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Opportunities for Local Suppliers in the Oil and Gas Industry

The oil and gas industry in Suriname offers local businesses the chance not only to contribute to a growing industry but also to benefit from its growth. This diagram below  provides an overview of the opportunities for local companies to participate in the oil and gas sector, spanning both specialized and general support services.

Communications Warehousing IT Services Medical Personnel Transport Medical Services Waste Management Facilities Management Freight Forwarding Training Office Supplies Unskilled & Semi-Skilled Labor Food & Beverages Supply HR Recruitment & Selection Telecom Catering Custom Clearance Camps Fuel Supplies Legal Support Cleaning Services Emergency Services Crane Hire Plant Hire Security Hotel & Accomodation ESIA Infield Transport Inspection and QC Specialist Trades HSSE Mud/Cuttings International Freight Services Commissioning Marine Logistics Electrical & Instrumentation Scaffolding and Painting Mechanical Spare Parts Maintenance & Assembly Civil Engineering Design & Construction UFR FPSO SPS EPC Seismic Services Rig Services Tangibles Installation Offshore FEED Well Services Surveys

Services

Click on the icons to see more info about the services.

Overview of Services within the Oil and Gas industry

 

  1. Highly Specialized Services (at the core of the diagram):
    These are the most technical functions within the oil and gas industry, specifically focused on exploration, production, and logistical support, such as:
  • FPSO (Floating Production Storage and Offloading)
  • UFR (Umbilicals, Flowlines, Risers)
  • Well services (drilling services)
  • Field construction and rig services

 

  1. Specialized Services:
    This includes sectors such as civil engineering, environmental studies, and offshore installations, providing opportunities for companies with specific knowledge and skills within the oil and gas sector.

  2. Non-Specialized Services (in the outer ring of the diagram):
    These are services where a broad range of local companies can contribute without in-depth sector experience, including:
  • Security, catering, and cleaning
  • HR management, transport, and IT services
  • Facility support

These are considered significant opportunities for the development of local content and increased involvement of Surinamese companies.

Staatsolie supports the growth of local businesses through collaboration and capacity-building, aiming to increase local content over the years.

Non-Specialized Services

CommunicationsCommunications
WarehousingWarehousing
IT ServicesIT Services
MedicalMedical
Personnel TransportPersonnel Transport
Medical ServicesMedical Services
Waste ManagementWaste Management
Facilities ManagementFacilities Management
Freight ForwardingFreight Forwarding
TrainingTraining
Office SuppliesOffice Supplies
Unskilled & Semi-Skilled LaborUnskilled & Semi-Skilled Labor
Food & Beverages SupplyFood & Beverages Supply
HR Recruitment & SelectionHR Recruitment & Selection
TelecomTelecom
CateringCatering
Custom ClearanceCustom Clearance
CampsCamps
Fuel SuppliesFuel Supplies
Legal SupportLegal Support
Cleaning ServicesCleaning Services
Emergency ServicesEmergency Services
Crane HireCrane Hire
Plant HirePlant Hire
SecuritySecurity
Hotel & AccomodationHotel & Accomodation

Specialized Services

ESIAESIA
Infield TransportInfield Transport
Inspection and QCInspection and QC
Specialist TradesSpecialist Trades
HSSEHSSE
Mud/CuttingsMud/Cuttings
International Freight ServicesInternational Freight Services
CommissioningCommissioning
Marine LogisticsMarine Logistics
Electrical & InstrumentationElectrical & Instrumentation
Scaffolding and PaintingScaffolding and Painting
MechanicalMechanical
Spare PartsSpare Parts
Maintenance & AssemblyMaintenance & Assembly
Civil Engineering Design & ConstructionCivil Engineering Design & Construction

Highly Specialized Services

UFRUFR
FPSOFPSO
SPSSPS
EPCEPC
Seismic ServicesSeismic Services
Rig ServicesRig Services
TangiblesTangibles
Installation OffshoreInstallation Offshore
FEEDFEED
Well ServicesWell Services
SurveysSurveys

 

Development and Operational Phases

  1. Development Phase (CAPEX):
    • Specialized services are crucial during project construction and startup, involving large capital investments.
  2. Operational Phase (OPEX):
    • Both specialized and non-specialized services are essential for the project’s daily operations and maintenance, involving operational expenses.

 

Maximizing Local Content

The goal is to use as many local companies and resources as possible to increase the economic value for the country.

Opportunities for Local Companies:

  • As the project continues, more opportunities will emerge for local companies, especially in supply chains.
  • Local businesses must enhance their skills and capabilities to meet international standards.