SBM Reserves Fast4Ward® Hull for Block 58 Development

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(SBM, 6.Jun.2024) — SBM Offshore announced that, in partnership with Technip Energies, and in line with the Front End Engineering and Design (FEED) studies for a Floating Production, Storage and Offloading vessel (FPSO) for the development project located in the Block 58 in Suriname with TotalEnergies EP Suriname B.V., an affiliate of TotalEnergies, a Fast4Ward® hull for the Block 58 development project has been reserved by TotalEnergies.

The Block 58 development is the first development within Block 58, circa 150 kilometers offshore Suriname.

TotalEnergies is the operator and holds a 50 percent interest in Block 58 with APA Corporation holding the other 50 percent. The final investment decision is expected in the fourth quarter of 2024, for a production start-up in 2028.

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