Phoenix Development Company

What Phoenix Development Company does

Phoenix Development Company is a Houston-based private project development, investment, and advisory firm (11-50 employees) developing the Port of Nickerie, a deep-water port and Special Economic Zone in western Suriname, under a Development Agreement with N.V. Havenbeheer Suriname signed in November 2021. The project's flagship asset is designed to serve the offshore oil and gas industry in the Suriname-Guyana Basin, providing shorebase logistics, LNG liquefaction and export facilities, a gas-fired power plant, and industrial zones spanning 1,500 hectares on a 30-year masterplan horizon developed with Port of Rotterdam as technical advisor.

The development incorporates a "green-gray infrastructure" design philosophy integrating natural systems with port infrastructure, with energy infrastructure expertise contributed by Siemens Energy and Firebird Energy LLC as core collaborators. Initial projects are valued at over $2 billion, with the full Firebird LNG and mega-port development budgeted at US$5.4 billion. Revenue is derived from development fees, equity returns from port and Special Economic Zone operations, and infrastructure usage fees, though the company remains in pre-revenue/pre-construction phase with the first port completion targeted for 2025.

The firm's go-to-market is enterprise field sales driven by executive relationships, government Development Agreements, and industry-event participation (SEOGS in Paramaribo, Offshore Energy Exhibition in Amsterdam). Leadership includes veterans of landmark LNG projects (Snøhvit, QatarGas QG2/QG3/QG4, Kitimat LNG), and the company is anchored by strategic relationships with offshore operators TotalEnergies, APA Corporation, Petronas, and PetroChina — positioned as future anchor tenants for shorebase, logistics, and LNG services.

Name

Phoenix Development Company

Legal name

Phoenix Development Company

Website

https://phoenix-develop.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Phoenix Development Company is a Houston-based private project developer co-developing the Port of Nickerie, a $5.4B deep-water port, LNG, and Special Economic Zone in Suriname serving offshore oil and gas operators in the Suriname-Guyana Basin under a Development Agreement with Havenbeheer Suriname.

Ownership category

akta.pro rank

Product category

Port and Energy Infrastructure Development

NAICS

Port and Harbor Operations (488310), Support Activities for Water Transportation (4883)

SIC

Oil & Gas Field Services, Nec (1389), Services-Facilities Support Management Services (8744)

akta.pro primary industry

Infrastructure & Project Finance Advisory (BPAHADAO)

akta.pro secondary industry

Real Estate Public-Private Partnership (PPP) & Infrastructure-Adjacent Real Estate Advisory (BPAJANAL)

Keywords

• Port infrastructure development
• LNG project development
• Special economic zones
• Deep-water port construction
• Energy infrastructure investment

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Infrastructure Development and Project Equity: Phoenix Development Company functions as a development partner and equity investor in large-scale port and energy infrastructure. Revenue is derived from development fees, equity returns from port and Special Economic Zone operations, and infrastructure usage fees from companies utilizing Port of Nickerie facilities. The company shares development risk and reward with government counterpart Havenbeheer Suriname.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Phoenix Development Company develops, invests in, and provides advisory services for large-scale port and energy infrastructure projects. Its flagship asset is the Port of Nickerie in Suriname, a deep-water port paired with a 1,500-hectare Special Economic Zone and integrated LNG liquefaction, export, and gas-fired power facilities. The company acts as a development partner and equity investor, structuring projects with government counterparts and international energy companies to serve the Suriname-Guyana offshore oil and gas basin.

Product overview

Phoenix Development Company is developing the Port of Nickerie project in Suriname, which consists of a deep-water port, LNG infrastructure facilities, and a Special Economic Zone spanning 1,500 hectares. The project is designed to serve the offshore oil and gas industry in the Suriname-Guyana Basin, providing logistics, LNG processing, and industrial services. Additionally, the company operates an ESG-focused Mangrove & Biodiversity Program for coastal protection and environmental restoration. The portfolio represents an integrated port-industrial development ecosystem rather than a unified software platform.

Differentiator

Problem solved

Functional benefit

Brands

• Firebird LNG: Liquid natural gas and mega port project being developed in Nieuw Nickerie on Suriname's northern coast. The project scope includes a gas processing plant, LNG export terminal, offshore support infrastructure, gas-fired power plant, and Special Economic Zone. Site is 1,500 hectares with estimated cost of US$5.4 billion.

