"Suriname" News

TechnipFMC Delivers Critical Equipment for Suriname Project

Aug 09, 2026

The GranMorgu Project offshore of Suriname continues to make strong progress, reports TechnipFMC, with the delivery of critical subsea equipment supporting the next phase of execution.“The departure of the first drilling equipment and the successful…

TotalEnergies' GranMorgu Project on Track for Mid-2028 First Oil

Sep 21, 2026

French energy company TotalEnergies and its partners in the $12 billion GranMorgu offshore oil and gas project in Suriname are on track to inaugurate output in mid-2028, the head of state-run Staatsolie, Annand Jagesar, said on Saturday during a tour to oversee the development's progress…

Valaris Adds $220M to Offshore Drilling Backlog

Oct 07, 2026

Valaris has added about $220 million to its contract backlog through new offshore drilling contracts and extensions since its previous fleet update in August, including work in Suriname, Australia and the North Sea.The offshore driller secured…

TotalEnergies to Drill New Well in Suriname Next Year

Jun 24, 2026

Energy producer TotalEnergies expects to begin a new well drilling campaign next year to extend its exploration targets in Suriname, the French company's vice president for exploration in the Americas said on Wednesday.TotalEnergies' largest development in Suriname…

Suriname's Block 52 Could Become Commercial in 18 Months

May 27, 2026

Malaysia's oil and gas producer Petronas is exploring for oil at offshore Block 52 in Suriname, which was declared commercially viable for the development of natural gas late last year following large discoveries in the area, the managing director of state company Staatsolie said on Wednesday…

Tenaris Opens Suriname Service Center to Support GranMorgu Offshore Project

Jul 01, 2026

Steel pipe supplier Tenaris has started operations at a new service center in Suriname to support the GranMorgu offshore project, operated by TotalEnergies with APA Corporation and Staatsolie Maatschappij Suriname as partners.Located in Paramaribo…

Suriname's GranMorgu FPSO Project to Evaluate Wind-Assisted Towing

Jul 16, 2026

STS joint venture, formed by SBM Offshore and Technip Energies, and TotalEnergies EP Suriname have signed an agreement with French company Beyond the Sea to evaluate wind-assisted kite traction towing for the GranMorgu floating production, storage and offloading (FPSO) vessel offshore Suriname…

Halliburton Nets Drilling and Completions Deal for TotalEnergies’ GranMorgu Scheme

Jul 14, 2026

Oilfield services firm Halliburton has been awarded integrated drilling and completions contracts for the GranMorgu deepwater development offshore Suriname, operated by TotalEnergies.The long-term agreement covers drilling and completions services for the project…

Petronas Makes New Gas Discovery Offshore Suriname

Jun 24, 2026

Malaysia's state-controlled energy producer Petronas has made another gas discovery at offshore Block 52 in Suriname, the South American country's President Jennifer Simons said on Tuesday, while a company executive said the block's eight discoveries…

Saipem Mobilizes for GranMorgu Oil Development off Suriname

Jun 23, 2026

Italian energy services company Saipem has launched operations for the GranMorgu offshore project in Suriname with the arrival of the multi-purpose construction vessel Normand Navigator at the Jules Sedney Harbour commercial port in Paramaribo…

SLB to Collaborate with Petronas Suriname

Apr 07, 2026

SLB has signed an agreement between Petronas Suriname, a subsidiary of Petronas and Subsea Integration Alliance, comprising SLB OneSubsea and Subsea7.The partnership aims to unlock resources in Suriname’s emerging frontier basin through innovative and cost-effective subsea solutions…

Markets: Oil Majors Reload Exploration Hoppers Across Sub-Saharan Africa

Jun 25, 2026

Faced with declining production post-2030, across Sub-Saharan Africa (SSA), the Majors have started the process of reloading exploration hoppers. Targeting predominantly deep and ultra-deep waters, they have signed numerous agreements aimed…

Guyana Eyes Record Oil Revenues as Global Energy Markets Shift

Jun 01, 2026

Guyana was already the world’s fastest growing economy before the U.S.-Israeli war on Iran drove up oil prices. Now, the tiny Caribbean nation of nearly 1 million people will reap an even bigger bonanza as the conflict reshapes global energy markets…

Valaris Nets $447M Brazil Drillship Extension, Inks Suriname Collaboration Deal

Apr 06, 2026

Offshore drilling contractor Valaris has secured a multi-year contract extension with Petrobras offshore Brazil and entered into a strategic collaboration agreement with Petronas and Halliburton for offshore development in Suriname.The company said the drillship VALARIS DS-4 was awarded a 1…

Deepwater’s Playbook for Delivering Growth

Apr 23, 2026

Deepwater production continues to remain a core part of the long-term energy supply mix. While production from conventional onshore and shallow-water assets is expected to remain broadly flat under our base case, Welligence estimates that global…

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