Tag Archives: Oil in Suriname

OIL: Shell looking to strike it big on ‘Golden Lane of Oil in the Guianas’

Shell Oil

—  six years after walking away from Stabroek Block

Six years after giving up its stake in the Stabroek Block offshore Guyana where operator ExxonMobil went on to make the first world class Liza discovery just months later, Shell is now looking to strike it big on the ‘Golden Lane of Oil’ where it is set to begin exploration activities in Suriname, just miles away from the prolific Stabroek block.

Rudolf Elias, CEO of Suriname’s state oil company, Staatsolie Maatschappij Suriname NV, said on a virtual panel discussion this week that among the upcoming exploration drill campaigns offshore Suriname, one is from Shell.

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