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Staatsolie Maatschappij Suriname
Staatsolie, officially Staatsolie Maatschappij Suriname (), is a Surinamese oil and gold company which was established to execute the oil policy which includes exploration, drilling and processing oil. In 2014 Staatsolie expanded its business to gold. Staatsolie is wholly state-owned. History In 1965 oil was discovered in Calcutta, Saramacca. On 13 December 1980, Staatsolie was established to manage Suriname's own oil industry instead of selling the oil fields to multi-nationals cooperations. On 25 November 1982, first drilling started in Tambaredjo. In 1988 the first crude oil was exported to Trinidad and Tobago. In February 1995 Staatsolie built a refinery. In 2014 it was announced that Staatsolie would participate for 25% in a recently discovered gold field in the Merian area. In 2019 the production was 524,000 ounces The ounce () is any of several different units of mass, weight or volume and is derived almost unchanged from the , an Ancient Roman unit of measurement. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Enterprise
A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (economics), profit for the Government, government, control monopoly of the Private sector, private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of Profit (economics), financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paramaribo
Paramaribo (; ; nicknamed Par'bo) is the capital and largest city of Suriname, located on the banks of the Suriname River in the Paramaribo District. Paramaribo has a population of roughly 241,000 people (2012 census), almost half of Suriname's population. The historic inner city of Paramaribo has been a UNESCO World Heritage Site since 2002. Name The city is named for the Paramaribo tribe living at the mouth of the Suriname River; the name is from Tupi–Guarani ''para'' "large river" + ''maribo'' "inhabitants". History The name Paramaribo is probably a corruption of the name of an Indian village, spelled Parmurbo in the earliest Dutch sources. This was the location of the first Dutch settlement, a trading post established by Nicolaes Baliestel and Dirck Claeszoon van Sanen in 1613. English and French traders also tried to establish settlements in Suriname, including a French post established in 1644 near present-day Paramaribo. All earlier settlements were abandoned s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Suriname
Suriname (; srn, Sranankondre or ), officially the Republic of Suriname ( nl, Republiek Suriname , srn, Ripolik fu Sranan), is a country on the northeastern Atlantic coast of South America. It is bordered by the Atlantic Ocean to the north, French Guiana to the east, Guyana to the west, and Brazil to the south. At just under , it is the smallest sovereign state in South America. It has a population of approximately , dominated by descendants from the slaves and labourers brought in from Africa and Asia by the Dutch Empire and Republic. Most of the people live by the country's (north) coast, in and around its capital and largest city, Paramaribo. It is also List of countries and dependencies by population density, one of the least densely populated countries on Earth. Situated slightly north of the equator, Suriname is a tropical country dominated by rainforests. Its extensive tree cover is vital to the country's efforts to Climate change in Suriname, mitigate climate ch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil Industry
The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transportation (often by oil tankers and pipelines), and marketing of petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum is also the raw material for many chemical products, including pharmaceuticals, solvents, fertilizers, pesticides, synthetic fragrances, and plastics. The industry is usually divided into three major components: upstream, midstream, and downstream. Upstream regards exploration and extraction of crude oil, midstream encompasses transportation and storage of crude, and downstream concerns refining crude oil into various end products. Petroleum is vital to many industries, and is necessary for the maintenance of industrial civilization in its current configuration, making it a critical concern for many nations. Oil accounts for a large percentage of the world†... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gold Mining
Gold mining is the extraction of gold resources by mining. Historically, mining gold from alluvial deposits used manual separation processes, such as gold panning. However, with the expansion of gold mining to ores that are not on the surface, has led to more complex extraction processes such as pit mining and gold cyanidation. In the 20th and 21st centuries, most volume of mining was done by large corporations, however the value of gold has led to millions of small, artisanal miners in many parts of the Global South. Like all mining, human rights and environmental issues are common issues in the gold mining industry. In smaller mines with less regulation, health and safety risks are much higher. History The exact date that humans first began to mine gold is unknown, but some of the oldest known gold artifacts were found in the Varna Necropolis in Bulgaria. The graves of the necropolis were built between 4700 and 4200 BC, indicating that gold mining could be at least 700 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Calcutta, Suriname
