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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.

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

CountriesFrance, Malaisie, Suriname, États-Unis
CompaniesTotalEnergies, Petronas
SectorPétrole, Gaz, Exploration production, Exploration production
ThemeInvestissements & Transactions, Partenariats commerciaux

TotalEnergies has signed an agreement to acquire the 25% interest held by Moeve, formerly known as Compañía Española de Petróleos Sociedad Anónima (CEPSA), in Block 53 located offshore Suriname. This new partnership positions TotalEnergies alongside APA Corporation, operator with 45%, and Petroliam Nasional Berhad (Petronas), which holds 30% of the licence.

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Pétrole