Suriname’s President Chandrikapersad Santokhi says the country must reject complacency and a culture that tolerates mistakes as it prepares for its first offshore oil development.
“As a nation, we must reject the mentality that accepts mistakes and shortfalls as usual,” he said. “We must eliminate the sense of entitlement without effort and focus on making constructive contributions to the country’s development.”
Santokhi raises ‘pressing concerns’ as Suriname set to receive billions | OilNOW
Suriname is on the verge of becoming an offshore oil producer. However, Santokhi warned that the nation must not rely solely on petroleum revenues. “Oil and gas must be seen as a steppingstone to our nation’s future and further development, not as a destination,” he stated.
The Surinamese head of state also underscored the importance of accountability and active participation from citizens. “Complaining without action is unproductive. Let us work towards a better Suriname. Flexibility, adaptability, and the willingness to learn are qualities that will prepare us for progress.”
Suriname oil development could be most expensive to date in Guyana Basin | OilNOW
Public awareness, he noted, is key to ensuring that citizens understand the oil and gas sector’s impact and opportunities. “We cannot assume that our citizens fully understand how the sector operates or how they will benefit from it.”
Santokhi urged all stakeholders, including the government, private sector, and civil society, to collaborate. “Every action counts. Whether we volunteer in our communities, mentor the next generation, or contribute to national debates, we all have a role in building a better Suriname.”
TotalEnergies and Block 58 partner, APA Corporation, made their final investment decision in the Gran Morgu project in October 2024. The Gran Morgu project includes a system of subsea wells connected to a floating production, storage and offloading (FPSO) vessel. Some major contracts have already been awarded, including the hiring of SBM Offshore and Technip Energies to deliver the FPSO, as well as Saipem and TechnipFMC for the subsea work. The project will target oil production at a rate of 220,000 barrels per day (b/d), starting in 2028.
