Suriname

The operator finds around 180 million bbl at Krabdagu, water at Rasper.

Nations coming together with common interests and approaches to energy is a hallmark of the modern times. Nations in South America and the Caribbean are also joining the trend via strategic energy alliances as disclosed by the presidents of Guyana and Suriname at a recent conference in Suriname, Paramaribo.

Operator CGX said offshore construction is expected to begin soon to serve the oil and gas industry and others.

State-run Staatsolie retains its 40% stake in Block 5.

UK-based oil company pulls out of South American country after non-commercial finds.

Sapakara South flow test encouraging, but Bonboni well result disappoints.

Planned seismic survey will cover shallow water acreage ahead of a planned bid round in 2023.

Data gathered from the well will be used to inform the next steps for Keskesi appraisal.

Rig will shift to drill Bonboni prospect before returning for Sapakara South flow test.

Venture targeting analogous sands to adjacent Suriname discoveries.