QatarEnergy enters Suriname offshore exploration

May 10, 2023
QatarEnergy entered two production sharing contracts for Blocks 6 and 8 immediately south of Block 58, offshore Suriname, in 40 and 65 m of water.

QatarEnergy entered two production sharing contracts for Blocks 6 and 8 immediately south of Block 58, offshore Suriname, in 40 and 65 m of water.

Partners in the blocks will license new 3D seismic data and plan for associated exploration.

QatarEnergy acquired interest in the blocks in June 2021 (OGJ Online, June 29, 2021). Pursuant to the signed agreements, QatarEnergy will own a 20% working interest in both blocks. The remaining working interest is shared equally between TotalEnergies SE (operator) and Staatsolie’s affiliate, Paradise Oil Co.