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Total contracts Maersk Drilling for two-rig campaign offshore Suriname

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Maersk Drilling has received a Conditional Letter of Award (CLOA) from Total E&P Suriname, Suriname Branch for the supply of two deepwater rigs, Mærsk...

Corentyne River Bridge on agenda as Guyana President makes first state...

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Guyana’s President, Dr Mohamed Irfaan Ali, has arrived in Suriname for a state visit over the period November 23 to 26, during which time...

Suriname offshore breakeven expected to go down with more discoveries

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The projected breakeven price for development of oil fields offshore Suriname is expected to reduce in coming years as more discoveries are made, and...

Suriname is 2nd in the world for volume of oil discovered...

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Of the 73 new discoveries announced this year (through October), Suriname has emerged as the number two location for the volume of oil found,...

Staatsolie opens new bid round for 8 blocks offshore Suriname

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Eight blocks covering an area of over 13,524 km2 of underexplored but highly prospective acreage in the western part of the Suriname offshore basin...

Staatsolie celebrates 40 years as Suriname braces for deepwater bonanza

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Staatsolie Maatschappij Suriname N.V., Suriname’s state oil company, is celebrating its 40th Anniversary in a year that has seen almost 70 years of oil...

Apache says Kwaskwasi is its ‘best well’ offshore Suriname

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Apache Corporation remains highly enthusiastic about prospects offshore Suriname and the discoveries it has made to date at Block 58, labelling the last target...

Apache lines up 5th exploration well in Suriname as priority shifts...

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U.S. based Apache Corporation has selected its 5th exploration well offshore Suriname at the prolific Block 58 where it has already made three discoveries...

Shell looking to strike it big on ‘Golden Lane of Oil...

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Six years after giving up its stake in the Stabroek Block offshore Guyana where operator ExxonMobil went on to make the first world class...

Suriname expects to earn up to $60 billion from offshore discoveries...

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Suriname expects to potentially earn up to $60 billion from development of hydrocarbon resources at the three discoveries made to date offshore the South...