Identifier
Created
Classification
Origin
06PARAMARIBO94
2006-02-15 21:08:00
UNCLASSIFIED
Embassy Paramaribo
Cable title:
NEW BIDDING ROUND OPENED FOR OIL EXPLORATION OFF
how-toVZCZCXRO8770 PP RUEHDE RUEHGR DE RUEHPO #0094 0462108 ZNR UUUUU ZZH P 152108Z FEB 06 FM AMEMBASSY PARAMARIBO TO RUEHC/SECSTATE WASHDC PRIORITY 8069 INFO RUCNCOM/EC CARICOM COLLECTIVE RUEHAO/AMCONSUL CURACAO 0960 RUCPDOC/DEPT OF COMMERCE WASHDC RHEBAAA/DOE WASHDC RUEHHH/OPEC COLLECTIVE
UNCLAS PARAMARIBO 000094
SIPDIS
SIPDIS
STATE FOR WHA/CAR: LLUFTIG, EB/ESC/IEC/EPC, DOE FOR
PUMPHREY, WARD, AND ALOCKWOOD, USGS FOR JEAN NOE WEAVER,
CHRISTOPHER SCHENK, AND PHIL HAYS
E.O. 12958: N/A
TAGS: EPET ENRG ETRD ECON EINV KTDB PREL PBTS NS
SUBJECT: NEW BIDDING ROUND OPENED FOR OIL EXPLORATION OFF
SURINAME'S COAST
REF: 05 PARAMARIBO 704
UNCLAS PARAMARIBO 000094
SIPDIS
SIPDIS
STATE FOR WHA/CAR: LLUFTIG, EB/ESC/IEC/EPC, DOE FOR
PUMPHREY, WARD, AND ALOCKWOOD, USGS FOR JEAN NOE WEAVER,
CHRISTOPHER SCHENK, AND PHIL HAYS
E.O. 12958: N/A
TAGS: EPET ENRG ETRD ECON EINV KTDB PREL PBTS NS
SUBJECT: NEW BIDDING ROUND OPENED FOR OIL EXPLORATION OFF
SURINAME'S COAST
REF: 05 PARAMARIBO 704
1. Suriname's Minister of Natural Resources, Gregory
Rusland, announced to the press last week that Suriname's
state-owned oil company, Staatsolie has opened a new round
of bidding to international oil companies interested in off
shore oil exploration. This follows an earlier successful
signing in October 2005 of an agreement with Occidental
Petroleum Corp. (OXY) of Los Angeles (see reftel). This
will be the fourth round of bidding since the estimate in
2000 by the United States Geological Survey (USGS) that the
Guyana Basin off the coast of Suriname may contains oil and
gas reserves of approximately 15 billion barrels. Earlier
deals have been concluded with Spanish firm Repsol YPF and
Danish firm Maersk. Fields currently under active
exploration have advanced to the next phase of the process,
which involves the acquisition and processing of 3D seismic
data for a more reliable interpretation of the oil strata
and to further define the exploration potential of the
area.
2. In this current round, blocks known as 15, 36 and 37
are up for tender and their dimensions are 2,552 square
kilometers (sq. km.); 3,407 sq. km.; and 8,758 sq. km,
respectively. A data package containing acquired and
processed 2D seismic data from 2005 is available from
Staatsolie for purchase at a cost of 25,000 USD. Potential
bidders are under no obligation to purchase the package.
Any agreement will be subject to a production-sharing
contract with Staatsolie. The deadline to bid on any of
the blocks is July 2, 2006. All interested companies must
submit, along with their bid, a company profile, technical
and financial reports for the past two years, and latest
audit report, which should be no more than two years old.
3. Interested bidders can contact Staatsolie for details
at:
Staatsolie Maatschappij Suriname N.V.
Attention: Marny Daal Vogelland, Manager E&P Contracts
Adhinstraat 21
Paramaribo Suriname
Phone: (597) 439781
Fax: (597) 530093
Email: madaal@staatsolie.com or bidding@staatsolie.com
Website: www.staatsolie.com
BARNES
SIPDIS
SIPDIS
STATE FOR WHA/CAR: LLUFTIG, EB/ESC/IEC/EPC, DOE FOR
PUMPHREY, WARD, AND ALOCKWOOD, USGS FOR JEAN NOE WEAVER,
CHRISTOPHER SCHENK, AND PHIL HAYS
E.O. 12958: N/A
TAGS: EPET ENRG ETRD ECON EINV KTDB PREL PBTS NS
SUBJECT: NEW BIDDING ROUND OPENED FOR OIL EXPLORATION OFF
SURINAME'S COAST
REF: 05 PARAMARIBO 704
1. Suriname's Minister of Natural Resources, Gregory
Rusland, announced to the press last week that Suriname's
state-owned oil company, Staatsolie has opened a new round
of bidding to international oil companies interested in off
shore oil exploration. This follows an earlier successful
signing in October 2005 of an agreement with Occidental
Petroleum Corp. (OXY) of Los Angeles (see reftel). This
will be the fourth round of bidding since the estimate in
2000 by the United States Geological Survey (USGS) that the
Guyana Basin off the coast of Suriname may contains oil and
gas reserves of approximately 15 billion barrels. Earlier
deals have been concluded with Spanish firm Repsol YPF and
Danish firm Maersk. Fields currently under active
exploration have advanced to the next phase of the process,
which involves the acquisition and processing of 3D seismic
data for a more reliable interpretation of the oil strata
and to further define the exploration potential of the
area.
2. In this current round, blocks known as 15, 36 and 37
are up for tender and their dimensions are 2,552 square
kilometers (sq. km.); 3,407 sq. km.; and 8,758 sq. km,
respectively. A data package containing acquired and
processed 2D seismic data from 2005 is available from
Staatsolie for purchase at a cost of 25,000 USD. Potential
bidders are under no obligation to purchase the package.
Any agreement will be subject to a production-sharing
contract with Staatsolie. The deadline to bid on any of
the blocks is July 2, 2006. All interested companies must
submit, along with their bid, a company profile, technical
and financial reports for the past two years, and latest
audit report, which should be no more than two years old.
3. Interested bidders can contact Staatsolie for details
at:
Staatsolie Maatschappij Suriname N.V.
Attention: Marny Daal Vogelland, Manager E&P Contracts
Adhinstraat 21
Paramaribo Suriname
Phone: (597) 439781
Fax: (597) 530093
Email: madaal@staatsolie.com or bidding@staatsolie.com
Website: www.staatsolie.com
BARNES