TotalEnergies will operate these blocks, situated in shallow water with depths between 30 m and 50 m, and adjacent to the TotalEnergies operated Block 58, where four significant discoveries have been made since January 2020 and where operations are continuing in 2021.
TotalEnergies will operate the blocks with a 40% working interest, alongside Qatar Petroleum (20%) and the national company Staatsolie (40%).
A 3D seismic acquisition campaign will be carried out on these two licences to confirm their potential.
“This award demonstrates our ability to capture exploration acreage in a core area for TotalEnergies, pursuing our strategy of exploring for low development cost oil resources in highly prospective basins, particularly here, reinforcing our operatorship position in Suriname Block 58,” said Kevin McLachlan, Senior Vice President Exploration. “We are delighted to continue to expand our strategic international partnership with Qatar Petroleum on these blocks.”
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Read the article online at: https://www.oilfieldtechnology.com/exploration/25062021/totalenergies-awarded-suriname-exploration-licences/