French major TotalEnergies and APA Corp. of the US have made a significant new oil and associated natural gas discovery offshore Suriname, the tiny country on the northeast coast of South America whose oil and gas resource wealth is now mounting up.

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Qatar Petroleum, the leading LNG producer and the developer of a huge expansion at Ras Laffan in the Gulf and the Golden Pass export project in the US, is increasing its upstream presence in the Americas by winning two exploration blocks offshore the tiny nation of Suriname.

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Kosmos Energy, a shareholder with BP of the UK in the delayed floating LNG project offshore Senegal and Mauritania in West Africa, has agreed to sell upstream interests in a portfolio of other frontier exploration assets to a subsidiary of Royal Dutch Shell for around $100 million, plus future contingent payments of up to another $100M.

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