ExxonMobil and Petronas discover oil&gas in Suriname

ExxonMobil and Petronas have announced a new oil&gas discovery offshore Suriname. The hydrocarbons were discovered in the Sloanea-1 exploration well on Block 52, which is drilled by Petronas with a 50-percent stake. The well is currently being evaluated to determine its resource potential. Mike Cousins, senior vice president of exploration and new ventures at ExxonMobil said:
“Our first discovery in Suriname extends ExxonMobil’s leading position in South America, building on our successful investments in Guyana. We will continue to leverage our deep-water expertise and advanced technology to explore frontier environments with the highest value resource potential.”