KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) is assessing the feasibility of an integrated development strategy for gas and oil extraction within offshore Block 52 in Suriname.
The national oil company said it had achieved success in Suriname with the Sloanea-2 appraisal well in Block 52, which was drilled in June.
"This accomplishment has bolstered Petronas’ prospects in the basin and opens the possibility of developing a standalone floating liquefied natural gas (FLNG) project at the field in the future,” it said in a statement today.
On the local front, Petronas highlighted the Bekok Deep-1 oil and gas exploration made in May.
"It stands out due to its promising well testing results, which demonstrate a strong hydrocarbon flow rate.
"This discovery highlights substantial hydrocarbon potential in this new play, marking a significant milestone in Peninsular Malaysia’s energy sector over the past decade’” it said.
Executive vice president and chief executive officer of upstream Mohd Jukris Abdul Wahab said the company was pleased with these breakthroughs.
"They reaffirm Petronas’ commitment and expertise to providing exceptional value through substantial discoveries in Malaysia and internationally, driven by strategic and innovative approaches.
"These milestones underscore Petronas' ongoing initiatives to enhance our exploration endeavours in selected focus regions and strive for sustainable resource replenishment,” he added. - Bernama
