Staatsolie Company News

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NOC Spending Plans Clash with Paris Accord Targets
Tuesday, February 09, 2021A US-based think-tank contends that billions in NOC projects will only be profitable if emissions targets are missed.

Spain's CEPSA Takes 25% Share in Suriname Offshore Block
Thursday, December 12, 2013Staatsolie says the local subsidiary of CEPSA has acquired a 25% share in an offshore oil block where Staatsolie is partnered with Apache of the United States.

Kosmos Acquires Stake Offshore Suriname
Wednesday, December 14, 2011Kosmos Energy said Wednesday that it has executed two Production Sharing Contracts with Staatsolie Maatschappij Suriname N.V., the national oil company of Suriname, for Blocks 42 and 45 offshore Suriname.

Staatsolie to Drill in Commewijne Block Onshore Suriname
Monday, July 28, 2008Staatsolie Company Suriname will start exploration drilling in the onshore Commewijne Block on July 29, 2008. Operations will take place to the north of the right hand bank of the Commewijne River, and drilling will take about four months.

Uitkijk Exploration Drilling Begins, Results in December
Tuesday, July 31, 2007Exploration drilling of the Uitkijk onshore block in Suriname has begun, an E&P division official from state oil company Staatsolie told BNamericas.

Murphy to Explore for Oil Offshore Suriname
Friday, June 08, 2007Murphy Oil has signed a six year production sharing contract for Block 37 offshore Republic of Suriname in South America.

Staatsolie Plans to Launch New E&P Round in 2008
Friday, May 18, 2007Suriname's state oil company Staatsolie in March 2008 plans to launch a new E&P round for nearshore blocks, a company E&P division official told said.

Staatsolie, Paradise, Tullow Ink E&P Contracts
Tuesday, February 27, 2007Suriname's state oil company Staatsolie has signed two production-sharing contracts with its subsidiary Paradise Oil and the latter's JV partner, independent firm Tullow Oil.

Korea National Oil Eyes Suriname Oil Sector
Thursday, February 22, 2007KNOC is interested in exploring potential oil fields in Suriname, Caribbean Net News quoted Han Byong-gil, Central and South American affairs director at South Korea's foreign affairs ministry, as saying.

Hardman Acquires New Venture in Suriname
Monday, April 24, 2006Hardman has signed Heads of Agreement with Suriname's State Oil Company, Staatsolie Maatschappij Surinam N.V. and its affiliate, Paradise Oil NV, to acquire a 40% working interest in the onshore Uitkijk and Coronie concessions in Suriname.

Staatsolie Launches Tender for 3 Offshore Blocks
Tuesday, January 03, 2006Suriname's state oil company Staatsolie has launched its 2006 international bid round for three exploration blocks in the southeast of the country's offshore territory in the Suriname-Guyana Basin.

Staatsolie Awards Occidental Block 32 Offshore Suriname
Tuesday, October 25, 2005Staatsolie and Occidental have completed negotiations for offshore block 32.

Repsol YPF Processing Seismic Data from Block 30 Offshore Suriname
Tuesday, October 25, 2005The seismic data collected at end of last year and the beginning of this year is now being processed. Repsol YPF has processed all the data collected and is now preparing a 3D seismic evaluation of offshore block 30.

Staatsolie Signs PSA with Maersk for Block 31 Off Suriname
Wednesday, November 10, 2004State Oil Company Suriname and Danish oil company Maersk Oil signed a production sharing agreement on Tuesday, November 9, 2004. The contract involves the exploration, development and production of petroleum from offshore Block 31 located in the coastal waters of Suriname.

Staatsolie Attracts Exploration Interest But No Bids
Friday, May 28, 2004Suriname's state oil firm Staatsolie did not receive any bids by the May 24 deadline on exploration contracts for 13 offshore blocks, but the promotion of the blocks has raised the country's profile, Staatsolie exploration and production contracts manager Marny Daal-Vogelland said.

Repsol YPF Enters E&P Contract in Suriname
Monday, April 26, 2004Repsol YPF signed a production sharing contract with the Surinamese state-owned company, Staatsolie for the exploration and production of oil in Block 30, which is 100 km offshore Suriname.

Staatsolie, Repsol YPF to Sign E&P Contract in 1Q04
Monday, December 22, 2003Staatsolie plans to sign a 30-year exploration and production contract with Repsol YPF by March 31, 2004 for offshore block 30 in the Guyana basin.

Repsol Eyes Exploration Block Offshore Suriname
Thursday, December 18, 2003Suriname's state oil firm Staatsolie has signed an agreement with Repsol YPF to study oil & gas investment in the South American country.