As Guyana has just become an oil-producing country with ExxonMobil reaching first oil at the Liza field over the last weekend, oil major Total is hoping to replicate the achievement in nearby Suriname.
The French company has signed a deal with Apache Corporation to acquire a 50% working interest and operatorship in “the highly prospective Block 58 offshore Suriname, further expanding Total’s footprint in the prolific Guyana-Suriname basin.”
According to Total, Block 58 is located on trend with the prolific discoveries in the adjacent Stabroek block in Guyana, operated by ExxonMobil.
Brazil Energy Insight 
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