US companies ExxonMobil and Hess, plus Norway’s Statoil, have been awarded a production-sharing contract (PSC) to work an oilfield offshore Suriname.
Staatsolie, Suriname’s oil agency, granted the consortium the contract for developing Block 59.
Statoil was also awarded a sole contract for Block 60.
These contracts are being issued as part of Suriname’s “Open Door Policy Offshore Suriname”.
The waters of this area have been attracting a lot of E&P interest with Suriname’s neighbour Guyana and nearby Trinidad & Tobago hives of offshore speculation.
Suriname, in the northeast of South America and that continent’s smallest nation, was formerly called Dutch Guiana and Dutch Suriname before independence.