Technip Energies, in collaboration with SBM Offshore, has secured a significant contract from TotalEnergies for the development of the GranMorgu Floating Production,
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View moreTechnip Energies (PARIS:TE), in partnership with SBM Offshore, has been awarded a major(1) contract by TotalEnergies for the GranMorgu Floating Production, Storage
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View moreMarco Villa, Chief Business Officer of Technip Energies commented: “We are delighted to have been chosen by TotalEnergies, together with our partner SBM Offshore, for the GranMorgu FPSO project 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. Shell is ramping up its oil exploration activities offshore Suriname.
This project is the first FPSO project in Suriname and is located in Block 58, circa 150 kilometers offshore Suriname. (1) A “major” award for Technip Energies is a contract award representing above €1 billion of revenue.
Technip Energies, in collaboration with SBM Offshore, has secured a significant contract from TotalEnergies for the development of the GranMorgu Floating Production, Storage, and Offloading vessel. This ambitious project is located approximately 150 kilometres offshore in Block 58, marking the first FPSO development in Suriname.
Shell is ramping up its oil exploration activities offshore Suriname. The company plans to drill up to four wells in Block 65, with the first, named Araku Deep-1, set to spud in the second quarter of 2025. Located at a depth of 960 meters, this block was awarded to Shell and its Qatari partner during the Demerara licensing round in 2023.
To the west of Suriname, the Guyana-Suriname Basin continues to attract significant interest, notably with the Stabroek Block in Guyana, operated by ExxonMobil and partners. These projects, producing over 600,000 barrels per day, demonstrate the region’s potential to meet growing global energy demand.
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