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Halliburton to Open Suriname Base for Deepwater Oil Project
Oilfield service provider plans facility to support block 58, the country's first deepwater crude producer.
Mar. 20, 2026 at 3:56pm
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Halliburton, the oilfield service provider, is planning to establish an operational base in Suriname's Wanica district to support its work on block 58, which is set to become the country's first deepwater crude oil producer starting in 2028. The facility will provide maintenance, preparation, testing, calibration, and certification of equipment used for data collection and monitoring during the drilling process.
Why it matters
This move by Halliburton represents a significant investment in Suriname's emerging offshore oil and gas industry, which is expected to drive economic growth and development in the country. The establishment of a dedicated support base will help ensure the smooth and efficient operation of the block 58 project, which is a flagship deepwater project for Suriname.
The details
Halliburton plans to set up the operational base at an industrial site in Wanica district owned by Kuldipsingh Equipment. The facility will support various activities related to the block 58 project, including the maintenance, preparation, testing, calibration, and certification of equipment used for data collection and monitoring of drilling fluid composition and well integrity. Pending environmental review and permitting, Halliburton aims to have the base ready by May 2026.
- Halliburton plans to establish the operational base in Suriname's Wanica district by May 2026.
- First oil from block 58 is expected to start in 2028.
The players
Halliburton
An American oilfield service provider and one of the world's largest oil field service companies, headquartered in Houston, Texas.
TotalEnergies
A French multinational oil and gas company that holds a 50% operating stake in block 58 offshore Suriname.
APA
An American independent oil and gas exploration and production company that holds the remaining 50% stake in block 58 offshore Suriname.
Kuldipsingh Equipment
A company that owns the industrial site in Suriname's Wanica district where Halliburton plans to establish its operational base.
NMA
Suriname's national environment authority, which will review and permit Halliburton's plans for the operational base.
What’s next
Pending environmental review and permitting from Suriname's NMA, Halliburton aims to have the operational base ready by May 2026 to support the block 58 deepwater oil project, which is expected to start production in 2028.
The takeaway
Halliburton's investment in a dedicated operational base in Suriname demonstrates the company's commitment to supporting the country's emerging offshore oil and gas industry. This move is expected to contribute to the economic development of Suriname and help ensure the successful execution of the block 58 deepwater project, which is a significant milestone for the nation's energy sector.
