Staatsolie, Petronas sign production-sharing contract for deepwater block in Suriname

Business

Edition: Singapore Indonesia Asia US/UK Suriname's state energy company Staatsolie and an affiliate of Malaysia's oil firm Petronas on Tuesday signed a production-sharing contract for exploring and developing an offshore oil and gas block, Staatsolie said in a release. Suriname is on track to inaugurate offshore crude and natural gas output soon after foreign companies including TotalEnergies, APA and Petronas have discovered reserves that can be commercially developed. Staatsolie can opt for

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