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By: Oil & Gas Republic

SEOGS 2021 - Staatsolie, the National Oil Company of Suriname, has said that it will provide an update on the country's next exploration bid rounds at the upcoming Suriname Energy, Oil and Gas Summit (SEOGS) 2021.

The Vice President Offshore Upstream of Staatsolie, Dr Brian Glover, disclosed this to our correspondent, Ndubuisi Micheal Obineme of Oil and Gas Republic, in an exclusive interview at the side-line of the Suriname Energy, Oil and Gas Summit scheduled to hold virtually from 1 - 3 June 2021.

Glover confirmed that there were in total 8 blocks in the Shallow Offshore (SHO) acreage of Suriname offered for the bidding round for 2020 - 2021.

According to him, the blocks are in a very prospective area, west and south of the recent Deepwater discoveries in Block 58 and northwest of the onshore producing fields.  

"The bidding round was launched on 16 November 2020 and has been closed on 30 April 2021 under the timeline provided to the bidders.

"From the 8 blocks which were on offer, Staatsolie has received a total of ten bids for three of the eight blocks.

"Currently Staatsolie is busy with the evaluation of the bids and will announce the winning bidders in the second quarter of 2021. 

"We will certainly be giving an update on the results of the bid round, and we will also be able to give an update on our next Exploration Bid Round which we expect to commence in 2023.

"With so much activity ongoing in Offshore Suriname, there will be a lot to talk about!"

The Suriname Energy, Oil and Gas Summit 2021, is hosted by the National Oil Company, Staatsolie under the patronage of the Ministry of Foreign Affairs, International Business and International Cooperation, Government of the Republic of Suriname and the Ministry of Natural Resources, Government of the Republic of Suriname.

SEOGS 2021 will bring together an international assembly of government officials, public sector stakeholders and policymakers with IOC’s, NOC‘s, independents, service companies, technology providers and the entire oil, gas and energy value chain.