Staatsolie

Staatsolie Maatschappij Suriname N.V. is a vertically integrated state-owned company.

More Info on Staatsolie

Staatsolie was founded in December 1980, with the Republic of Suriname as the sole shareholder.

News

The current Open Door application process runs through mid-September.
June 25, 2026
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offshore Guyana map
The program will cover waters in between the borders with neighboring countries French Guiana and Guyana.
May 18, 2026
More operators have been exploring for oil and gas now that the country’s first deepwater development, GranMorgu, is underway.
Jan. 6, 2026
This was the first of four exploration and appraisal wells on Block 52, and Petronas and partner Staatsolie aim to prove up further resources for a first commercial field development...
Dec. 15, 2025
The project, a partnership with Suriname’s state-owned Staatsolie, is designed to firm up the exploration potential of a nearshore region.
Dec. 2, 2025
The two companies, in partnership with QatarEnergy and Paradise Oil, will initially acquire and process 3D seismic over an area 50 km offshore.
Nov. 6, 2025
ID 283518626 © Image.Net | Dreamstime.com
offshore Suriname licensing round
Suriname’s state-owned Staatsolie is planning an open-door offshore license round in November.
Aug. 29, 2025
Over the past year, Hess was unable to find new partners to continue exploration of Block 59.
July 10, 2025
ID 335532139 © Tanjim Hasan | Dreamstime.com
Map of Suriname and surrounding countries, with Atlantic Ocean.
A Petronas subsidiary has acquired the exploration, development and production rights in Block 66 offshore Suriname with the signing of a production sharing contract.
June 27, 2025
Exxon Mobil has advised Suriname’s state oil and gas company Staatsolie that it is exiting offshore Block 52, despite the Slonea gas discovery made in 2020.
Nov. 22, 2024

Articles

QatarEnergy has acquired a 20% interest in shallow-water Block 5 offshore Suriname, following Shell's departure from the block.
Aug. 14, 2024
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Staatsolie has signed production sharing contracts for three offshore blocks offered under the Demerara Bid Round, which closed this May.
Dec. 18, 2023
Staatsolie Hydrocarbon Institute has opened a bid round for 11 new blocks offshore Suriname.
Nov. 8, 2023
Courtesy Staatsolie Maatschappij Suriname N.V.
This map shows the shallow offshore west area with blocks on offer.
Staatsolie and Chevron have signed a production sharing contract for Block 7 in shallow-water Suriname.
April 27, 2022
(Courtesy CGG)
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A consortium of TGS, CGG, and BGP have signed a multi-client agreement with Suriname’s state oil company Staatsolie.
Oct. 20, 2021
(Courtesy Staatsolie)
Staatsolie 1018
Chevron has signed a 30-year production-sharing contract with Staatsolie for block 5 offshore Suriname.
Oct. 18, 2021

Additional content from Staatsolie

Staatsolie, Suriname’s state oil company, has signed production sharing contracts for two of the country’s shallow-water blocks with CNPC subsidiary PetroChina Investment Suriname...
Oct. 2, 2024