SUBSCRIBE
PROFILE

Suriname

PETRONAS becomes key carbon storage player and expands operations in Suriname

PETRONAS secures Malaysia’s first CCS permit and strengthens its upstream presence in Suriname, aligning an integrated strategy between CO₂ capture and low-cost offshore exploration.

TotalEnergies appoints Nicola Mavilla as global head of exploration

Nicola Mavilla succeeds Kevin McLachlan as TotalEnergies' Director of Exploration, bringing over two decades of international experience in the oil and gas industry.

Petronas Launches Strategic Drilling Campaign Offshore Suriname

Petronas begins a three-well exploratory drilling campaign offshore Suriname, deploying a Noble rig after securing an environmental permit and closely collaborating with state-owned company Staatsolie.
en_11407072030540

TotalEnergies acquires 25% stake in Block 53 in Suriname and strengthens its offshore presence

TotalEnergies acquires a 25% stake in Block 53 offshore Suriname, joining APA and Petronas after an agreement with Moeve, thereby consolidating its expansion strategy in the region.

SBM Offshore secures FPSO operations contract with TotalEnergies in Suriname

SBM Offshore has secured an operations and maintenance contract from TotalEnergies for the FPSO GranMorgu unit, the first such project in Suriname, covering operational preparation and post-production maintenance for at least two years.

Suriname grants $750 bonus to each citizen ahead of oil revenues

Suriname has launched a pre-distribution programme of its future oil revenues, offering a $750 bonus to more than 570,000 citizens well before the start of offshore production scheduled for 2028.
en_1140290982540-2

Petrobras builds wildlife centre to secure drilling permit in Brazil

Petrobras has completed a veterinary facility in the Amazon to meet a regulatory requirement for drilling in the strategic Foz do Amazonas region.

Washington warns Caracas over any attack on Guyana and vows retaliation

The United States has strengthened its support for Guyana amid Venezuela’s claims over the Essequibo, warning Caracas of a military response in case of aggression targeting the territory or American oil interests.

Rubio warns Venezuela of U.S. retaliation in the event of aggression against Guyana

During a visit to Guyana, U.S. Secretary of State Marco Rubio announced that any Venezuelan attack on the territory or oil infrastructure of Guyana would trigger a military response, heightening regional tensions.
en_1140290944540-22

Suriname accelerates offshore oil exploration with strategic investments

Suriname plans to drill at least 10 offshore wells by 2026, with investments estimated at $9.5 billion, aiming to exploit significant oil reserves and attract foreign capital.

France Maintains Ban on Oil Exploration in French Guiana

Energy Minister Marc Ferracci reaffirmed his opposition to reopening the debate on oil exploration in France. Despite proposals from Overseas Minister Manuel Valls, the government is prioritizing a decarbonization strategy aligned with its international commitments.

Manuel Valls proposes opening the debate on oil exploitation in Guyana

Manuel Valls calls for a debate on banning oil exploitation in Guyana, while Minister of Ecological Transition, Agnès Pannier-Runacher, opposes, emphasizing the consistency of France's environmental commitments.
en_1140290947540-10

Shell and Petronas Accelerate Offshore Projects in Suriname

Shell plans to drill four offshore wells in 2025 in Block 65, while Petronas explores new gas resources in Block 52, highlighting Suriname's energy potential.

China and Suriname Reach $475 Million Debt Restructuring Agreement

Suriname and China have signed an agreement to reschedule $475 million in debt, marking the first step in revitalizing the South American country's economy, which remains in crisis despite its vast oil reserves.

TotalEnergies awards major contracts to TechnipFMC and Saipem for an oil project in Suriname

TechnipFMC and Saipem secure contracts exceeding one billion dollars each for TotalEnergies’ offshore oil project, GranMorgu, aimed at exploiting fields off the Suriname coast.
en_1140432540

Guyana and Suriname: A New Competitive Source of LNG for the 2030s

Thanks to significant gas projects, Guyana and Suriname could supply up to 12 million tonnes of LNG per year by the next decade, offering a competitive alternative in the global market.

TotalEnergies Continues Oil and Gas Production Through 2030

TotalEnergies announces an increase in its oil and gas production until 2030, despite pressures to reduce fossil fuels. CEO Patrick Pouyanné defends this strategy amid climate challenges.

TotalEnergies Confirms its Willingness for Dual Listing in New York Backed by the Board

TotalEnergies announces its intention to establish a dual listing in New York, supported unanimously by its board of directors, while maintaining its presence on the Paris stock market.
en_1140590951540

TotalEnergies Invests USD 10.5 Billion in Suriname’s First Offshore Oil Project

TotalEnergies, in partnership with APA Corporation, has confirmed a USD 10.5 billion investment to develop Block 58 off the coast of Suriname. The project aims to exploit the oil resources from the Sapakara and Krabdagu fields, with reserves estimated at over 750 million barrels. The fields, located 150 kilometers offshore, will be developed using a Floating Production Storage and Offloading (FPSO) unit capable of processing up to 220,000 barrels per day.

TotalEnergies targets production of 220,000 barrels/day in Suriname

TotalEnergies launches the development of the Gran Morgu field offshore Suriname. An FPSO will be installed, with discussions underway to integrate Petrobras into the project.
  • Populaires sur energynews.pro
EDP commissions rooftop solar plant for Johnson Electric in Italy
TotalEnergies sells Bonga stake for $510mn to Shell and Eni
Axiom maintains $110mn lawsuit against Tidewater over Canadian asset dispute
Econergy connects 52MW solar park in Poland under contract with Apple
Rosneft sells 11% of KPC to ease sanctions pressure