Suriname’s national oil company (NOC) Staatsolie Maatschappij Suriname (Staatsolie), Malaysia’s energy titan Petronas, U.S.-based oil major Chevron, and Qatar’s state-owned oil & gas giant QatarEnergy have signed up for two blocks off the coast of Suriname that were secured as part of a consortium during the Suriname Post Shallow Offshore 2 Bid Round 2024-2025 held in June 2025.

Petronas Suriname Qatar Block PSCs Staatsolie Maatschappij Suriname Bid Round Paradise Oil Company Guyana Basin Saad Sherida Al Minister of State Energy Affairs Faisal Bakar Vice President of Exploration Republic of Suriname Offshore Energy