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Suriname Procurement News Notice - 85231


Procurement News Notice

PNN 85231
Work Detail BG International, a unit of oil major Shell operating in Suriname, plans to submit a plan to the South American countrys environmental agency for drilling up to four exploration wells at offshore Block 65, according to a company document seen on Tuesday. Suriname is progressing toward its first oil and gas production offshore. A $10.5 billion project by TotalEnergies and APA Corp was green-lit earlier this year aiming to begin output in 2028. BG International and Qatar Energy won rights to explore the area in a bidding round organized by state energy company Staatsolie that was completed last year, allocating three deepwater blocks to oil and gas companies in the northeastern section of Surinames offshore area. A non-commercial gas discovery was made by Tullow Oil TLW.L in 2017 in that area, previously known as Block 54, before relinquishing its license. If authorized, BG will begin drilling the first well, the Araku Deep-1, in the second quarter of 2025 using a dynamically positioned drill ship yet to be hired, the company said in a document submitted for public consultation. The locations of the other three exploration wells will depend on findings at Araku Deep-1. The drill ship will be supported by three supply vessels and helicopters to transport supplies, waste materials, and personnel, BG added.
Country Suriname , South America
Industry Oil & Gas
Entry Date 18 Dec 2024
Source https://www.oedigital.com/news/520407-shell-to-seek-suriname-s-approval-for-four-well-offshore-drilling-plan

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