Petronas Partners Exxon Mobil in Suriname Hydrocarbon Exploration
19 Mayo 2020 - 1:52AM
Noticias Dow Jones
By Chester Tay
Petroliam Nasional Bhd will be partners with Exxon Mobil Corp in
exploration for hydrocarbons at Block 52, offshore Suriname.
Petronas, through its subsidiary, PETRONAS Suriname Exploration
& Production B.V., has completed the farm-down of its 50%
participating interest to ExxonMobil Exploration and Production
Suriname B.V. in Block 52, which located north of the coast of
Paramaribo, Suriname's capital city.
Block 52, which covers an area of 4,749 square kilometers with
water depths ranging from 50 to 1,100 meters, is situated in the
prospective Suriname-Guyana basin where several major hydrocarbon
discoveries were made recently, the Malaysian state-owned oil
company said in a statement Tuesday.
Petronas said upcoming exploration activities for Block 52 will
involve the drilling of a well in third quarter of 2020, in
addition to acquiring new 3D seismic data utilizing the latest
technology, covering the whole block to further evaluate the
block's potential.
Apart from Block 52, PETRONAS Suriname also holds a 100%
participating interest and operatorship for Block 48, and a 30%
non-operated participating interest in Block 53.
Write to Chester Tay at chester.tay@wsj.com
(END) Dow Jones Newswires
May 19, 2020 02:37 ET (06:37 GMT)
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