The state-owned oil company of Suriname, Staatsolie on Monday announced that the company has raised US$515.8 million through a new bond that allowed citizens there to invest in the country’s first offshore oil project, GranMorgu. Staatsolie in thanking participants highlighted that the amount raised was US$ 211.7 million more than the US$ 304.1 million that was targeted. “This proves that there is confidence in Staatsolie, the GranMorgu project in Block 58 and a brighter future for Suriname,” the company said.
