Staatsolie - Suriname's National Energy, Oil & Gas Company

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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.

IOCs invest US$ 1.7 Million in Surinamese Society

In 2024, the eight offshore Contractors spent US$ 1.7 million on social responsibility initiatives, primarily in education and healthcare, followed by local content. As the regulator of hydrocarbon operations in Suriname, Staatsolie Hydrocarbon Institute N.V. (SHI) strives to maximize the value of Suriname's hydrocarbon resources.

Info session Blue Wave Supplier Development Program

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Staatsolie Contributes over US$ 300 million to State Treasury for Third Consecutive Fiscal Year

Macaw-1 first of five offshore exploration wells in 2025

IOCs invest US$ 1.7 Million in Surinamese Society

Info session Blue Wave Supplier Development Program

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Staatsolie raises US$211.7 million more than targeted with new bond issue

Staatsolie Maatschappij Suriname N.V. issued a new bond of US$ 515.8 million on 23 March 2025. The total amount is US$ 211.7 million more than the US$ 304.1 million targeted.

Staatsolie outsources water transport of oil products

Staatsolie Maatschappij Suriname N.V. has announced the outsourcing of its barging operations.. For this, Staatsolie has partnered with Holland Energy Services B.V. (HES) and N.V. Scheepvaart Maatschappij Suriname (SMS).

Request Expression of Interest Performing Repairs on 161 kV Towers

Staatsolie Power Company Suriname N.V. (SPCS) is soliciting interest from service providers who have the skills, competencies, experience and technical requirements to carry out the services listed. This is an Expression of Interest and not an Invitation to Bid.

Staatsolie Issues New Bond

Staatsolie Maatschappij Suriname N.V. is launching a new bond to raise at least US$ 250 million and EUR 50 million. The funds will be used to support Staatsolie’s participation in the development of the GranMorgu offshore oil field in Block 58. The official launch of the bond issuance took place on 31 January 2025.

Staatsolie has a solid foundation for accelerated growth

With the approval of the development plan and the announcement of the final investment decision for a production field in Block 58, 2024 marked a historic milestone for Staatsolie Maatschappij Suriname N.V. and Suriname. The production and financial results of the past year confirm the solid foundation of our company.

Sustainability Report 2023

We present our Sustainability Report 2023. This report is based on the International Petroleum Industry Environmental Conservation Association’s (IPIECA) Sustainability Reporting Guidance for the Oil and Gas Industry 4th edition 2020, revised, February 2023.

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