TotalEnergies, APA Corporation and Staatsolie are advancing the GranMorgu development offshore Suriname, with drilling and offshore installation activities scheduled to begin in early 2027 ahead of first oil in 2028.
The project has progressed since the final investment decision in October 2024. Construction of the FPSO and manufacturing of the subsea production system, risers and flowlines are underway, alongside preparations for production well drilling and offshore installation.
The first major subsea production equipment for GranMorgu has arrived at the Kuldipsingh Port Facility in Suriname. Large production system components and other materials are being stored at the facility ahead of offshore installation.
Patrick Pouyanné, Chairman and CEO of TotalEnergies, visited Suriname on 19 September 2026 and toured the Kuldipsingh facility after meeting President Jennifer Geerlings-Simons.
Reuters reported that about 50% of the project’s planned investment had already been spent, citing Pouyanné. The news agency described GranMorgu as a roughly $12 billion development.
TotalEnergies currently estimates total investment in the GranMorgu development at around $10.5 billion.
GranMorgu will develop the Sapakara and Krabdagu fields in Block 58, around 150 km off the coast of Suriname. TotalEnergies operates the development with a 40% interest, while APA Corporation holds 40% and Staatsolie 20%.
TotalEnergies estimates that the Sapakara and Krabdagu fields contain nearly 760 million barrels of recoverable reserves. The development will use an FPSO with a production capacity of 220,000 barrels/day, with commissioning scheduled for 2028.
Separate exploration activity is also planned for Block 58. Staatsolie said a new exploration campaign is scheduled to begin in 2027 to investigate areas surrounding GranMorgu. TotalEnergies has also indicated exploration activity on Block 58 in 2027 and 2028.
The Block 58 exploration programme is separate from the GranMorgu production drilling and offshore installation activities scheduled to start in early 2027.
