US EditionStaatsolie, PETRONAS Sign Production Sharing Contract for Block 66 - Drilling Contractor
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Staatsolie, PETRONAS sign production sharing contract for Block 66 - Drilling Contractor
Staatsolie signed a production sharing contract (PSC) with PETRONAS and Paradise Oil for Block 66 in Suriname’s deep offshore. PETRONAS acquires an 80% interest and the exploration, development and production rights in Block 66. Staatsolie has a 20% interest. PETRONAS has committed to drilling two exploration wells located in promising parts of the block during … The post Staatsolie, PETRONAS sign production sharing contract for Block 66 appeare…
The Surinamese state oil company Staatsolie has signed an agreement with Malaysia’s national oil company Petroliam Nasional Berhad (Petronas) to carry out a shared production in Block 66 of the Suriname Deepwater Region. According to the document, Petronas through its subsidiary PSEPBV, will acquire exploration, development and production rights in Block 66, with a share of 80%, while Staatsolie will have 20% through its subsidiary POC. Petronas…
PARAMARIBO — Staatsolie Maatschappij Suriname, Petronas Suriname E&P and Paradise Oil Company signed a production sharing contract for block 66 in the deep-sea area of Suriname on Tuesday (today). In a press release, Staatsolie indicated on Tuesday afternoon that Petronas has obtained the exploration, development and production rights in block 66. “For Staatsolie, the signing of the production sharing contract means the strengthening of the part…
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