Calcutta is a resort in Suriname, located in the Saramacca District. Its population at the 2012 census was 1,647, and is mainly inhabited by East Indians. The town is named after Calcutta, India. From 1873 onwards, indentured workers were recruited from India to work the plantations. Most of the workers departed from Calcutta. About one third returned to India, but most decided to stay in Suriname. Calcutta is the place where oil was discovered in 1965 which marked the beginning of Staatsolie, the national oil and gold company. Calcutta is a major centre of rice cultivation. The resorts also contains the village of Boskamp and the indigenous village of Kalebaskreek. The former leprosy colony of Batavia Batavia may refer to: Historical places * Batavia (region), a land inhabited by the Batavian people during the Roman Empire, today part of the Netherlands * Batavia, Dutch East Indies, present-day Jakarta, the former capital of the Dutch East In ... is located in the resort. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saramacca District
Saramacca is a district of Suriname, in the north. Saramacca's capital city is Groningen, with other towns and cities including Batavia, Kampong Baroe, Uitkijk, Maho and Boskamp. Saramacca has a population of 17,480 and an area of 3,636 km2. Saramaka is also the name of a group of Maroons who established communities along the Saramacca River having fled slavery. History The district was founded in 1983, but the history dates back to 1790 when the first plantation was opened. Until 1936, Saramacca could only be access by boat, but with the construction of a road to Paramaribo, which is now part of the East-West Link, Saramacca was removed for its isolation. In 1982, oil was discovered in Sarammacca which boosted its economy. On 13 December 2014, Staatsolie opened an oil refinery. Agriculture The district has traditionally been the site of dozens of small, family owned farming communities, and it has only been recently that large agricultural projects have begun to emerge, p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crude Oil
Petroleum, also known as crude oil, or simply oil, is a naturally occurring yellowish-black liquid mixture of mainly hydrocarbons, and is found in geological formations. The name ''petroleum'' covers both naturally occurring unprocessed crude oil and petroleum products that consist of refined crude oil. A fossil fuel, petroleum is formed when large quantities of dead organisms, mostly zooplankton and algae, are buried underneath sedimentary rock and subjected to both prolonged heat and pressure. Petroleum is primarily recovered by oil drilling. Drilling is carried out after studies of structural geology, sedimentary basin analysis, and reservoir characterisation. Recent developments in technologies have also led to exploitation of other Unconventional (oil & gas) reservoir, unconventional reserves such as oil sands and oil shale. Once extracted, oil is refined and separated, most easily by Continuous distillation#Continuous distillation of crude oil, distillation, into innume ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trinidad And Tobago
Trinidad and Tobago (, ), officially the Republic of Trinidad and Tobago, is the southernmost island country in the Caribbean. Consisting of the main islands Trinidad and Tobago, and numerous much smaller islands, it is situated south of Grenada and off the coast of northeastern Venezuela. It shares maritime boundaries with Barbados to the northeast, Grenada to the northwest and Venezuela to the south and west. Trinidad and Tobago is generally considered to be part of the West Indies. The island country's capital is Port of Spain, while its largest and most populous city is San Fernando. The island of Trinidad was inhabited for centuries by Indigenous peoples before becoming a colony in the Spanish Empire, following the arrival of Christopher Columbus, in 1498. Spanish governor JosĂ© MarĂa ChacĂłn surrendered the island to a British fleet under the command of Sir Ralph Abercromby in 1797. Trinidad and Tobago were ceded to Britain in 1802 under the Treaty of Amiens as se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billion (a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Troy Ounce
Troy weight is a system of units of mass that originated in 15th-century England, and is primarily used in the precious metals industry. The troy weight units are the grain, the pennyweight (24 grains), the troy ounce (20 pennyweights), and the troy pound (12 troy ounces). The troy grain is equal to the grain unit of the avoirdupois system, but the troy ounce is heavier than the avoirdupois ounce, and the troy pound is lighter than the avoirdupois pound. One troy ounce (oz t) equals exactly 31.1034768 grams. Etymology Troy weight probably takes its name from the French market town of Troyes where English merchants traded at least as early as the early 9th century. The name ''troy'' is first attested in 1390, describing the weight of a platter, in an account of the travels in Europe of the Earl of Derby. Charles Moore Watson (1844–1916) proposes an alternative etymology: ''The Assize of Weights and Measures'' (also known as ), one of the statutes of uncertain date from the re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rosebel Gold Mine
The Rosebel gold mine is jointly owned by Iamgold (95%) and the government of Suriname (5%). The mine is located in the mineral-rich Brokopondo District in northeastern Suriname, South America. The Rosebel property lies approximately 85 kilometers south of the capital city of Paramaribo. The mining concession covers 170 square kilometers. History Gold was first discovered in the Rosebel area in 1879 when small-scale miners were reported to have been working on the concession. Since its discovery, the land has been both publicly and privately owned and operated. Notable private owners have included Placer Development of Vancouver from 1974 to 1977, the Grasshopper Aluminum Company from 1979 to 1985 and Golden Star Resources Ltd. from 1992. In October 2001, Cambior acquired Golden Star's interest in the Rosebel property. Commercial production commenced in February 2004. Iamgold acquired Rosebel as part of its acquisition of Cambior in late 2006. In 2008 total employment at th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