Products and services

• Port of Nickerie & Special Economic Zone A deep-water port and 1,500-hectare Special Economic Zone development project located in Nickerie, Suriname, designed to serve the offshore oil and gas industry in the Suriname-Guyana Basin. The project includes port infrastructure, LNG facilities, industrial zone development, and is targeted to support TotalEnergies, APA Corporation, Petronas, and PetroChina operations offshore Suriname.
• Firebird LNG Infrastructure LNG liquefaction, storage, and export facilities integrated with the Port of Nickerie development, including a gas processing plant, LNG export terminal, offshore support infrastructure, and gas-fired power plant on a 1,500-hectare site with an estimated cost of US$5.4 billion. Designed to monetize gas resources from offshore Suriname-Guyana Basin operations.
• Special Economic Zone A 1,500-hectare industrial zone within the Port of Nickerie development designed to attract international companies, foster innovation and entrepreneurship, and create jobs across trade, agriculture, manufacturing, tourism, and energy sectors. Anchor tenants include Van Oord, Combi Lift/Harren Group, Van Aalst Group, and Safeway BV.
• Mangrove & Biodiversity Program Environmental initiative focused on coastal protection through mangrove preservation and shoreline integrity, including carbon sequestration programs and biodiversity enhancement led by environmental experts, supporting the project's ESG commitment to environmental protection and nature-based solutions within the Port of Nickerie footprint.

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Eleven partnerships are on record, tiered major, key, supporting, core and minor.

• Van Oord Dredging and Marine Contractors B.V.majorStrategic or Co-development Partner · 21 June 2023Van Oord signed an MOU with Havenbeheer Suriname and Phoenix Development Company during SEOGS 2023 for the development of the Port of Nickerie. Over the next two years, Van Oord will dredge the seabed to provide sufficient depth for navigation, allowing the first LNG ships to depart from Suriname in 2025. Van Oord also collaborated on nature compensation options, green energy integration, and sustainable transport systems as part of the green port vision.
• Combi Lift / Harren GroupmajorStrategic or Co-development Partner · 21 June 2023Combi Lift (part of the Harren Group, a maritime and logistics services shipowner group operating for over 30 years) signed an MOU with Havenbeheer Suriname and Phoenix Development Company. Combi Lift provides sustainable integrated project logistics solutions and CO2-neutralized transport. The company has committed to decarbonizing its business models and investing in ZERO emission technology. Combi Lift and Harren Group intend to establish a base at Port of Nickerie to facilitate regional activities.
• Van Aalst Group BVkeyStrategic or Co-development Partner · 21 June 2023Van Aalst Group BV signed an MOU during SEOGS 2023 with Havenbeheer Suriname and Phoenix Development Company for the development of the Port of Nickerie. Van Aalst Group is involved in port construction, green strategies, and nature-based solutions contributing to the sustainable growth of the port. The company also operates Safeway BV gangway solutions.
• Safeway BVkeyStrategic or Co-development Partner · 21 June 2023Safeway BV signed an MOU with Havenbeheer Suriname and Phoenix Development Company during SEOGS 2023. Safeway provides 'walk to work' solutions for offshore operations. The company is part of the Van Aalst Group and contributes innovative access solutions to the Port of Nickerie development, supporting offshore logistics operations.
• MAD EnergysupportingImplementation/ SI/ Consulting Partner · 17 April 2023Phoenix Development Company and MAD Energy jointly initiated a mangrove preservation/enhancement and shoreline integrity initiative through Coastal Protection and Biodiversity Programs. This initiative is led by Dr. Robert R. Lane and Steve Rowan, with participation from local and international university experts and stakeholders. The program supports the project's ESG commitment to environmental protection and nature-based solutions.
• Firebird Energy LLCcoreStrategic or Co-development Partner · 23 November 2022Firebird Energy LLC is a key project collaborator alongside Phoenix Development Company, Havenbeheer Suriname, Port of Rotterdam, and Siemens Energy in the Port of Nickerie initiative. Firebird LNG is specifically focused on the LNG component of the project, including a gas processing plant, LNG export terminal, offshore support infrastructure, gas-fired power plant, and Special Economic Zone on a 1,500-hectare site costing US$5.4 billion. Firebird submitted the environmental scoping report in May 2023.
• Siemens EnergymajorStrategic or Co-development Partner · 23 November 2022Siemens Energy is a collaborator in the Port of Nickerie project alongside Phoenix Development Company, Havenbeheer Suriname, Port of Rotterdam, and Firebird Energy LLC. The project was officially launched in November 2022 by the President of Suriname. Siemens Energy contributes expertise in energy infrastructure, particularly for the gas-fired power plant component of the development.
• N.V. Havenbeheer SurinamecoreStrategic or Co-development Partner · 26 November 2021Phoenix Development Holding Company LLC entered into a Development Agreement with N.V. Havenbeheer Suriname (Suriname's National Port Management Company) for the development of a world-class Deep-Water Port and Special Economic Zone in Nickerie, western Suriname. Havenbeheer Suriname is responsible for the safe, efficient, and effective functioning of Suriname's National Port and Transport System. This is the primary government partnership underpinning the entire Port of Nickerie project.
• Port of RotterdamcoreStrategic or Co-development PartnerPort of Rotterdam serves as technical advisor to Phoenix Development Company and Havenbeheer Suriname, developing the masterplan for the Port of Nickerie & Special Economic Zone. The masterplan includes Commercial Forecast, Area Assessment, Technical Report, Design Concept, Business Case, Governance Structure, and Business Model. Port of Rotterdam is among the top 10 ports in the world and the largest port of Europe, providing world-class advisory expertise to the project.
• EAME (Environmental Advisory and Management Services)keyImplementation/ SI/ Consulting PartnerEAME was selected as the lead ESIA (Environmental and Social Impact Assessment) consultant for the Port of Nickerie project. The firm has been engaged from the project's beginning and has independently spearheaded the development of ESG programs, with Managing Director Steve Rowan leveraging nearly a decade of R&D experience in the region and over three decades of environmental impact management expertise. EAME submitted the scoping report to NIMOS in May 2023.
• EuroParcsminorStrategic or Co-development PartnerEuroParcs is mentioned as a potential partner company developing vacation parks and housing communities within the Port of Nickerie buffer zones and green communities concept. The company's involvement would contribute to the living, working, and leisure aspects of the port development, catering to residents, vacationers, and expats.

