Located 150 kilometers off the coast of Suriname, the GranMorgu project led by TotalEnergies is positioned as a model for oil development aligned with energy transition goals. With estimated reserves of 760 million barrels, the field will operate in Block 58, covering the Sapakara and Krabdagu reservoirs, using a state-of-the-art floating production, storage, and offloading (FPSO) unit.
The facility, fully electric and with a capacity to produce 220,000 barrels per day, was designed based on successful models in Guyana and will incorporate technologies such as total reinjection of associated gas, waste heat recovery, and a seawater cooling system. All of this is combined with permanent sensors for methane detection, achieving an emissions intensity of less than 16 kg CO₂e/boe.
An Economic Driver for Suriname
With a total investment of $10.5 billion, GranMorgu represents the largest foreign capital injection in Suriname’s history and is expected to generate between 6,000 and 7,000 direct, indirect, and induced jobs, thanks to a local component ranging between $1 billion and $1.5 billion.
Paramaribo, the country’s capital, will serve as the administrative and logistical hub for the project. Surinamese companies will contribute to activities such as well maintenance, subsea operations, and FPSO support, strengthening the national productive fabric.
Strategic Stakeholder Participation
TotalEnergies leads the project, but does not act alone; Technip Energies was selected to design and build the FPSO topsides, while SBM Offshore signed a contract for its long-term operation and maintenance. This international collaboration ensures world-class technical standards and promotes technology transfer to Suriname.
Beyond Crude
Production is scheduled to begin in 2028. By then, Suriname could have climbed a significant step on the regional energy chessboard, thanks to a project that combines economic development, low emissions, and international cooperation.
Source: TotalEnergies