BOGOTÁ, COLOMBIA (By Ana Sanches, Energy Analytics Institute, 20.May.2026, Words: 172) — QatarEnergy acquired participating interests in 3 exploration blocks offshore Uruguay from BG International Limited, a subsidiary of Shell. […]
Tag: APA Corporation
APA ups capital guidance for 2025 for GranMorgu project offshore Suriname
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 7.Aug.2025, Words: 200) — APA Corporation raised the full-year 2025 capital guidance for the 220,000 barrel per day (b/d) GranMorgu development […]
TotalEnergies acquires 25% interest in block 53 offshore Suriname
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 27.Jun.2025, Words: 215) — France’s TotalEnergies inked an agreement to acquire the 25% interest held by Moeve (formerly known as CEPSA) […]
SBM inks contract for 220,000 b/d FPSO GranMorgu with TotalEnergies
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. […]
Suriname: political renewal, hydrocarbons, and the perils of promise [pdf download]
HOUSTON, TEXAS (Editors at Energy Analytics Institute and Arko International, 18.Jun.2025, Words: 1,200) — Suriname — a small Caribbean country on South America’s northeastern coast — entered a new chapter […]
EAI’s Suriname NRG Prospector: TotalEnergies and APA eye GranMorgu [23pg pdf download]
PANAMA CITY, PANAMA (Editors at Energy Analytics Institute, 13.Jun.2025, Words: 6,000) — Nestled on the northeaster coast of South America, Surname is a small yet resource rich country poised to […]
Staatsolie inks deals for $1.6bn syndicated credit facility for GranMorgu
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 23.May.2025, Words: 578) — Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) and African Export-Import Bank (Afreximbank), along with 16 other financial […]
Staatsolie raises $211.7mn more than targeted with new bond issue
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 24.Mar.2025, Words: 534) — Suriname’s Staatsolie Maatschappij Suriname N.V. issued a new bond for $515.8mn on 23 Mar. 2025. This amount was […]
Santos Reports New Oil Find at Lagniappe, Confirms Strong Progress on Pikka Phase 1
BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 18.Mar.2025) — APA Corporation announced an oil discovery on Alaska’s North Slope from the Sockeye-2 exploration well in the Lagniappe area east […]
Suriname overview: energy future looks bright
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 19.Feb.2025, Words: 1,500) — Suriname is located on the northern coast of South America, bordered by the Atlantic Ocean to the north, […]
TotalEnergies Ups Reserves Estimate in Block 58
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 28.Jan.2025) — TotalEnergies SA said the Sapakara and Krabdagu oil discoveries offshore Suriname hold recoverable reserves estimated at nearly 760 million barrels, […]
APA Corporation Eyes Private Notes Offering for Senior Notes Due in 2035 and 2055
(Editors at Energy Analytics Institute, 7.Jan.2025) — APA Corporation announced plans to offer a series of senior notes due 2035 and a series of senior notes due 2055 in a […]
Staatsolie eyes raising $2.6bn to enter GranMorgu project offshore Suriname
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 2.Jan.2025, Words: 1,451) — Staatsolie Maatschappij Suriname N.V. plans to participate in the $10.5bn GranMorgu project in Block 58 with up to […]
Staatsolie Provides Highlights of Key 2024 Activities
PARAMARIBO, SURINAME (Staatsolie, 30.Dec.2024) — With the approval of the development plan and the announcement of the final investment decision (FID) for a production field in Block 58, 2024 marked […]
Saipem inks $1.9bn contract for GranMorgu project offshore Suriname
CARACAS, VENEZUELA (Piero Stewart, Energy Analytics Institute, 14.Nov.2024, Words: 418) — Saipem has been awarded an $1.9bn EPCI contract by TotalEnergies subsidiary TotalEnergies EP Suriname B.V. for the subsea development […]
TechnipFMC bags iEPCI contract for TotalEnergies’ GranMorgu offshore Suriname
HOUSTON, TEXAS (Piero Stewart, Energy Analytics Institute, 14.Nov.2024, Words: 226) — Technology provider TechnipFMC has been awarded a major integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract by TotalEnergies for […]
APA Eyes Impressive Production Ramp-up Offshore Suriname
(Energy Analytics Institute, 6.Nov.2024) — APA Corporation has entered the development phase of its large-scale GranMorgu oil project offshore Suriname in Block 58 where the company says there are additional […]
APA Corp. Reveals 3Q:24, Comments on Suriname, Permian
(APA, 6.Nov.2024) — APA Corporation announced its financial and operational results for the third quarter of 2024. Key Takeaways APA reported a loss attributable to common stock of $223mn or […]
APA Corp. Provides 3Q:24 Supplemental Info.
