6 Staatsolie Nieuws
6 Staatsolie Nieuws
6 Staatsolie Nieuws
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4 <strong>Staatsolie</strong><br />
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<strong>Nieuws</strong> • No. 3 • 2011<br />
long term objectives ‘Vision 2020’. With support of the<br />
Surinamese government <strong>Staatsolie</strong> was able to urge Chevron<br />
to single out the Suriname operations in the negotiations.<br />
Since November 2010, parties have been negotiating the<br />
deal. Chevron Suriname Operation was thoroughly investigated<br />
by a transition team, for which <strong>Staatsolie</strong> secured the<br />
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support of a team of local and international specialists.<br />
The underwriting agreement was signed on 18 May 2011.<br />
It states the conditions for implementation of the agreement.<br />
Between 18 and 31 May all Chevron’s assets,<br />
operations and liabilities were handed over to Suritex NV, a<br />
Surinamese subsidiary of Chevron. <strong>Staatsolie</strong> took over all<br />
Suritex shares.<br />
Prospects<br />
‘It wasn’t an easy decision to sell Chevron Texaco<br />
Suriname’, said Ken Wolahan at the conveyance ceremony.<br />
‘At the same time we we’re impressed that <strong>Staatsolie</strong> was<br />
interested, because it is a renowned business with sound<br />
prospects. We couldn’t think of a better company to buy our<br />
operations.’<br />
Waaldijk and Natural Resources Minister, Jim Hok, were<br />
quite happy with the purchase. Waaldijk explained that the
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