Suriname has officially unveiled its Open-Door Offering, a groundbreaking initiative designed to provide international oil and gas companies with flexible access to a significant portion of its offshore territory. Launched by Staatsolie on Monday, this strategic move aims to bolster Suriname’s standing in the Guiana Basin and attract investors to explore both shallow and deep-water blocks. Approximately 60% of the nation’s offshore area is now available for exploration, offering companies the opportunity to select their preferred blocks and submit tailored work programs. The initiative features attractive fiscal terms, low surface risks, and a stable, investment-friendly environment to enhance global interest. Companies can opt for Production Sharing Contracts or Joint Study Agreements for collaborative analysis. Selected areas will be publicly listed on the Open-Door Offering webpage, allowing competitors to submit rival proposals within a 90-day window. Concurrently, Staatsolie introduced the GeoPortal, an interactive platform providing comprehensive geological and geophysical data, available for lease at favorable rates. Additionally, the company released the GeoAtlas of Suriname, a detailed resource based on decades of data collection and analysis, offering a complete overview of the Guiana Basin’s geology and potential. The GeoAtlas is freely downloadable from Staatsolie’s website, further supporting exploration efforts.