(APA Corp., 9.Oct.2024) — APA Corporation provided supplemental information regarding certain third-quarter 2024 (3Q:24) financial and operational results. This information is intended only to provide additional information regarding current estimates […]
Suriname First Development Boosted
(Energy Analytics Institute, 8.Sep.2024) — APA Corporation recently provided additional details around the final investment decision (FID) taken offshore Suriname with its French partner TotalEneriges. The development is the first […]
TotalEnergies takes $10.5bn FID for GranMorgu development on Suriname’s block 58
PARAMARIBO, SURINAME (TotalEnergies, 1.Oct.2024, Words: 800) — Patrick Pouyanné, Chairman and CEO of TotalEnergies, met in Paramaribo with His Excellency Chandrikapersad Santokhi, President of the Republic of Suriname, and Annand […]
APA Takes $10.5bn FID for First Oil Development Offshore Suriname
(APA, 1.Oct.2024) — APA Corporation’s subsidiary has reached a positive final investment decision (FID) for the first oil development in Block 58, located offshore Suriname. The project has been named […]
APA on $950mn Asset Sale of Non-core Permian Assets
(APA, 10.Sep.2024) — APA Corporation entered into an agreement for the sale of non-core producing properties in the Permian Basin to an undisclosed buyer for $950mn, prior to customary closing adjustments. […]
APA Corp. Updates on Permian Drilling, Suriname
(APA Corp., 31.Jul.2024) — APA Corporation announced its financial and operational results for the second quarter of 2024.APA reported net income attributable to common stock of $541mn, or $1.46 per diluted […]
SBM Reserves Fast4Ward® Hull for Block 58 Development
(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 […]
TotalEnergies, APA Corp. and Staatsolie Progress towards FID on Block 58
(TotalEnergies, 5.Jun.2024) — On the occasion of the 2024 Suriname Energy Oil and Gas Summit, Javier Rielo, Senior Vice President Americas, Exploration & Production for TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE), and […]
APA Reveals over $700mn in Asset Sales from Two Transactions
(APA Corp., 20.May.2024) — APA Corporation (Nasdaq: APA) announced the sale of non-core producing properties by Apache Corporation and certain of its subsidiaries in two separate transactions with aggregate proceeds […]
Petronas Discovery in Suriname Approaches 400 MMbbls
(Petronas, 16.May.2024) — Addressing the recent deepwater discovery by Petronas in Suriname, Mark Oberstoetter, Head of Americas (non-L48) Upstream, said “We understand Roystonea and Fusaea’s recoverable resources are approaching 400 […]
APA Corp. Announces 1Q:24 Financial and Operational Results
(APA Corp., 1.May.2024) — APA Corporation (Nasdaq: APA) announced its financial and operational results for the first quarter of 2024. Key Takeaways Reported production of 389,000 barrels of oil equivalent […]
APA Corp. Updates on Executive Leadership Changes
(APA Corp., 9.Apr.2024) — APA Corporation (Nasdaq: APA) announced updates to its executive leadership team to coincide with a restructuring of its development function and the integration of the recently […]
EAI’s NRGBriefs for Feb. 2024: Guyana, Mexico, Uruguay and Venezuela
HOUSTON, TEXAS (By editors with Energy Analytics Institute, 29.Feb.2024, Words: 3,790) — Energy briefs as well as others related to finance and projects during Feb. 2024 including Exxon Mobil and […]
APA Reveals 4Q:23 Results, Updates on Suriname FID [PDF Downloads]
(APA Corporation, 21.Feb.2024) — APA Corporation (Nasdaq: APA) announced its financial and operational results for the fourth-quarter and full-year 2023. During the fourth-quarter 2023, APA reported net income attributable to […]
Apache Corp Expands Award-Winning Tree Grant Programme to Scotland
(APA Corporation, 1.Nov.2023) — Apache Corporation, a subsidiary of APA Corporation (Nasdaq: APA), today announced the launch of the Apache Tree Grant Programme in Scotland for the 2023-2024 planting season. […]
APA Corp. Reports 3Q:23 Financial, Operational Results [PDF Download]
(APA Corporation, 1.Nov.2023) — APA Corporation (Nasdaq: APA) announced its financial and operational results for the third quarter of 2023. APA reported net income attributable to common stock of $459mn, or […]
APA Reveals 3Q:23 Guidance, Schedules Results Conference Call
