Suriname: TotalEnergies Will increase Presence And Indicators Manufacturing Sharing Contracts For Shallow Offshore Blocks 6 And eight

TotalEnergies and its companions, have signed Manufacturing Sharing Contracts (PSC) on Blocks 6 & 8 with Staatsolie Maatschappij Suriname (Staatsolie), the State-owned oil firm of Suriname.

Blocks 6 and eight had been awarded to TotalEnergies within the Suriname Shallow Offshore Bid Spherical 2020/2021. TotalEnergies will function the 2 blocks with a 40% curiosity, alongside QatarEnergy (20%) and Paradise Oil Firm (POC), a subsidiary of Staatsolie (40%).

Positioned within the southern a part of offshore Suriname, near the border with Guyana and with depths between 30 meters and 50 meters, the shallow water Blocks 6 & 8 are instantly adjoining to the operated Block 58 the place a number of discoveries have been made and appraisal drilling is ongoing.

“TotalEnergies is happy to broaden its operatorship place in Suriname, a world class rising basin, exploring for low technical prices and low GHG emission oil assets” outlined Kevin McLachlan, Senior Vice President Exploration, at TotalEnergies. “This new milestone additional strengthens our strategic worldwide partnership with QatarEnergy marking its first entry to Suriname”.