Suriname is taking careful steps to prepare for its first offshore oil production, with initiatives underway across government, industry, and regulatory bodies to ensure the country is ready when production starts.
At the center of this approach is the GranMorgu development in Block 58, operated by TotalEnergies in partnership with APA Corporation.
As that milestone approaches, attention is shifting beyond infrastructure to the systems needed to manage and sustain the sector. Staatsolie Maatschappij Suriname NV (Staatsolie) is the national energy, oil, and gold company working to maximize the long-term value of the oil industry.
In the lead-up to First Oil, a key target area for strengthening is institutional capacity. Staatsolie and Suriname’s Tax Department signed a three-year cooperation agreement aimed at strengthening tax and customs oversight.
The program will boost local technical expertise to assess costs, monitor production flows, and manage revenues in a complex offshore environment. The training will blend technical instruction with practical application, enhanced by international knowledge sharing and exchange. Click here to read more.
