Exxon, Petronas Set to Extend Exploration Offshore Suriname ...Middle East

Economy by : (OILPRICE) -
Exxon and Malaysia’s state-run Petronas will extend exploration for a gas discovery off the coast of Suriname, the country’s national oil company, Staatsolie, said on Monday.  Eyeing a repeat of the huge oil and gas success in the same basin offshore Guyana, explorers in Suriname are also reportedly considering a floating LNG project.  Exploration in Suriname has not been as successful, so far, as Guyana. Exxon and Petronas made a gas discovery in 2020 in Block 52 that was considered commercially unattractive, while discoveries…

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