
TotalEnergies E&P Suriname has exercised an option to add the drilling of one additional well in Block 58 offshore Suriname to its contract for the Maersk Drilling's Maersk Valiant drillship. The contract extension is expected to start in January 2023…
Oil and gas company APA Corporation on Tuesday said it had discovered oil at Baja-1 well in Block 53, offshore Suriname, using the Noble Gerry de Souza drillship.Baja-1 was drilled to a depth of 5,290 meters (17,356 feet) and encountered 34…
38 high-impact exploration wells were drilled in the first half of 2022, similar to the same period in 2021 when 39 wells completed, says industry analysts Westwood Global Energy Group. The 38 wells resulted in 13 potentially commercial discoveries at a 34% commercial success rate…
Suriname's state oil firm Staatsolie is getting ready to offer 60% of the country's offshore blocks for auction over the next 12 months, starting with a deepwater round in the fourth quarter, a company executive said on Wednesday.The Guyana…
APA Corporation, the operator of Block 53 offshore Suriname, said Monday it had recently completed drilling operations at the Rasper well, hitting water bearing reservoirs.'APA has completed operations on the Rasper well in the northwestern area of the block…
Suriname's state oil company Staatsolie plans to hold an auction for deepwater offshore blocks at the end of 2022 and another for shallow water blocks in mid-2023, the company's managing director told Reuters.The South American nation is a small…
Suriname's state firm Staatsolie and a unit of Chevron Corp have signed a production sharing contract for exploring and producing oil at an offshore block, the companies said on Wednesday, expanding their cooperation in the country.Suriname is a small onshore crude producer…
Hydrokinetic energy company Waterotor International Corp. on Tuesday unveiled its 20MW hybrid ocean energy-generating system aimed at decarbonizing offshore oil and gas operations.The megarotor system design called “The Big Cajun” was unveiled…
TotalEnergies said Monday it has made a significant new oil and associated gas discovery at the Krabdagu-1 well offshore Suriname. Made in the central area of offshore Block 58, the discovery follows previous discoveries at Maka, Sapakara, Kwaskwasi and Keskesi…
Brazilian President Jair Bolsonaro cut short his first official visit to neighboring Guyana on Friday after his mother died, meaning talks on a planned South American energy alliance would be postponed.Bolsonaro said his mother Olinda Bonturi…
Brazil's President Jair Bolsonaro said on Thursday that Suriname will give Brazilian state-controlled oil company Petrobras priority in the exploration of oil and gas reserves recently discovered off-shore.Bolsonaro spoke by webcast to supporters in Brazil from Paramaribo…
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