Petronas has completed drilling the Caiman-1 exploration well in offshore Suriname, marking the first well in a four-well drilling campaign planned for Block 52 over 2025–2026. The well represents an important early milestone as Suriname pushes to translate offshore discoveries into commercial development. According to Suriname’s national oil company Staatsolie, the Caiman-1 well was spudded on July 21, 2025 and safely plugged and abandoned on December 6, 2025. The results were described as encouraging a ...