Petronas Expands Deepwater Portfolio In Suriname With Block 66 PSC
RefinitivLess than 1 min read
Petroliam Nasional Bhd (Petronas) UUSY68851AK3:
EXPANDS DEEPWATER PORTFOLIO IN SURINAME WITH BLOCK 66 PSC
AGREEMENT WAS SIGNED WITH STAATSOLIE MAATSCHAPPIJ SURINAME N.V. AND PARADISE OIL COMPANY N.V
DEAL INCLUDES FIRM COMMITMENT TO DRILL TWO EXPLORATION WELLS, OTHERS
UNDER DEAL, PETRONAS HOLDS OPERATORSHIP WITH 80% PARTICIPATING INTEREST, WHILE POC HOLDS THE REMAINING 20% OF BLOCK 66
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