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Final decision for Petronas' block 52 in Suriname expected in 2026, Staatsolie says

ReutersFeb 19, 2025 3:29 PM

- A final investment decision is expected next year for Block 52 in Suriname, operated by Malaysia's Petronas PETRA.UL and that could be the second to begin oil and gas output off the South American country's waters, the head of state oil company Staatsolie, Annand Jagesar, said on Wednesday.

A floating production facility for Block 58, operated by France's TotalEnergies TTEF.PA and the first to begin offshore output in Suriname in 2028, is expected to have a 220,000 barrel-per-day capacity, Jagesar added.

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