What are the economic opportunities?

By Q4 2024, Total Energies is expected to make a Final Investment Decision (FID) of 9 billion USD to initiate the first oil exploitation in Block 58.

A portion of this investment will be made locally to establish the chain-of-supply and set up all necessities from A (such as Accommodation) to Z (Business Services).

In the shadow of Total Energies, hundreds of other companies specialized in oil and gas will settle in Suriname to get a piece of the pie.

To develop this industry, all these companies will spend a lot of money on “Local Content“. Also, a focused policy will be implemented to diversify the Surinamese economy (for the day when the oil runs out).