Groundbreaking Investment: TotalEnergies and APA Corps Propel Suriname's Offshore Oil Ambitions
France's TotalEnergies and U.S. APA Corp have greenlit a $10 billion investment in Suriname's promising Block 58 oil and gas project. This venture, set to initiate in 2028, aims to revolutionize the small South American country's energy output,
TotalEnergies takes FID for first oil development in Block 58, offshore Suriname
TotalEnergies and partners reached a positive final investment decision (FID) for the first oil development in Block 58, offshore Suriname.
Suriname: TotalEnergies Announces Final Investment Decision for the GranMorgu development on Block 58
TotalEnergies is the operator of Block 58 with a 50% interest, alongside APA Corporation (50%). Staatsolie has announced its intent to exercise its option to enter the development project with up to 20% interest. Partners agreed that Staatsolie will contribute to the project from FID and will finalise its interest before June 2025.
TotalEnergies, APA approve $10B Suriname offshore oil and gas project
TotalEnergies ( TTE) is the operator of Block 58, with a 50% interest, while APA ( APA) also owns 50%; Suriname national oil company Staatsolie has the option to enter the development project with up to 20% interest upon FID.
TotalEnergies Greenlights $10.5B GranMorgu Oil Development Offshore Suriname
TotalEnergies has made the final investment decision (FID) for the GranMorgu development in Block 58 offshore Suriname, which
Suriname's Grand Oil Leap: TotalEnergies and APA Corp Greenlight $10.5 Billion Offshore Project
France's TotalEnergies and U.S. APA Corp have approved a $10.5 billion investment in Suriname's Block 58, marking the nation's entry into offshore oil production. The project aims to follow Guyana's successful footsteps,
TotalEnergies Announces FID For Suriname Oil Project With $10.5 Bln Total Investment
TotalEnergies (TTE) announced Final Investment Decision or FID for the GranMorgu development located on offshore Block 58 in the
TotalEnergies, APA Greenlight $10.5 Billion Oil and Gas Project in Suriname
The announcement was made at Suriname's presidential cabinet in presence of President Chan Santokhi, TotalEnergies' CEO ...
Suriname Oil Boom On the Horizon: TotalEnergies, APA Near FID for Block 58
Notably, TotalEnergies and APA operate Block 58, with each holding a 50% stake. Staatsolie has the option to join the ...
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Francisco Perez, 58, Of Lancaster Sentenced For Punching
A bodybuilder who "was defending his wife and stepdaughter" punched a man causing injuries, on Tuesday, Oct. 1 he was ...
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TotalEnergies gives $9 billion offshore Suriname field a new name
TotalEnergies has renamed its $9 billion Sapakara South-Krabdagu project located offshore Suriname, as the French supermajor ...
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'Block party' a community affair
The Big Block Print show returns this Friday to the Center for the Arts for its second year. The group exhibit features the ...
A 58-year-old man was killed in a quadruple shooting in Southwest Philly
A 58-year-old man was killed and three others were wounded in a shooting Friday night in Southwest Philadelphia, police said.