Fifty-six local suppliers have completed Suriname’s Blue Wave Supplier Development Program, expanding the number of businesses equipped to support the country’s offshore industry. Blue Wave announced the milestone on LinkedIn on December 3.
75% of SMEs in Suriname’s Blue Wave Supplier Program report business growth | OilNOW
Blue Wave said it is “proudly celebrating 56 local suppliers who have successfully completed the Blue Wave Supplier Development Program.” The program is held in partnership with Staatsolie, TotalEnergies, Chevron, QatarEnergy and PetroChina.
The partners stated, “This achievement reflects the tremendous commitment of Suriname’s National Oil Company and leading International Energy Companies to invest in local capability, strengthen supply-chain readiness and build a competitive ecosystem that supports long-term national growth.”
According to Blue Wave, it has been working side by side with strategic partners to elevate standards in “Health, Safety, Security and Environment, Cyber Security, Quality, Environmental, Social and Governance, Compliance, Technical Capabilities and Financials.”
It said the results speak for themselves: “Stronger businesses, empowered communities and a more resilient energy supply chain for Suriname.”
Staatsolie launched the Blue Wave Supplier Development Program in 2024 in collaboration with ExxonMobil and Chevron. The initiative aims to bring local companies “to a higher level” so they can compete for work in Suriname’s expanding offshore sector.
Chevron’s role stands out because of its broad involvement across multiple offshore blocks. The company operates Block 5 with a 40% stake and Block 7 with an 80% stake, and holds 67% of Block 42 and 33% of Block 59.
