“Sloanea-1 is Petronas’ first hydrocarbon discovery in the South American country. It announced the discovery December 11, 2020, after drilling into 4,780 meters using the Maersk Developer rig.”
“Block 52 spans over 4,700 square kilometers (1,814.68 square miles) north of the coast of Paramaribo, according to Petronas.”
“Exxon Mobil Corp exited Block 52 last year by selling its 50 percent stake to Petronas.”
“Recently Petronas signed two new PSCs [Production Sharing Contracts] in Suriname. Petronas has secured 30 percent in Block 9 as operator through Petronas Suriname E&P BV. Chevron holds 20 percent through Suriname Exploration Ltd, state-owned QatarEnergy 20 percent through QatarEnergy International E&P LLC and POC 30 percent, Staatsolie said in a press release November 5.”
“Petronas said in its own statement it now holds stakes in eight blocks offshore Suriname. Block 9 and 10 ‘mark a significant milestone in Petronas’ continued expansion in the Suriname-Guyana Basin, a region recognized globally for its hydrocarbon potential’, Petronas said.”