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Suriname must begin discussion on coming oil money – Staatsolie CEO

Mr Rudolph Elias, CEO of Suriname state oil company Staatsolie Maatschappij Suriname N.V., says with the second significant oil discovery at Block 58 offshore...

Suriname refinery to shut down for 40 days

Suriname state oil company Staatsolie Maatschappij will undertake a major maintenance operation at its Tout Lui Faut Refinery, located 20km south of Paramaribo in...

Data from dry holes ‘sharpen chances of success’ in future exploration...

Despite encountering 6 dry holes in its Nearshore Drilling Project (NSD), Suriname state oil company Staatsolie says the campaign allowed for valuable data to...

Suriname’s state oil firm signs production-sharing deal with Columbus

(Reuters) - Suriname’s state-owned oil firm said on Friday it had signed a production-sharing agreement for the onshore Weg Naar Zee (WNZ) block with...

Suriname hoping to replicate Guyana’s ‘one find after the other’ lucky...

As oil discoveries in Guyana continue to ramp up in what industry analysts have described as a ‘remarkable series of results’ since the world...

Staatsolie, TT oil company enter production sharing contract for Nickerie block

Staatsolie Maatschappij Suriname N.V. and Trinidad and Tobago’s Decker Petroleum Marketing Co. LTD, have signed a production sharing contract for the Nickerie block. Decker will...

Staatsolie begins near-shore drill campaign in Suriname

Suriname state oil company Staatsolie began a near-shore drill campaign on Tuesday with the West Castor drilling platform. Waterkant reports that this involves drilling, where...

Suriname Staatsolie enters production sharing agreement with Carin Energy

Staatsolie Maatschappij Suriname N.V. and its new partner UK-based Cairn Energy signed a production sharing contract for offshore Block 61 on June 26. Cairn...

Suriname has long history of respecting oil agreements – Staatsolie CEO

Staatsolie Maatschappij Suriname N.V Managing Director and Chief Executive Officer, Rudolf Elias, says the Dutch-speaking South American country has a long history of respecting...

ExxonMobil, Hess and Statoil farm into Suriname blocks

Suriname state oil company Staatsolie and the consortium consisting of ExxonMobil, Hess and Statoil have reached an agreement regarding a PSC for Block 59...