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Staatsolie raises US$211.7 million more than targeted with new bond issue

Staatsolie Maatschappij Suriname N.V. issued a new bond of US$ 515.8 million on 23 March 2025. The total amount is US$ 211.7 million more than the US$ 304.1 million targeted.

Staatsolie outsources water transport of oil products

Staatsolie Maatschappij Suriname N.V. has announced the outsourcing of its barging operations.. For this, Staatsolie has partnered with Holland Energy Services B.V. (HES) and N.V. Scheepvaart Maatschappij Suriname (SMS).

Request Expression of Interest Performing Repairs on 161 kV Towers

Staatsolie Power Company Suriname N.V. (SPCS) is soliciting interest from service providers who have the skills, competencies, experience and technical requirements to carry out the services listed. This is an Expression of Interest and not an Invitation to Bid.

Staatsolie Issues New Bond

Staatsolie Maatschappij Suriname N.V. is launching a new bond to raise at least US$ 250 million and EUR 50 million. The funds will be used to support Staatsolie’s participation in the development of the GranMorgu offshore oil field in Block 58. The official launch of the bond issuance took place on 31 January 2025.

Staatsolie has a solid foundation for accelerated growth

With the approval of the development plan and the announcement of the final investment decision for a production field in Block 58, 2024 marked a historic milestone for Staatsolie Maatschappij Suriname N.V. and Suriname. The production and financial results of the past year confirm the solid foundation of our company.