Staatsolie, the state-owned national oil and gas company of Suriname, has announced that Chevron Suriname Exploration is set to commence drilling the Korikori-1 exploration well this month. Roughly 78km offshore in the north‑central sector of Block 5, the well is located at an approximate water depth of 40m. American energy multinational Chevron operates Block 5, holding a 40% interest, with Paradise Oil Company (POC) owning 40% and Qatar Energy holding the remaining 20%. At the end of July 2025, Surina ...