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
13 March 2026
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
12 March 2026
Emergency oil stocks provide a last line of defence to oil market shocks, so the IEA’s unprecedented 400m bl release represents something of a double-edged sword
12 March 2026
LPG could rapidly expand access to clean cooking across Africa and prevent hundreds of thousands of deaths from indoor air pollution each year, but infrastructure shortages and regulatory barriers are slowing investment and market growth
11 March 2026
Missiles over Dubai and disruption in Hormuz are testing the emirate’s reputation—and shaking the energy hub at the centre of the Gulf economy
