Who are we

We are Staatsolie Maatschappij Suriname N.V., a vertically integrated state-owned company founded in 1980. We explore, drill, produce, refine, market, sell and transport petroleum and products refined from it. We also generate electricity. With the production and supply of energy, we meet the growing energy needs of our society.

Join our investment opportunities
Suriname's offshore potential is attracting more attention from the industry. Over the years, renowned IOCs have partnered with us to unlock the huge hydrocarbon potential of the Guiana basin. We welcome all interested parties to join us.

Staatsolie Bond 2020

The purpose of the Staatsolie Bond 2020 is to raise US$ 150 million for the renewal of the Staatsolie Bond 2015 and to fund the investment program 2020-2027, including the Pikin Saramacca goldmine of IAMGOLD Rosebel Gold Mines. These investments will contribute to the further growth and success of Staatsolie. You can be part of Staatsolie’s success by making a solid investment for 5.5 or 7 years.

More information

Staatsolie Maatschappij Suriname N.V. issues bonds for the third time
Staatsolie Maatschappij Suriname N.V. issues bonds for the third time. The aim is to raise US$ 150 million. The bond is listed on the Dutch Caribbean Securities Exchange in Curaçao and is arranged by De Surinaamsche Bank N.V.
Staatsolie is committed to preserving and protecting nature
By placing his signature, Rudolf Elias confirms that Staatsolie, together with other companies, will be even more committed to the protection and conservation of nature in the coming five years.
Apache Corporation and Total S.A. Announce Significant Oil Discovery Offshore Suriname
Apache Corporation and Total S.A. today announced a significant oil discovery at the Maka Central-1 well drilled offshore Suriname on Block 58.
Staatsolie Nieuws #3.2019
The 2019 third edition of our magazine Staatsolie Nieuws is out.

Our Business

We are involved in exploration, drilling, production, refining, marketing, sales, and transport of crude and refined products, and the generation of electricity. Our core activities are grouped in an Upstream and a Downstream asset, strongly supported by a variety of corporate services. They all play a part in realizing our vision.


Our core upstream activities are exploration, drilling, crude production, and crude treatment and pipeline operations.


Our core downstream activities involves refining of crude oil, sales, bunkering, electricity generation and retail of high-end products. 

Products & Services

Through our subsidiary GOw2, we provide Suriname with our high-end products diesel and gasoline. Also, we provide excellent bunkering services.  

Social Impact

Being responsible for people and the environment is one of our core values. We support the advancement of the Surinamese people by contributing to a wide range of social projects. We strive to minimize negative impacts upon the environment. 

Investment Opportunities

We welcome partners in our quest to explore our offshore hydrocarbon potential. Our Production Sharing Contracts are world-class and fair towards all parties. Join us.

Why Invest in Suriname?

With an estimated resource potential of 13.6 billion barrels (P50), the United States Geological Survey (USGS 2012) ranks the Guiana Basin 2nd in the world for prospectivity among the world's unexplored basins and 12th for oil among all the world's basins - explored and unexplored.