PETRONAS in Suriname discovery


PETRONAS Suriname E&P is the operator of Block 52 with a 50% participating interest together with ExxonMobil.

KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS) subsidiary PETRONAS Suriname E&P BV has made its third hydrocarbon discovery in Block 52, offshore the South American nation of Suriname.

The discovery took place at the Fusaea-1 exploration well in Block 52, located about 170km offshore and nine km east of Roystonea-1, the national oil company said.

PETRONAS Suriname E&P is the operator of Block 52 with a 50% participating interest together with ExxonMobil.

PETRONAS said the well was spudded in February 2024 and successfully drilled to a total depth of 5,227m with zero lost time injuries. The results solidified its standing in Suriname as a key player in hydrocarbon resources. — Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Shin Yang secures RM117.7mil vessel deal
Perak Transit appoints Ismail Jamal as general manager
Pantech cautiously positive on outlook
AmBank Group provides RM103.8mil financing for Kedah solar project
Malaysia Aviation Group names Bryan Foong airline business CEO, Low Wen Long strategy chief
FBM KLCI rebounds to reclaim 1,700 level
Oil prices fall as risks from Kazakh production halt subside
Gold zooms past US$4,800 for the first time as Greenland tensions simmer
Maybank aims to mobilise RM300bil in sustainable finance by 2030
Airbus reaffirms long-term commitment to Malaysia’s aerospace sector

Others Also Read