Petronas will begin drilling on Sunday, the first of three wells in an exploration campaign aimed at finding additional oil reserves at its offshore Block 52 in Suriname, state company Staatsolie ...

Malaysia's state-owned oil firm Petronas has discovered several oil-bearing layers in an exploration well off the coast of Suriname, state oil firm Staatsolie said in a statement on Thursday.

Malaysian oil company Petronas is planning to drill at least two additional wells offshore Suriname next year to gather more data for its field plans before making a final investment decision for ...

Petronas and project partner ExxonMobil have already made two finds — Sloanea-1 and Roystonea-1 — in Block 52, adding hopes that a second production development may be on the cards in Suriname.

Petronas and ExxonMobil agreed to further explore a potential gas production area offshore Suriname where the leaseholders had declared a gas discovery, albeit a commercially unattractive one.

Petronas Suriname E&P BV, a subsidiary of Petronas, made a third hydrocarbon discovery in Block 52 at the Fusaea-1 exploration well offshore Suriname. The well was spudded in February 2024 and was ...

Petronas Suriname E&P is the operator of and owns 100 percent participating interest in Block 63, which has an area of 2,094.6 square miles (5,425 square kilometers) and is located approximately ...

The Announcement In early November, Petronas, the operator of the partnership, announced a major discovery in block 52 of Suriname, of which Exxon Mobil is a 50% participant.

Suriname should boost incentives for energy companies looking to develop oil and gas discoveries, said Zamri Baseri, head of Malaysia's Petronas in the South American country.

Petronas subsidiary Petronas Suriname E&P BV discovered oil at the Roystonea-1 exploration well in Suriname’s Block 52. The company is working to evaluate the full extent of the discovery and ...