The Future of Suriname: TotalEnergies’ Final Investment Decision Explained

On October 1, 2024, Patrick Pouyanné, CEO of TotalEnergies, met with President Chandrikapersad Santokhi of Suriname and Annand Jagesar, CEO of Staatsolie, to announce the Final Investment Decision (FID) for the "GranMorgu" oil project in offshore Block 58. The project will develop the Sapakara and Krabdagu oil fields, with over 750 million barrels of recoverable reserves. The development includes a 220,000-barrel-per-day Floating Production Storage and Off... Read More