(Energy Analytics Institute, 1.Jun.2021) — Energy briefs from the Latin America and Caribbean region including: Ofac extending Chevron’s operating license in Venezuela; Microsoft founder, Bill Gates, participating in the Innovating To Net Zero Summit; and the kick off of the Suriname Energy, Oil and Gas Summit (SEOGS2021). Ofac Extends Chevron’s […]
Tag: Staatsolie Maatschappij Suriname
Suriname And The SEOGS2021 Set To Start
(Energy Advance, 1.Jun.2021) — Staatsolie’s inaugural address will Suriname Energy, Oil & Gas Summit, running from 1-3 June 2021. With H.E. Chandrikapersad Santokhi, President, Government of the Republic of Suriname giving a keynote address this morning the Suriname Energy, Oil & Gas Summit, 1-3 June 2021, hosted by Staatsolie Maatschappij […]
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Suriname Local Content Workshops [Free Registration]
(Energy Analytics Institute, 31.May.2021) — Three local content workshops will be running during the last day of the Suriname Energy, Oil and Gas Summit (SEOGS) to be held virtually between 1-3 June 2021. The workshops will consist of panels of local, regional and global experts who will all discuss areas […]
Suriname Shallow Offshore (SHO) Bid Round 2020/2021 Closes
(Staatsolie, 2.May.2021) — The Suriname Shallow Offshore (SHO) Bid Round 2020/2021 which was launched on 16 November 2020 has been closed for bid submissions as per 30 April 2021, in accordance with the timeline provided in the Instruction to Bidders. Staatsolie Maatschappij Suriname N.V. has received a total of ten (10) […]
Staatsolie Offers Forum Recordings On Local Content Service
(Staatsolie, 1.May.2021) — The recordings and presentation from the Local Content Service Forum held on 4 March 2021 are now available. You can find it here. The FAQ will be available soon. If you are not registered with the Suriname Supplier Portal, we invite you to register. If you are a […]
Suriname Energy Summit: 1-3 June 2021
(Energy Advance, 12.Apr.2021) — The Suriname Energy, Oil & Gas Summit (SEOGS) will be hosted virtually from 1-3 June 2021. The inaugural SEOGS hosted by Staatsolie is the official event for Suriname’s nascent hydrocarbons sector and looks to bring together all the major public and private sector stakeholders across the entire oil and gas value […]
Big Oil Sees Major Potential In Suriname
(Oilprice.com, 7.Sep.2020) — Suriname is one of Latin America’s poorest countries. Up until July 2020, the former Dutch colony was mired in a political crisis that emerged from the hotly contested May parliamentary elections. It saw incumbent, former military strongman and convicted murderer, Desiree Bouterse replaced by former police chief […]
Apache Finds Oil Offshore Suriname At Kwaskwasi-1
(Apache, 29.Jul.2020) — Apache Corporation and Total S.A. announced a major oil discovery at the Kwaskwasi-1 well drilled offshore Suriname in Block 58. The well was drilled using the Noble Sam Croft with Apache as operator holding a 50% working interest and Total holding a 50% working interest. Kwaskwasi-1 was […]
Suriname Elects New President Santokhi
(The New York Times, 13.Jul.2020) — Desi Bouterse has cast a long shadow over Suriname since its independence. Once a dictator, he returned as a populist, but fell in the face of the pandemic and an economic crisis. Suriname elected a new president on Monday, ending the long rule of […]
Suriname Awaits Drilling Of Third Apache Well Offshore
(Energy Analytics Institute, 4.Jul.2020) — Suriname, the small Dutch-speaking South America country looking to emulate the success of its immediate neighbor to the north, Guyana, is awaiting drilling results of a third well to be drilled offshore by US-based Apache Corporation and Paris-based Total. The companies have already drilled two […]
The Oil Nation Aiming To Emulate Guyana’s Success
(Oilprice.com, 20.Jun.2020) — Paths to economic development might vary, ranging all the way from ruthless dictatorships hewing their way with an iron fist to established democracies laboring towards the well-being of its constituents. In terms of swift decision-making and efficiency, 20th century empirical data would rather tilt towards dictatorships with […]
Staatsolie Issues $195mn International Bond
(Staatsolie, 23.Mar.2020) —  Staatsolie Maatschappij Suriname N.V. issued a US$ 195 million bond in Suriname and Curaçao on 23 March 2020. This bond issuance is internationally listed on the Dutch Caribbean Securities Exchange (DCSX). De Surinaamsche Bank N.V. is the arranger. The listing of the 2020-2025/2027 bond on the DCSX […]
Suriname’s 14 Active PSCs With IOCs And NOCs
(Energy Analytics Institute, 3.Oct.2019) — Suriname has 14 active production-sharing contracts (PSCs) with companies from Apache and Total to Petronas and ExxonMobil. The PSCs grant contractors the authority to operate in the respective block on behalf of Suriname’s state oil and gas company Staatsolie. An overview of the active PSCs, […]
Suriname Seeking Funds for Offshore Exploration
(Reuters, 16.Aug.2019) — Suriname’s state-owned oil company is planning a bond sale next year to finance offshore oil exploration, its chief executive said on Thursday, as it seeks to capitalize on growing hype over neighboring Guyana’s looming oil boom. The company, Staatsolie Maatschappij Suriname, would also consider listing some of […]
Suriname’s State Oil Entity Plans Bond Issuance
(Reuters, Ank Kuipers, 15.Aug.2019) — Suriname’s state-owned oil company is planning a bond sale next year to finance offshore oil exploration, its chief executive said on Thursday, as it seeks to capitalize on growing hype over neighboring Guyana’s looming oil boom. The company, Staatsolie Maatschappij Suriname, would also consider listing […]
Staatsolie Inks PSC For Suriname’s Nickerie Block
(Staatsolie, 24.May.2019) — Staatsolie Maatschappij Suriname N.V. and Decker Petroleum Marketing Co. LTD, from Trinidad, signed the production sharing contract (PSC) for the Nickerie block on 24 May 2019. Decker will explore the Nickerie block for oil and gas. The duration of the contract is 37 years, including an exploration […]