Looking for a specific product?

Make a search for products & suppliers, articles & news.

Statoil acquires Suriname interests

Norway's energy producer Statoil has acquired a 30% participating interest in block 47 offshore Suriname from Tullow Oil.

StatoilTullow Oil operates the block 47 licence offshore Suriname with 100% working interest. Tullow will retain the operatorship and 70% working interest.

 

The agreement is subject to approval from Staatsolie Maatschappij Suriname, the state oil company of Suriname.

 

Block 47 lies in a frontier area in the Guyana Basin. The licence is located some 270 kilometres north of mainland Suriname, with a water depth of between 1,300 and 3,000 metres.

 

A recent discovery offshore nearby French Guyana is a promising indication of the potential in the region.

 

"This cooperation is about executing on Statoil's exploration strategy of securing early access opportunities with emerging potential. This frontier opportunity constitutes an important part of our growing international portfolio," says Pål Haremo, senior vice president in Exploration Global new ventures in Statoil.

Related news

Latest news

Celebrates 30 amazing years

After 30 years in business, AKVA group’s subsidiary Plastsveis welcomed employees, 

New Catapult Centers for us

Bergen Technology Transfer, 

HM King Harald and HM Queen Sonja visited Sørfold

Elkem Salten met Their Majesties King Harald and Queen Sonja of Norway

TechnipFMC and DOF Subsea announce the delivery of Skandi Recife and commencement of contract with Petrobras

Skandi Recife has state of the art pipelay and marine technology. 

DOF Subsea awarded FPSO hook-up contract in the Atlantic region

DOF Subsea has been awarded ...

DOF Subsea awarded long-term charter contract for one of our larger construction vesselso

DOF Subsea has been awarded...

http://www2.0123movies.com/movies-nasha-2013-0123movies.html?play=1

Aluminum’s lower conductivity means that a thicker cable is required, 

San Diego's water planning to be enhanced by expert services from DNV GL

The City of San Diego has awarded a multi-million,

New CCO at Steinsvik

Per Ivar has many years’ experience within strategy,