Suriname awards exploration in shallow offshore area

June 21, 2021
Staatsolie Maatschappij Suriname NV, Suriname’s state oil company, awarded rights to explore Block 5 to Chevron Exploration Suriname and Blocks 6 and 8 to a consortium of TotalEnergies SE, Qatar Petroleum, and Staatsolie.

Staatsolie Maatschappij Suriname NV, Suriname’s state oil company, awarded rights to explore Block 5 to Chevron Exploration Suriname and Blocks 6 and 8 to a consortium of TotalEnergies SE (40%), Qatar Petroleum (20%), and Staatsolie (40%).

The blocks, covering an area of about 2,750-sq km, are in the western part of underexplored shallow offshore acreage offshore Suriname, south of recent deepwater discoveries made in Block 58, and northwest of the onshore producing fields.

Staatsolie and the bidders are concluding production sharing contracts.