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Suriname Expects Second Investment Decision This Year

Summary by DWTonline.com
PARAMARIBO — Petronas is expected to make a final decision this year on whether it will invest in gas and oil production in Suriname; the so-called Final Investment Decision (FID). The Malaysian multinational has made attractive oil and gas discoveries in the Sloanea-1 well, located in Block 52 offshore. This was already known, but according to Staatsolie director Annand Jagesar, this is reason for optimism, meaning an FID is imminent. Jagesar g…
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PARAMARIBO — Petronas is expected to make a final decision this year on whether it will invest in gas and oil production in Suriname; the so-called Final Investment Decision (FID). The Malaysian multinational has made attractive oil and gas discoveries in the Sloanea-1 well, located in Block 52 offshore. This was already known, but according to Staatsolie director Annand Jagesar, this is reason for optimism, meaning an FID is imminent. Jagesar g…

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DWTonline.com broke the news in on Wednesday, February 25, 2026.
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