ExxonMobil Pulls Out from Block Offshore Suriname

Wednesday, November 20, 2024

Suriname's state-run oil company Staatsolie said on Wednesday that ExxonMobil has withdrawn from its offshore block 52, and block operator Petronas Suriname E&P will take over its 50% stake.

"The withdrawal is part of the ongoing evaluation of assets in ExxonMobil's global portfolio," Staatsolie said in a statement.


(Reuters - Reporting by Ank KuipersWriting by Julia Symmes Cobb)

Categories: Industry News Activity South America Oil and Gas

Related Stories

Petrobras Keeps Oil Output Steady Amid Strikes on Platforms and Refineries

Shell Picks Valaris Drillship for Work Offshore Brazil

Bourbon Inks Multi-Year PSV Deal with ExxonMobil in Guyana

Current News

Eni Finalizes CCS Partnership with Blackrock-Backed GIP

DOF Bags Multiple Vessel Deals with Petrobras in Brazil

Ithaca Extends Stay of Prosafe’s Safe Caledonia Flotel in Norh Sea

New Chief Takes Reins at Dolphin Drilling

Subscribe for OE Digital E‑News