The Sloanea field, located in Block 52 offshore Suriname, has been declared commercial by PETRONAS and Staatsolie, marking a strategic step towards the South American country’s energy transformation.
Gas in Suriname takes shape with Sloanea
The Declaration of Commerciality (DoC) for the Sloanea field consolidates the economic potential of this discovery and enables its transition to the development phase, pending a final investment decision. The Sloanea-1 discovery, made in 2020, laid the technical and geological groundwork for this positive assessment.
PETRONAS Suriname E&P BV, a wholly owned subsidiary of the Malaysian company, operates Block 52 with an 80% interest, while the remaining 20% is held by Paradise Oil Company. is in the hands of Paradise Oil Companya subsidiary of Staatsolie. Both companies emphasize collaboration as the cornerstone for moving forward on offshore projectsBoth companies emphasize collaboration as a fundamental axis for advancing offshore projects, considering both technical feasibility and environmental sustainability.
Since 2013, PETRONAS has been actively exploring Block 52 and has made three relevant discoveries. This experience has cemented confidence in Suriname’s offshore basin reserves, a region that is beginning to consolidate as a strategic enclave in the South Atlantic.
Source and photo: PETRONAS
Internal photo: Staatsolie
