b'AN ERA OF PIONEERINGAfledglingstateoilcompanybuildsoilinfrastructure,includingonshoreoilfieldsandarefinery,fromthegroundup,andthroughtirelessworkanddedicationgainsexpertiseandhard-wonconfidence.1997 2000Refinery in ToutStaatsolie builds Lui Faut opens,22km pipeline from with productionits refinery to its of 8,000 barrelsprimary customer, per day. Suralco.AN ERA OF PROGRESSTo prepare for the development of major offshore resources, Staatsolie expands its onshore operations and transforms itself from a regional state oil company into a world-class organization, ready to partner with IOCs and reward investors.2020 2020 2020 StaatsolieStaatsolie attracts DISCOVERIES!assumes investors with the issuance operation ofof its first internationalIOCs Apache and Total make three consecutive major Afobaka listed bond. Participationoffshore oil discoveries in Block 58, and Petronas and hydro-electricof 30% acquired in theExxonMobilmakeadiscoveryinBlock52.Thesefindsplant, expandingSaramacca Goldmine.into sustainableconfirmSurinameasaworld-classhydrocarbonresource.energy.AN ERA OF PROMISEStaatsolie is ready to fully participate in an era of promise, helping our country realize the long-term societalbenefitsofmajoroilandgasproductionrevenue,aswellasdevelopingnewsustainableenergy solutions for the future.We will be utilizing the value of offshore oil to advance a gradual but sustainable shift towards a low-carbon economy. EDDY FRNKEL , Deputy Director Power & Sustainable Energy'