A consortium including Qatar Petroleum has been awarded two offshore blocks in Suriname, under Production Sharing Contracts as part of the recent Suriname offshore bid round.
The winning bids in the competitive round were announced by Suriname’s State Oil Company, Staatsolie. A consortium comprising of Qatar Petroleum (20%), TotalEnergies (Operator - 40%) and Staatsolie (40%) were awarded the right to explore shallow water blocks 6 and 8, which are immediately adjacent to the prolific Block 58 discoveries.
Commenting on this occasion, His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum, said, “We are pleased to be awarded exploration rights in blocks 6 and 8, and this represents Qatar Petroleum’s first entry into Suriname. This successful result also increases our presence in the Guyana-Suriname Basin and further strengthens Qatar Petroleum’s footprint in Latin America, marking yet another successful step towards realizing our international growth ambitions.”
His Excellency Minister Al-Kaabi added, "I would like to take this opportunity to thank the Surinamese authorities for a comprehensive and efficient tender process, as well as our strategic partner, TotalEnergies, for their excellent cooperation in achieving this result.”
Located in the southern part of offshore Suriname, close to the border with Guyana, the adjacent blocks 6 and 8 lie immediately south of block 58 in shallow waters, with depths ranging between 30 and 65 meters. The two blocks cover a combined area of approximately 2,750 square kilometers.
About Qatar Petroleum
Qatar Petroleum (QP) is a state-owned corporation established by Decree Law No. 10 in 1974. It is responsible for all phases of the oil and gas industry in the State of Qatar.
The principal activities of QP, its subsidiaries and joint ventures are the exploration, production, local and international sale of crude oil, natural gas and gas liquids, liquefied natural gas, refined products, synthetic fuels, petrochemicals, fuel additives, fertilizers, steel and aluminium.
The operations and activities of QP and its affiliates are conducted at various onshore locations, including Doha, Dukhan and the Mesaieed and Ras Laffan Industrial Cities, as well as offshore areas, including Halul Island, offshore production stations, drilling platforms and the North Field.
About TotalEnergies
TotalEnergies is a broad energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.
About Staatsolie
Staatsolie Maatschappij Suriname N.V., is a vertically integrated state-owned company founded in 1980. We explore, drill, produce, refine, market, sell and transport petroleum and products refined from it. We also generate electricity. With the production and supply of energy, we meet the growing energy needs of our society.