European geo-consultants team up with Staatsolie for oil seep study offshore Suriname

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The UK-based geo-consultancy firm GeoPartners Ltd struck a deal with Suriname’s state oil company Staatsolie and TROIS Geoconsulting from the Netherlands for a multi-client geochemical piston core project. 

GeoPartners via a LinkedIn announcement said the venture aims to deliver oil seep knowledge over the deepwater offshore blocks of Suriname. The survey is currently in the pre-planning phase and is expected to kick off by the third quarter of this year. 

3D seismic survey of Suriname basin completed to support deep, shallow water bid rounds | OilNOW 

Suriname is now attempting to build out its offshore oil sector. 

TotalEnergies and APA Corporation are spearheading a US$9 billion development – Suriname’s first – targeting the Sapakara South and Krabdagu fields. They are estimated to hold around 700 million barrels of recoverable oil combined. The development proposal is being crafted, with review and approval expected in 2024, and first oil in 2028.

There is sporadic exploration and appraisal drilling at some surrounding blocks, such as Block 52 and Block 53.

There is also discussion among companies on the Guyana and Suriname side of the basin for potential cooperation for natural gas development. 

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