(APA, 5.Oct.2023) — APA Corporation (Nasdaq: APA) provided supplemental information regarding certain third-quarter 2023 financial and operational results. This information is intended only to provide additional information regarding current estimates […]
APA Corporation Reduces Methane Emissions
(APA, 3.Oct.2023) — APA Corporation (Nasdaq: APA) announced the achievement of an environmental, social and governance (ESG) goal to convert more than 2,000 pneumatic devices to instrument air or through-valve […]
EAI’s NRGBriefs: Sep. 2023
(Energy Analytics Institute, 30.Sep.2023) — Energy briefs as well as others related to finance and projects during Sep. 2023 including Petrobras saying that in regards the process of divestment of […]
APA Corporation and TotalEnergies Launch Block 58 Development Studies
(APA Corporation, 13.Sep.2023) — APA Corporation (Nasdaq: APA) and TotalEnergies have announced the launching of development studies for a large oil project in Block 58, offshore Suriname. TotalEnergies is the […]
TotalEnergies Eyes Studies for 200,000 b/d Project in Suriname’s Block 58
(TotalEnergies, 13.Sep.2023) — On the occasion of the meeting held in Paramaribo between Patrick Pouyanné, Chairman and CEO of TotalEnergies, His Excellency Chandrikapersad Santokhi, President of the Republic of Suriname, […]
EAI’s NRGBriefs: Feb. 2023
(Energy Analytics Institute, 23.Feb.2023) — Energy briefs as well as others related to finance and politics during February 2023 including Repsol commenting on improvement of prospects for operations in Venezuela; […]
APA Corp. on Second Successful Flow Test at Sapakara South Off Suriname
(APA, 8.Feb.2023) — APA Corporation (Nasdaq: APA) announced the successful drilling and flow testing of the Sapakara South-2 (SPS-2) appraisal well, the second appraisal well to test the previously announced […]
APA Corp. Provides 4Q:22 Supplemental Info., Schedules Conf. Call
(APA Corporation, 18.Jan.2023) — APA Corporation (Nasdaq: APA) provided supplemental information regarding certain fourth-quarter 2022 financial and operational results. This information is intended only to provide additional information regarding current […]
APA Corp. Deems Awari Well on Block 58 Non-commerical
(APA Corp., 28.Nov.2022) — APA Corporation (Nasdaq: APA) provided an update on exploration activities in Block 58 offshore Suriname. Drilling operations have concluded at the Awari exploration prospect in the […]
APA Corp. Reduces Routine Flaring in Egypt by 40%
(APA Corp., 14.Nov.2022) — APA Corporation (Nasdaq: APA) today announced the achievement of a compensation-linked environmental, social and governance (ESG) goal to reduce upstream routine flaring across Egypt operations by […]
APA Corp. Engages GHD for Third-party Emissions Verification
(APA, 22.Sep.2022) — APA Corporation (Nasdaq: APA) announced engagement of GHD, a privately-owned global professional services company specializing in the implementation and verification of sustainability projects. This engagement underpins APA’s […]
APA Corp. Reveals First Find in Suriname Block 53; Plugs Dikkop
(APA Corp., 23.Aug.2022) — APA Corporation (Nasdaq: APA) announced an oil discovery offshore Suriname at Baja-1 in Block 53 and provided an update on recent drilling operations at Dikkop-1 in […]
APA Corp. Keeps 2022 Capex Unchanged at $1.725bn
(APA Corporation, 3.Aug.2022) — APA Corporation (Nasdaq: APA) announced its financial and operational results for the second-quarter 2022. APA reported net income attributable to common stock of $926mn, or $2.71 […]
NRGBriefs: APA, Total Drill Dikkop Off Suriname; Pemex Output Goals
(Energy Analytics Institute, 21.Jun.2022) — Energy briefs including APA Corporation and TotalEnergies drilling the Dikkop exploration well in the central portion of Suriname’s Block 58 with the Maersk Valiant. LATIN […]
APA Corp., TotalEnergies Announce Test Results at Krabdagu Discovery Well
(APA Corp., 21.Jun.2022) — APA Corporation (Nasdaq: APA) announced flow test results from the Krabdagu exploration well (KBD-1) on Block 58 offshore Suriname. APA Suriname holds a 50% working interest […]
APA Corp. Finds Water at Rasper Well in Block 53 Offshore Suriname
(APA Corp., 13.Jun.2022) — APA Corporation (Nasdaq: APA) provided results from recent drilling operations on Suriname Block 53. APA Suriname, the operator, holds a 45% working interest in the block, […]