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Petronas discovery in Suriname approaches 400 million barrels
Addressing the recent deepwater discovery by PETRONAS in Suriname, Mark Oberstoetter, Head of Americas (non-L48) Upstream, said “We understand Roystonea and Fusaea's recoverable resources are approaching 400 million barrels. This could be enough to support an FPSO with an oil processing capacity of up to 100,000 b/d FPSO development.” Nine deepwater fields have been discovered in Suriname waters since 2019, but the country still awaits its first sanctioned development. According to Wood Mackenzie, TotalEnergies and APA Corporation are close to sanctioning a cluster FPSO development on Block 58. Block 52 is east ... (full story)