PETRONAS’ Block 52 FLNG project in Suriname aligns with its sustainability goals, addressing emissions reduction and gas monetization. With 1.3 TCF of gas, it enhances flexibility in LNG supply for energy markets. The project supports PETRONAS’ digital integration and positions it as a key player in the evolving Atlantic LNG landscape.

PETRONAS operates two FLNG units in Malaysia, utilizing stranded gas fields for LNG exports. In Suriname, PETRONAS and partners explore Block 52, with promising discoveries that suggest up to 500 million boe. A successful drilling campaign in 2025 could establish Suriname as a new gas-producing hub, enhancing the global LNG market.

Suriname, a carbon-negative nation with 90% forest coverage, aims to monetize its environmental contributions through carbon trading. With a national carbon credit scheme launched in September 2023 and projected revenues of up to $600 million annually, the country must act strategically to secure its ecological and economic future amidst oil production ambitions.

The independent basin modeling study highlights the significance of Block 58 and its extension into Guyana’s Stabroek Block as a vital area for premium light oil discoveries. The research emphasizes the geochemical factors and thermal conditions that led to successful hydrocarbon generation, ultimately proving why this region consistently produces high-quality oil.