Keywords
  • Staatsolie received first offer under Open Door Invitation 2017

    On September 15,2017 Staatsolie received the first proposal from a O&GC for an area offshore Suriname they are interested in exploring
  • Staatsolie received second offer under Open Door Invitation 2017

    On September 15,2017 Staatsolie received a second proposal from a O&GC for an area offshore Suriname they are interested in exploring
  • Staatsolie received third offer under Open Door Invitation 2017

    On September 16,2017 Staatsolie received a third proposal from a O&GC for an area offshore Suriname they are interested in exploring
  • Open Door Invitation 2017

    Open Door Policy Suriname open on 15 September 2017. Click here for the Open Door Invitation 2017.
  • Staatsolie concludes production-sharing contracts for two offshore blocks

    Staatsolie concludes production-sharing contracts for two offshore blocks On 13 July 2017, Staatsolie Maatschappij Suriname N.V. concluded production-sharing contracts for two offshore blocks. For Block 59, an agreement was signed with a consortium consisting of the oil companies ExxonMobil, Hess Corporation and Statoil. With Statoil a contract was signed for Block 60.
  • PSC Agreements Blocks 59 & 60

    Staatsolie and the consortium consisting of ExxonMobil, Hess and Statoil have reached agreement regarding a PSC for Block 59 offshore Suriname. At the same time an agreement was reached with Statoil for Block 60. The blocks were awarded to the consortium and Statoil as a result of Staatsolie’s ‘Open Door Policy Offshore Suriname’. Parties expect to sign the PSC’s no later than the second week of July 2017. On 15 September 2017 the ‘Open Door Policy Offshore Suriname’ will reopen, and interested companies will again have the opportunity to submit proposals for the open offshore acreage.

Why invest in Suriname?

With an estimated resource potential of 13.6 Billion barrels (P50), the United States Geological Survey (USGS 2012) ranks the Guyana-Suriname Basin 2nd in the world for prospectivity among the world’s unexplored basins and 12th for oil among all the world’s basins – explored and unexplored.

For the past 35 years, Staatsolie has produced 109 Million barrels of crude oil onshore Suriname from Paleocene and Eocene reservoirs, which is derived from the Canje Formation.  Yet, offshore Suriname is virtually under-explored, with 26 exploration wells drilled in an area of approximately 130,000 km2, of which only 14 wells are drilled beyond water depths of 20m.

With a proven petroleum system in place, a variety of promising plays and a substantial amount of available data, the Guyana-Suriname Basin has all the ingredients to become your next major oil province.

Come explore with us!

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