Tullow's Suriname wildcat was a disappointment
Tullow back to square one in Suriname
Latin American exploration campaign stutters as producer continues search for major offshore oil find
Investor confidence in Anglo-Irish independent Tullow Oil may have rebounded following the successful divestment of crucial African assets last year. But the company’s streak of bad luck again resurfaced with the announcement that its long-mooted Suriname exploration wildcat was a let-down. The operator revealed that the Goliathberg-Voltzberg North well, drilled in block 47, encountered a good quality reservoir but returned only minor oil shows with non-commercial volumes. Tullow will plug and abandon the well before examining the data and considering possible future exploration. “With around 16 exploration wells planned, including some in riskier frontier regions, 2021 holds a lot of
Also in this section
5 December 2025
Mistaken assumptions around an oil bull run that never happened are a warning over the talk of a supply glut
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
