Exxon hunting for new Liza in Suriname

U.S. oil major Exxon Mobil has confirmed it has, with its partners Hess and Statoil, signed a production sharing contract for Block 59 with Staatsolie Maatschappij Suriname N.V., the national oil company of Suriname.

To remind, Staatsolie informed of the upcoming signing of the PSC two weeks ago, but with little detail.

The block adds significant acreage to ExxonMobil’s operated portfolio in the Guyana-Suriname Basin, Exxon said.

Deepwater Block 59 is in water depths ranging from nearly 2,000 meters to 3,600 meters, located approximately 190 miles (305 kilometers) offshore Suriname’s capital city, Paramaribo.

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