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The reasons for the postponement were not
immediately clear.
According to previous reports, Canje may
hold as much as 10bn barrels of oil. Westmount
highlighted Jabillo’s potential in its statement,
saying: “Previously published information
indicates that Jabillo-1 is a circa 1bn-barrel oil
prospect targeting a Late Cretaceous, Liza-age
equivalent, basin floor fan.”
ExxonMobil and its partners finished work
at Bulletwood-1, the first exploration well sunk
at Canje, earlier this year. The well contained
non-commercial quantities of hydrocarbons,
but the investors hope to review the informa-
tion they have collected so far to gain further
insights. The Stena Carron drillship is at the Jabillo-1 site (Photo: Stena Drilling)
Meanwhile, work on the third exploration
well at Canje – Sapote-1, located in the eastern with 35%; JHI (Canada), with 17.5%, and
section of the block – is due to begin in 2021. Mid-Atlantic Oil & Gas (Guyana), with 12.5%.
ExxonMobil will use the Stena DrillMAX drill- JHI, which is partially owned by Westmount,
ship for this well. used to have a larger stake in the block, but it
Equity in the Canje project is divided reduced its equity holdings via a farm-out deal
between ExxonMobil, with 35%; Total (France), with Total in 2018. ™

SURINAME
Yinson to carry out pre-FEED study

for FPSOs in Suriname and Angola

MALAYSIA’S Yinson Holdings has won a con-
tract from TotalEnergies (France) for a prelimi-
nary front-end engineering and design (FEED)
study of two floating production, storage and
off-loading (FPSOs) units that the latter com-
pany will use to develop fields offshore Suri-
name and Angola.
Yinson announced the contract award in a
statement earlier this week, saying that one of
the planned FPSOs would be installed at Block
58 in Suriname’s offshore zone and at Block
20/11 in Angola’s offshore Kwanza basin. The
former will go to a site around 150 km from
Paramaribo in 2,000-metre-deep water, while
the latter will go to a site around 160 km from
Luanda in 1,400-metre-deep water, it noted.
The Malaysian company stated that its Oslo
office had agreed to carry out the pre-FEED
study for a fee that both parties had approved.
It also said it had agreed to complete the project
within 32 weeks of signing the agreement. One of the planned FPSOs will be installed at Block 58 (Image: TotalEnergies)
The study will provide TotalEnergies with
technical and commercial information, offer concentrating on the optimising of the design
solutions for reducing carbon dioxide (CO2) and execution strategy.”
emissions and cover options for leasing and Grønnegaard went on to say that Yinson
operating the FPSOs. Flemming Grønnegaard, looked forward to demonstrating its operational
Yinson’s CEO for offshore production, com- and technical capabilities to TotalEnergies and
mented: “The pre-FEED [study] is expected highlighted his company’s experience in both
to create greater value for the projects by South America and Africa.

Week 23 10•June•2021 www. NEWSBASE .com P9