Announcement: Public Inspection of the Environmental Management and Monitoring Plan for Staatsolie’s Seismic Survey
Staatsolie Maatschappij Suriname N.V. (Staatsolie) plans to carry out a 3D seismic survey in the south-central part of the Surinamese Shallow Offshore area, off the coast of Saramacca and Coronie.
Drilling of Korikori-1 Exploration Well to Begin in Block 5
Staatsolie announced today that Chevron Suriname Exploration Limited is expected to begin drilling the Korikori-1 exploration well this month. The well is located approximately 78 kilometers offshore, in the north-central part of Block 5 at a water depth of around forty meters. Block 5 is operated by Chevron (40%) in partnership with Paradise Oil Company (POC) (40%) and Qatar Energy (20%).
Sustainability report 2024
We are presenting our Sustainability Report 2024, in which we report on our efforts in sustainability, responsible business practices, and corporate social responsibility.
Staatsolie Bond Payments – Interest and Principal Disbursement
Starting Tuesday, September 23, Staatsolie Maatschappij Suriname N.V. will initiate the Staatsolie Bond Payments.
Announcement
Staatsolie Maatschappij Suriname N.V. (Staatsolie) plans to conduct a seismic survey in the Shallow Offshore area.
Offshore Open-door Offering Launching November 2025
Staatsolie will launch an Open-Door Offering in November 2025, for open acreage offshore Suriname.
Invitation Expression of Interest for Fuel Transport
Staatsolie is soliciting interest from contractors who have the skills, competencies, experience, equipment and technical requirements to carry out fuel transport services.
Hess exits Block 59 offshore Suriname
The American international oil and gas company Hess (Suriname II) Exploration Limited (Hess) will relinquish Block 59 in offshore Suriname on 8 July 2025. The block will return to Staatsolie and become part of the open acreage.
Staatsolie and PETRONAS sign production sharing contract for Block 66
On 17 June 2025, Staatsolie Maatschappij Suriname N.V. signed a production sharing contract (PSC) with PETRONAS Suriname E&P B.V. (PSEPBV) and Paradise Oil Company N.V. (POC) for Block 66 in Suriname's deep offshore.
Staatsolie and the GranMorgu Project backed by broad (inter)national confidence
Staatsolie concludes US$ 1.6 Billion bank loan Staatsolie Maatschappij Suriname N.V. concluded a US$ 1.6 billion bank loan with a group of 18 banks and financial institutions in total on Wednesday, 14 May 2025. With this loan, Staatsolie will finance its twenty percent participation in the GranMorgu project in the offshore block 58.
Staatsolie Contributes over US$ 300 million to State Treasury for Third Consecutive Fiscal Year
Staatsolie Maatschappij Suriname N.V. reported a revenue of US$ 735 million for the fiscal year 2024. US$ 384 million was contributed to the state treasury, marking the third consecutive fiscal year with contributions exceeding US$ 300 million. The Annual General Meeting of Shareholders (AGM) approved the financial statements for 2024 on Tuesday, May 6, 2025.
Macaw-1 first of five offshore exploration wells in 2025
TotalEnergies plans to begin drilling the Macaw-1 exploration well in Block 64, located offshore Suriname, by mid-May 2025. Macaw-1 is the first of five offshore exploration wells scheduled for drilling this year. If successful, the exploration drilling program could potentially lead to new oil and gas plays in the Suriname-Guyana over the long term.