Block S4 is a 1,788 km2 block located about 50-100 km from shore. The initial work program consists of a 2,000 km2 3D seismic acquisition.
«TotalEnergies is delighted to bring its expertise as an operator to Guyana, in a shallow-water offshore block within this prolific basin, and to further strengthen its global strategic partnerships with QatarEnergy and Petronas. This block fits our strategy of exploring for material, low-cost, and low-emission resources,» said Nicola Mavilla, Senior Vice President Exploration of TotalEnergies
This signing marks PETRONAS’ first foray into Guyana, further expanding its presence in the Americas region.
PETRONAS' Vice President of Exploration, Mr. Faisal Bakar said, «Our participation in the Guyana-Suriname Basin marks a notable chapter in PETRONAS’ journey of international growth. Guided by a disciplined approach to expanding our global presence, we are dedicated towards realising the basin’s proven prolificness and nurturing enduring value for our stakeholders. This partnership with TotalEnergies and QatarEnergy reinforces our shared aspiration for a resilient and progressive upstream sector.»
