$20 per barrel for project approvals, Pouyanné states
Total remains committed to developing hydrocarbon resources, but the cost must be sufficiently low to survive in a world of lower prices, the company’s chairman and CEO Patrick Pouyanné has said.
Suriname
Shell farms into Kosmos portfolio
Shell has struck a deal to farm into Kosmos Energy’s portfolio offshore Sao Tome & Principe, Suriname, Namibia and South Africa.
Stena Drilling wins Suriname work with Tullow Oil
Stena Drilling has been awarded a new contract for work in the Suriname-Guyana basin with Tullow Oil.
Maersk Drilling bags £16.6million Suriname contract with Petronas
Maersk Drillng has won a £16.6m ($20.4m) contract with Petronas off Suriname.
Apache celebrates second score in Suriname
Total and Apache have made a second discovery offshore Suriname, at Block 58’s Sapakara West-1 well.
Kosmos to lean on BP at Tortue LNG
Kosmos Energy has set out plans to reduce planned capital expenditure in 2020 to under $250 million.
Kosmos to pay out dividend, plans energy transition shift
Kosmos Energy has reported a net loss of $36 million for the fourth quarter of 2019, although free cash flow reached $139mn for the period.
Apache and Total celebrate ‘significant oil discovery’ off Suriname
Apache and Total have announced a “significant oil discovery” off the South American nation of Suriname.
Total enters Suriname with 50% stake in Apache exploration block
Total announced its entry into Suriname with a 50% interest in a block held by Apache off the Southern American nation’s coast.
‘Stability issues’ force Kosmos to redrill Suriname well
US oil firm Kosmos Energy said today that it would redrill a well off Suriname after encountering "shallow bore hole stability issues" with its first effort.
Tullow ‘committed to Suriname’ despite dry well
Tullow Oil said today that it remains "fully committed" to Suriname after a wildcat well off the country came up dry.
ExxonMobil, Hess and Statoil sign contract for Suriname block
ExxonMobil and project partners Hess and Statoil have signed a production sharing contract for a block off Suriname.
Consortium agrees deal for Suriname offshore blocks
A consortium made up of ExxonMobil, Hess and Statoil has reached an agreement with Suriname’s energy agency on a production sharing contract for block 59 in the country.
Noble Corporation bags additional drillship work
Noble Corporation has been awarded new contracts for one of its drillships in the Gulf of Mexico and Suriname.