Staatsolie Maatschappij Suriname NV - Company Profile

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Staatsolie Maatschappij Suriname NV: Overview

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Staatsolie Maatschappij Suriname NV (Staatsolie) is a state-owned integrated energy company. It explores, develops, and produces hydrocarbon products. The company refines crude oil into bitumen, premium diesel, premium gasoline, and fuel oil. Staatsolie assesses offshore hydrocarbon potential in the country and negotiates petroleum contracts with international oil companies and monitors the execution of these contracts. It sells refined products in domestic and Caribbean countries. The company has a mining interest in the Merian gold mine. The company has oil fields in the district of Saramacca and a refinery in the District of Wanica. Staatsolie is headquartered in Paramaribo, Suriname.

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Headquarters Suriname
Address P.O. Box 4069, Dr. Ir. H.S. Adhinstraat 21, Paramaribo
Website www.staatsolie.com
Telephone 597 499649
No of Employees 1,200
Industry Energy and Utilities
Revenue (2022) $840.0M
   
   
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Staatsolie Maatschappij Suriname NV premium industry data and analytics

5

Upstream

Access comprehensive data and analysis of global upstream assets. This includes key information on fields, wells and blocks. It covers key commercial, geological, and technical attributes of assets and analysis of developments.

1

Midstream

Midstream database provides details on global active, upcoming , decommissioned, and cancelled oil & gas pipelines, LNG regasification and liquefaction terminals, liquid storage terminals, underground gas storage facilities, and gas processing plants.

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Downstream

View detailed information on global active, upcoming , decommissioned, and cancelled crude oil refineries, heavy oil upgraders and condensate splitters.

Products and Services

Products Services
Diesel Oil Bunker Services
Crude Oil Delivery and Transport
Fuel Oils
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Plans/Strategy In August, the company announced its plans for exploration on offshore acreage.
2023 Contracts/Agreements In May, the company signed production sharing contracts with TotalEnergies Suriname and QatarEnergy for offshore blocks 6 and 8.
2022 Contracts/Agreements In April, the company announced to expand their cooperation with Chevron Exploration Suriname for Shallow offshore Block 7.
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Competitor Comparison

Key Parameters Staatsolie Maatschappij Suriname NV EP Petroecuador Cuba Petroleo SA SOL Group Of Companies
Headquarters Suriname Ecuador Cuba Barbados
City Paramaribo Quito Havana Wildey Business Park
State/Province Paramaribo Pichincha Havana -
No. of Employees 1,200 - - -
Entity Type Government Government Government Private
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Executives
Name Position Board Since Age
Annand Jagesar Managing Director; Chief Executive Officer Senior Management 2021 -
H. Alendy Chairman Executive Board - -
J. Bousaid Vice Chair Executive Board - -
Agnes Moensi-Sokowikromo Director - Finance; Chief Financial Officer Senior Management 2015 -
M. Srihar Doobe Secretary Senior Management - -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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