SBM Offshore inked a deal for the operations and maintenance (O&M) of the GranMorgu floating production, storage and offloading (FPSO) vessel with TotalEnergies, the Dutch shipbuilder said Thursday morning.
TotalEnergies’ Suriname affiliate TotalEnergies EP Suriname B.V. awarded the contract, which covers the operation readiness phase before first oil as well as the operations and maintenance services for a minimal period of two years after first oil with extension options, SBM Offshore said in a release.
“This contract reinforces SBM Offshore’s long-term strategic partnership with TotalEnergies and marks a significant milestone as SBM Offshore becomes the first FPSO operator in Suriname,” SBM Offshore added. “It is a testimony to SBM Offshore’s focus on excellence throughout the entire project’s lifecycle, from the allocation of our eighth Fast4Ward® MPF hull to our extensive experience in asset management supporting TotalEnergies’ operations.”
Steel cut ceremonies marked the start of fabrication work for components of the vessel earlier this month at three shipyards.
The FPSO will target oil production at a rate of 220,000 barrels per day (b/d) in 2028 from oil fields at Block 58, contiguous with the prolific Stabroek Block in Guyana. Total operates the Suriname block in partnership with APA Corporation.