Petronas, the Malaysian oil and gas producer, has found more natural gas offshore Suriname, as announced by the South American country's President, Dr. Jennifer Geerlings-Simons.
The discovery was made in Suriname's Block 52, one of the country's most promising offshore areas. A production sharing agreement between Suriname and Petronas was inked in 2013.
The Surinamese President announced the discovery on Tuesday as she concluded her keynote presentation at the 2026 Suriname Energy, Oil & Gas Summit & Exhibition, held in Paramaribo. She told the audience that she was informed of the discovery by a Petronas executive earlier that day.
"This sets the base for multiple oil and gas developments and a brighter future for Suriname," Dr. Geerlings-Simons said.
.png)
Beyond this project, Suriname is already preparing to produce oil offshore through its Block 58 project. The TotalEnergies-led project, known as GranMorgu, is expected to start producing oil in 2028.
Dr. Geerlings-Simons also told the conference that her government will craft a "broadly supported roadmap to guide the immediate policy and legislation ahead of first oil." The roadmap will also direct local content development.
GranMorgu is located about 150 kilometres from the Surinamese coast and holds recoverable reserves estimated at more than 750 million barrels of oil. It will be Suriname's first large-scale offshore oil development.
A large floating production, storage and offloading (FPSO) vessel with the capacity to process 220,000 barrels per day of oil and 500 million cubic feet per day of natural gas for the field is being supplied by SBM Offshore.
.png)
