RWE joins Petronas in block offshore Suriname

Offshore staff

HAMBURG, Germany – RWE Dea has agreed to farm into 40% of the block 52 license offshore Suriname held by operator Petronas Suriname E&P.

This is the German company’s first license offshore northern South America, although it also has a stake in license NCMA2 off nearby Trinidad & Tobago.

Block 52 covers 4,743 sq km (1,831 sq mi) in the Guyana-Suriname basin, about 120 km (74 mi) offshore and in water depths ranging from 100-1,000 m (328-3,281 ft). The company says there is high-impact potential in the Upper Cretaceous strata.

Planned work program includes a 3D seismic survey and drilling of one exploration well in the next three years.

Additionally, RWE Dea is considering participation in the current bid rounds in Suriname and Trinidad & Tobago.

6/14/2013

Suriname
(Image courtesy RWE Dea)

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...