PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 19.Jun.2025, Words: 204) — SBM Offshore signed an operations and maintenance contract with TotalEnergies EP Suriname B.V., an affiliate of France’s TotalEnergies. The deal relates to the 220,000 barrel per day (b/d) floating production storage and offloading (FPSO) GranMorgu, as part of the field development project located in Block 58 in Suriname.
GranMorgu will develop the Sapakara and Krabdagu oil discoveries, on which a successful exploration and appraisal campaign was completed in 2023. The fields are located 150km off the coast of Suriname and hold recoverable reserves estimated at over 750 million barrels.
