Three Parties Join Forces, Halliburton and Others Advance Offshore Suriname Development
2026-04-07 13:34
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en.Wedoany.com Reported - Halliburton has entered into a strategic collaboration with Petronas Suriname E&P B.V. and Valaris to jointly advance offshore development in Suriname, with a key focus on early-stage alignment during the planning and execution phases.

The agreement integrates the operator, drilling contractor, and service provider during the initial project stages to enhance the connection between subsurface evaluation, well location planning, and drilling execution. By combining Petronas' basin exploration experience, Valaris' offshore drilling capabilities, and Halliburton's well construction and digital technologies, the partners aim to improve project readiness and execution performance.

Shannon Slocum, Halliburton's Chief Operating Officer, stated: "This collaboration reflects Petronas Suriname E&P B.V.'s confidence in our early engagement approach and our ability to build execution readiness from the start. Integrating subsurface insights with well construction expertise strengthens alignment throughout the development lifecycle and, together with Petronas Suriname E&P B.V. and Valaris, reinforces consistent, high-quality execution."

The collaborative approach emphasizes early integration of technical workflows by connecting subsurface analysis with drilling development planning to improve decision-making efficiency and effectiveness. The offshore sector in Suriname is demonstrating sustained growth momentum, with operators actively pursuing development strategies for deepwater resources. This agreement will further contribute to the progress of regional energy projects.

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