On October 1, 2024, the French oil major Total Energies has just signed the Final Investment Decision (FID) for the development of the Gran Morgu field in Block 58, with estimated reserves of around 700 million barrels of oil equivalent. This major milestone will drive significant growth in Suriname’s offshore energy sector and economy. This will also provide plenty of opportunities for companies active in the oil and gas sector. For more information on this contemplated development we refer to the this link: Staatsolie – Suriname’s National Energy, Oil & Gas Company – TotalEnergies and APA Corporation Announce Final Investment Decision for Block 58.
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