“TotalEnergies and Partners Sign Production Sharing Contracts for Suriname Blocks 6 and 8”

2023-05-15 07:15:00

(CercleFinance.com) – TotalEnergies and its partners announce today that they have signed production sharing contracts for Blocks 6 and 8 with Staatsolie Maatschappij Suriname (Staatsolie), the national utility of Suriname.

Blocks 6 and 8 have been awarded to TotalEnergies under the 2020/2021 conventional offshore tender. TotalEnergies will operate the two blocks with a 40% stake, alongside QatarEnergy (20%) and Paradise Oil Company (POC) (40%), a subsidiary of Staatsolie.

Located south of the Suriname offshore domain near the border with Guyana, at depths between 30 and 50 meters, blocks 6 and 8 adjoin block 58 where several discoveries have been made and where appraisal drilling is in progress. course.

‘TotalEnergies is pleased to strengthen its position as an operator in Suriname in search of oil resources with low technical costs and low greenhouse gas emissions,’ underlines Kevin McLachlan, Exploration Director of TotalEnergies.

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