STAATSOLIE MAATSCHAPPIJ SURINAME N . V
WITH ONE OF THE LARGEST UNTAPPED OIL RESERVES IN SOUTH AMERICA , SURINAME ’ S STATE OIL COMPANY , STAATSOLIE MAATSCHAPPIJ SURINAME N . V IS SET TO STRIKE BIG
In a world that ’ s craving more and more energy , oil is often described as ‘ liquid gold ’. But as depletion of the resource becomes an ever-closer reality , energy firms across the globe are scrambling for one thing : to strike the next big oil reserve .
It may seem like a one-in-a-million occurrence , but this bright future is in the close grasp of Staatsolie Maatschappij Suriname N . V .
“ It ’ s not a question of whether we will find oil offshore , it ’ s a question of when ,” says Rudolf Elias , Managing Director and CEO . “ Chances of success are greater than 50 % and I don ’ t have any doubts – we are making ourselves ready for such an oil find .”
Staatsolie has seen roaring success in the past 37 years , producing over 109mn barrels of crude oil from the onshore Paleocene and Eocene reservoirs in Suriname .
Yet , offshore Suriname is virtually unexplored . Now , after finding a promising prospective oil reserve in the Guyana-Suriname Basin , the firm is preparing itself to hit big and , in doing so , it is set to become a major player in the oil industry .
The Guyana-Suriname Basin Located off the north-eastern coast of South America and encompassing the coastal area of French Guiana , Suriname , Guyana and the eastern part of Venezuela , the prospective sedimentary basin is an exciting chapter in the company ’ s 37-year history .
The United States Geological Survey has ranked it second in the world for prospectivity amongst
82 March 2018