Suriname's state oil company Staatsolie is engaged in the exploration, production, refining and trading of crude oil and derivatives, including diesel oil, fuel oils and bitumen. It also operates in the electricity generation market, and provides bunkering and transportation services by tanker trucks and barges to local ports. The firm is active in the Caribbean nations of Trinidad & Tobago, Guyana, and Barbados. The company has a crude processing capacity of 7,350b/d, and a crude production of 16,000 barrels of oil per day. Staatsolie was founded in and is based in Paramaribo, Surinam.
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