During the past 33 years Staatsolie has developed from a grass-roots operation into an integrated oil company, contributing significantly to the Surinamese economy.

Staatsolie en Apache Corporation sluiten PSC voor offshore-blok 58

Staatsolie Maatschappij Suriname NV en het Amerikaanse Apache Corporation hebben op woensdag 24 juni 2015 een productiedelingscontract gesloten voor exploratie, ontwikkeling en productie van het offshore-blok 58.
Download brochure (Dutch)
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Petroleum Investment Opportunities

Offshore Suriname is virtually un-explored, with only 22 exploration wells drilled in an area of approximately 150,000 square km. Find out about the opportunities....

Half-Year Report 2015
Annual Report 2014

Our consolidated gross revenues in the first half of 2015 have declined by 41% to US$313.2 million compared to US$531.4 million in the same period in 2014. Consolidated earnings before tax have fallen by 84% to US$37.2 million compared to the first half of 2014. An average net sales price of US$49.88 during the reporting period compared to US$97.65 over the first half of 2014, combined with a daily crude production of 17,000 barrels, underlie these results. Taking this into account, we estimate that our overall gross revenues for 2015 will be approximately US$696.7 million, 34% lower than the US$1,056 million reported in 2014. This projection is based on an estimated average oil price of around US$30 a barrel for the remainder of 2015.

Download the Half-Year Report here
(pdf - 2.08 mb)

Staatsolie Magazine
The Staatsolie News 2015 June edition is now available.

Download Staatsolie News 2015 here (pdf - 2.28 MB)

Previous issues available here

Vision, Mission and Values

Vision 2030

  • Leading the sustainable development of Suriname’s energy industry
  • Becoming a regional player with a global identity in the energy market
  • Making a strong contribution to the advancement of our society.


  • To develop Suriname's hydrocarbon potential over the full value chain, to
    generate electricity, and to develop renewable sustainable energy resources.
  • To secure the energy supply of Suriname and to establish a solid position
    in the regional market.
  • To expand our reputation based on our growth performance, flexibility and
    corporate social responsibility.



HSEC Focused: We put health and safety first, strive for zero harm to our people and the communities around us, and minimize negative impacts upon the environment.

Integrity: We are honest and do what we say we will do.

People Focused: We Create a supportive and collaborative environment, respect each other, are open to other's ideas and facilitate personal and professional growth.

Excellence: We set high standards for quality, strive to exceed expectations and do our work with a sense of urgency.

Accountability: We accept responsibility for our job and actions, are co-operative, and create a non-blaming environment.


Realization of a Dream: Staatsolie, a Model for the Development of Natural Resources in Suriname By Eddy S. Jharap, former Managing Director of Staatsolie

In order to obtain development and prosperity, we cannot continue to have the hands out, but have to work ourselves. Eddy Jharap shows with an example from his own, how a descendant from indentured immigrants, born in an illiterate and poor family, have built a non traditional, but technological advanced petroleum company, Staatsolie, almost from scratch, in a politically turbulent small developing country, Suriname, South America.

De Back Story bij de “De realisatie van een droom (Staatsolie)” (in Dutch)
By Eddy S. Jharap, former Managing Director of Staatsolie

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