Suriname
0 Employees
-
Third-party revenues
$1,198
-
Related-party revenues
$0
-
Total revenues
$1,198
-
Profit before tax
$(3,546,907)
-
Tax paid
$0
-
Tax accrued
$0
-
Tangible assets
$77,288,815
-
Stated capital
$0
-
Accumulated earnings
$0
Main business activities
- Upstream
Shell’s footprint
Shell has been present in Suriname since December 2020 when it acquired a 33% stake in offshore Block 42 from Kosmos Energy. In December 2021, KE Suriname B.V. farmed into the Block 5 licence with Chevron Suriname Exploration Limited (the operator) and Paradise Oil Company N.V. KE Suriname BV has a 33.3% interest in the Block 5 licence during the exploration phase.
Country financial analysis
The statutory corporate income tax rate in Suriname was 36% for 2021. We are investing in upstream operations and therefore we have reported a loss.
