financetom
Business
financetom
/
Business
/
Chevron to begin drilling at Suriname's Block 5 in October, minister says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Chevron to begin drilling at Suriname's Block 5 in October, minister says
Sep 25, 2025 8:41 AM

PARAMARIBO, Sept 25 (Reuters) - U.S. energy producer

Chevron ( CVX ) is expected to begin drilling at Suriname's

shallow-water Block 5 next month, the country's oil minister,

Patrick Brunings, said.

"They will be drilling the Kori Kori well," he said in a TV

interview this week. "If this well does indeed contain oil or

gas, it will of course be very important for the region because

it is much closer to the coast."

Following a competitive bidding process, Chevron ( CVX ) in late

2021 acquired an operating interest in the area. The company

also acquired an 80%-interest in adjacent shallow water Block 7

the following year, and it has 33.3% of offshore Block 42.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved