Encouraged by Guyana discoveries, Staatsolie pushed to increase its participation in deepwater play - Panorama Insurance Brokers

Encouraged by Guyana discoveries, Staatsolie pushed to increase its participation in deepwater play

Suriname, through its state oil company, Staatsolie, pushed to increase its participation in offshore exploration and production activities following a string of massive oil finds made by its CARICOM sister, Guyana, since 2015. This was noted by Staatsolie’s Managing Director, Rudolf Elias during a recent radio interview.

In providing some historical context, Elias noted that Suriname created Staatsolie, a National Oil Company, some 40 years ago as it was under the presumption that it would find petroleum resources in its offshore basin.

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