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  • PETRONAS Completes 50% Farm-Down Transaction In Block 52, Offshore
    édité le 19/05/2020 - Plus de news de "Petronas" - Voir la fiche entreprise de "Petronas"


PETRONAS Completes 50% Farm-Down Transaction In Block 52, Offshore
PETRONAS through its subsidiary, PETRONAS Suriname Exploration & Production B.V. (PSEPBV), has completed the farm-down of 50 per cent of its participating interest to ExxonMobil Exploration and Production Suriname B.V. (ExxonMobil) from a 100 per cent participating interest in Block 52, offshore Suriname.

Block 52 is located north of the coast of Paramaribo, Suriname’s capital city, and is situated in the prospective Suriname-Guyana basin where several major hydrocarbon discoveries were made recently. Block 52 covers an area of 4,749 km² with water depths ranging from 50 to 1,100 meters.

Subsequent to the farm-down, PSEPBV as the operator of Block 52 holds 50 per cent equity, while ExxonMobil holds the remaining 50 per cent.

PETRONAS’ Vice President of Exploration, Emeliana Rice-Oxley said: “Our upcoming exploration activities for Block 52 will involve the drilling of a well in Q3 2020, in addition to acquiring new 3D seismic data utilising the latest technology, covering the whole block to further evaluate the block’s upside potential. We look forward to this partnership with ExxonMobil and are determined to continue with the success story on hydrocarbon discoveries in the basin.”

In 2016, PSEPBV drilled the Roselle-1 well in Block 52 which provided crucial subsurface information and data on the petroleum system of the area. Subsequent detailed analysis carried out by PSEPBV indicated that Block 52 contains multiple geological play types and is within the favourable fairway for hydrocarbon generation and accumulation. The recent oil discoveries in an adjacent block further support this assessment.

In addition to Block 52, PSEPBV also holds a 100 per cent participating interest and operatorship for Block 48, and a 30 per cent non-operated participating interest in Block 53.

About Petronas

Established in 1974, Petroliam Nasional Berhad (PETRONAS) is Malaysia’s fully integrated oil and gas multinational ranked among the largest corporations on FORTUNE Global 500®. As an integrated global LNG producer with over 35 years of experience, PETRONAS provides an uninterrupted supply of LNG to more than 25 countries around the world. PETRONAS has safely delivered more than 12,000 cargoes globally, sourced from its portfolio of facilities located in Malaysia, Egypt and Australia. With the PFLNG Dua, PETRONAS is the first global energy player to own and operate two floating LNG vessels, with the PFLNG Satu being in operation since 2017.

About ExxonMobil

ExxonMobil, one of the largest publicly traded international energy companies, uses technology and innovation to help meet the world’s growing energy needs. ExxonMobil holds an industry-leading inventory of resources, is one of the largest refiners and marketers of petroleum products, and its chemical company is one of the largest in the world.


Origine : Communiqué Petronas

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