TotalEnergies GranMorgu project in Suriname remains on track for 2028 production

The GranMorgu offshore oil project in Suriname is entering a critical execution phase, with first oil production still scheduled for 2028. TotalEnergies EP Suriname general manager Artur Nunes da Silva confirmed that the project is moving from preparation toward concrete offshore and production installation activities.

Key milestones include the installation of extensive subsea infrastructure starting next year and the deployment of two drilling rigs. While some reports indicate drilling activities could begin as early as December, TotalEnergies has previously noted that major drilling operations are slated for January 2027. The Noble Corporation has announced that the Noble Valiant and Noble Discoverer rigs are scheduled to begin campaigns for TotalEnergies off the Surinamese coast, with contracts covering sixteen wells per rig through late 2029.

The GranMorgu project, located in Block 58, involves the development of the Sapakara and Krabdagu oil fields. It represents an investment of approximately US$ 10.5 billion and aims for a production capacity of 220,000 barrels per day. The project is a partnership between TotalEnergies, APA Corporation, and Staatsolie, which holds a 20 percent stake. TotalEnergies estimates the project could support 6,000 direct and indirect jobs and generate between US$ 1 billion and US$ 1.5 billion in local spending.