Suriname plans data-driven local content strategy for offshore oil growth

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Suriname plans to use workforce and industry data to build a local content strategy that prepares citizens and businesses for opportunities from the country’s expanding offshore oil sector.

Minister of Oil, Gas and Environment Patrick Brunings said the government wants local participation to be based on the skills, services, and workforce numbers required by energy projects. Brunings outlined the approach in an interview published by The Global Investor, a media and advisory platform focused on investment promotion and investor engagement in emerging markets.

“Local content has to be planned with data and realism,” Brunings said. “The starting point is understanding what skills and services are required, when they are required, and in what numbers.”

Suriname is preparing for GranMorgu, its first offshore oil development. TotalEnergies and APA Corporation approved the Block 58 project in October 2024, with investment estimated at about US$10.5 billion. The development will produce the Sapakara and Krabdagu fields, located about 150 kilometers off Suriname’s coast. Its floating production, storage, and offloading vessel will have a production capacity of 220,000 barrels per day. First oil is targeted for 2028.

Brunings said information on industry demand would guide changes to education and training programs.

“Once you have that data set, you can build a local content strategy that is targeted, including education and training adaptations,” he said.

The minister said the government’s objective extends beyond establishing participation targets. He identified national capability, stronger institutions, infrastructure planning, safety, and environmental management among the government’s immediate priorities.

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The government also wants petroleum development to generate wider economic value rather than create an isolated enclave economy, according to Brunings.

“Our priorities are to build national capability, strengthen institutions and plan for the broader economic effects that come with a new oil province,” he said.

Brunings said local businesses and workers must be positioned to participate meaningfully in the sector. The government also intends to manage petroleum revenues in a disciplined manner.

State-owned Staatsolie will remain central to the industry and serve as a key partner across the energy value chain. Suriname will also continue working with international operators and service companies. He said the presence of major international oil companies reflected confidence in Suriname’s geology and its approach to partnerships.

Suriname also plans to strengthen governance, regulatory clarity, and environmental oversight as offshore activity expands.

“We want investors to move with confidence, and we want development to be responsible, safe and aligned with long-term national benefit,” Brunings said.

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