KUALA LUMPUR, May 30 – PETRONAS Suriname E&P B.V., a subsidiary of PETRONAS, has announced a significant hydrocarbon discovery at the Fusaea-1 exploration well in Suriname’s Block 52. Located about 170 kilometers offshore and 9 kilometers east of Roystonea-1, the well was spudded in February 2024 and drilled to a depth of 5,227 meters, encountering several oil and gas-bearing Campanian sandstone reservoirs without any lost-time incidents.

Datuk Adif Zulfikfli, PETRONAS’ Executive Vice President and CEO of Upstream, emphasized that this discovery, along with the earlier Roystonea-1 and Sloanea-1 finds, reinforces PETRONAS’ strategic position in Suriname. Mohd Redhani Abdul Rahman, PETRONAS Vice President of Exploration, highlighted the success of Fusaea-1 as a result of enhanced geological understanding and noted the integrated development potential within Block 52. PETRONAS Suriname E&P operates Block 52 with a 50% interest alongside ExxonMobil, covering an area of 4,749 square kilometers in the Suriname-Guyana basin.