Scale indicators5 records

Recent moves9 records

Expansion highlights6 records

Broad incumbents

• Worley: Global energy, chemicals, and resources project services firm delivering advisory, engineering, and project delivery for LNG, offshore, and port infrastructure — comparable as a broader incumbent in energy infrastructure development serving the same offshore oil & gas customer base.
• Mott MacDonald: Global engineering, management, and development consultancy with strong ports, energy, and PPP advisory practices — comparable as a broad incumbent advising governments and developers on infrastructure project structuring and delivery.
• KBR: Global engineering, procurement, and government services firm delivering energy, LNG, and large-scale infrastructure projects — comparable as a broad incumbent with overlapping energy infrastructure development and government services capabilities.
• Black & Veatch: Global infrastructure engineering, procurement, and construction firm with strong LNG, power, and water infrastructure practices — comparable as a broad incumbent in critical energy and industrial infrastructure development.
• Bechtel: One of the largest global EPC contractors delivering mega-infrastructure projects including LNG terminals, ports, and energy facilities — a broad incumbent whose project development, financing, and execution scope overlaps with Phoenix's Port of Nickerie role, though at vastly greater scale.
• WSP: Global engineering professional services firm with major port, maritime, energy, and infrastructure advisory practices — comparable as a broad incumbent providing project development and technical advisory on large-scale transport and energy infrastructure.
• AECOM: Global infrastructure consulting and engineering firm delivering port, maritime, energy, and large-scale development advisory services — comparable as a broad incumbent offering overlapping port infrastructure and energy project development capabilities.

Others

• Boskalis: Dutch marine contractor and dredging services provider — comparable as an adjacent infrastructure enabler already active in the Suriname offshore market, and similar in marine contracting scope to Van Oord (Phoenix's existing dredging partner).

Direct peers

• Royal HaskoningDHV: Dutch engineering consultancy with deep ports, waterways, and maritime infrastructure expertise — directly comparable as a port/marine technical advisor serving emerging-market port developments, similar in profile to Phoenix's use of Port of Rotterdam as masterplan advisor.
• Tractebel (Engie): Global infrastructure advisory firm with strong LNG, energy, and port project development expertise; closely comparable to Phoenix as an advisor and co-developer of large-scale LNG/energy infrastructure projects for government and enterprise clients.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/wix
• Facebookfacebook.com/wix
• LinkedInlinkedin.com/company/phoenix-development-holding-company-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Phoenix Development Company