PETRONAS to drill two new offshore exploration wells in Suriname

Malaysian state-owned oil company PETRONAS is expanding its offshore exploration activities in Suriname. The company has contracted offshore driller Valaris to drill two new exploration wells using the deepwater drillship VALARIS DS-18.

The drilling campaign is scheduled to begin in the fourth quarter of 2026 and is expected to last up to seven months. This initiative aims to further investigate the oil and gas potential within Suriname’s offshore territory by gathering data on geological conditions and potential subsea reserves.