Oil company TotalEnergies signs $10.5 billion investment agreement in Suriname

Oil company TotalEnergies signs $10.5 billion investment agreement in Suriname


France’s TotalEnergies signs an agreement for a $10.5 billion investment in Suriname for the development of a 200,000-barrel-per-day offshore block, which is due to start production in 2028. Patrick Pouyanné, CEO of Total; Surinamese President Chan Santokhi; and the head of state-owned Staatsolie, Annand Jagesar; finalise at a meeting in Paramaribo the Final Investment Decision (FID) to develop the ‘Gran Morgu’ field in block 58, 150 km off the coast of the Caribbean country. IMAGES

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