PetroChina, the Chinese state-owned oil giant, is set to conduct a 3D seismic survey in offshore Suriname as part of its preparations for potential drilling operations in the South American nation. The seismic survey will provide detailed geological data, crucial for assessing hydrocarbon prospects and guiding future drilling activities.
Last September, PetroChina, in partnership with Suriname’s state-owned energy company Staatsolie, secured production sharing contracts (PSCs) for Blocks 14 and 15 located in the shallow waters of Suriname’s eastern Guyana-Suriname Basin. These blocks span water depths of 50 to 150 meters and are strategically positioned adjacent to Block 52, where Malaysia’s Petronas is currently advancing the development of three natural gas discoveries.
The seismic survey is expected to enhance understanding of the basin’s subsurface structures, improving the chances of successful exploration and drilling. PetroChina’s involvement marks a significant step in deepening Sino-Surinamese energy cooperation and boosting Suriname’s potential as a key player in offshore oil and gas production.
The Guyana-Suriname Basin has emerged as one of the most promising oil frontiers in recent years, drawing significant investment from global energy companies, including ExxonMobil and TotalEnergies. PetroChina’s upcoming seismic activities signal its commitment to expanding its offshore exploration footprint in this lucrative region.