The nomination stage is the first step in a revamped bidding process that will allow operators to design block sizes that encompass the areas they believe hold the best chances for commercial finds, Staatsolie petroleum contracts manager Marny Daal-Vogelland told the Trinidad & Tobago Energy Conference in Port of Spain.
“We want to increase rapidly the amount of acreage under contract,” Vogelland said, noting that Staatsolie has responsibilities both as a state-run operator and as Suriname’s petroleum regulator.
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