QatarEnergy has signed exploration contracts for Blocks 6 and 8 offshore the Republic of Suriname, the company announced today.
Located in the Southern part of offshore Suriname, the adjacent Blocks 6 and 8 lie immediately South of Block 58 in shallow waters, with depths ranging between 40 and 65 meters.
QatarEnergy will own a 20% working interest in both blocks, where licensing of the new 3D seismic and associated exploration activities are planned. The remaining working interest is shared equally between TotalEnergies (operator) and Suriname’s national oil company Staatsolie’s affiliate, Paradise Oil Co.
Commenting on the signing of the agreements, HE Saad Sherida Al-Kaabi, Qatar’s energy minister who is also the President and CEO of QatarEnergy, said: “We are pleased to have concluded our entry into Blocks 6 and 8 along with our partners, TotalEnergies and Staatsolie, and look forward to commencing exploration in this promising basin.”
This agreement is one of the several offshore exploration deals that Qatar has signed over the past few months.
The state-owned company entered into an agreement with Shell to acquire a 40% working interest in the C-10 block located offshore Mauritania.
QatarEnergy entered into a farm-in agreement with ExxonMobil Canada for two exploration licenses offshore the province of Newfoundland and Labrador in Canada.
In January of this year, QatarEnergy signed an agreement with France’s TotalEnergies and Italy’s Eni to join them in the exploration for natural gas in Lebanon’s Mediterranean waters.
