Suriname, the Next Offshore Oil Hot Spot?

Offshore drilling in Guyana, mainly by ExxonMobil, has in the past years unearthed more than 9 billion barrels of oil equivalent, making Guyana a place to be when it comes to deepwater exploration, and as of December 2019, production, with multiple FPSOs planned for deployment in the coming years. Explorers in nearby Suriname have been hoping... Continue Reading →

TotalEnergies Confirms Suriname Offshore Block Awards

France's TotalEnergies confirmed Friday it had with its partner Qatar Petroleum been awarded Block 6 and Block 8 in the Suriname SHO Bid Round 2020/2021.  TotalEnergies will operate the two shallow-water blocks, with depths between 30 meters and 50 meters, and located near the company's operated Block 58, where 4 significant discoveries have been made... Continue Reading →

TotalEnergies, Qatar Petroleum, Chevron win Suriname offshore acreage

A consortium between France’s major TotalEnergies and Qatar’s Qatar Petroleum and U.S. supermajor Chevron have submitted winning bids for shallow-water offshore acreage in Suriname. Suriname’s national oil company Staatsolie said last Friday that the three oil companies submitted ‘most favourable’ bids for the relevant blocks offered in the Suriname Shallow Offshore (SHO) Bid Round 2020/​2021... Continue Reading →

TotalEnergies, Qatar Petroleum, Chevron Submit Winning Bids for Suriname Offshore Blocks

U.S. oil major Chevron, and a consortium between France's TotalEnergies and Qatar's Qatar Petroleum have submitted winning bids for shallow-water offshore acreage in Suriname, Suriname's national oil company Staatsolie said Friday. Staatsolie said the trio had submitted "most favorable" bids for the relevant blocks offered in the SHO Bid Round 2020/2021 which had closed for... Continue Reading →

New Contracts Drive Maersk Drilling to Upgrade Financial Guidance for 2021

Danish offshore drilling company Maersk Drilling on Wednesday upgraded its financial guidance for the year 2021, on the back of improved contracting performance. "Maersk Drilling continues to demonstrate strong commercial and operational performance. Over the past months, Maersk Drilling has secured several new drilling contracts for execution in 2021, and further, Maersk Drilling has successfully - and... Continue Reading →

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