TotalEnergies has completed all three First Steel Cut ceremonies for the GranMorgu floating production, storage and offloading (FPSO) vessel. The events mark the start of the fabrication phase of the deepwater development project offshore Suriname.
Ceremonies were held at three shipyards: BOMESC on May 20, CMHI on May 26, and COSCO on June 6.
“This achievement officially launches the fabrication phase and highlights the strength of our collaboration with SBM Offshore and Technip Energies,” TotalEnergies stated on June 10 via Facebook.
$10.5 billion GranMorgu project could reshape Suriname’s economy over the next decade | OilNOW
The company said each ceremony reinforced its commitment to safety. “Each ceremony was also a powerful reminder of our unwavering commitment to our core value: Safety.”
The GranMorgu project is being developed in partnership with Staatsolie Maatschappij Suriname N.V. and APA Corporation. First oil is expected in 2028.
“At TotalEnergies, we are proud to lead this project in partnership with Staatsolie Maatschappij Suriname N.V. and APA Corporation, working together to responsibly unlock Suriname’s deepwater potential,” the company noted.
SBM Offshore and Technip Energies are responsible for building and installing the FPSO. Offshore activity in Suriname is set to increase. Rystad Energy forecasts 10 wells will be drilled between 2025 and 2026. Staatsolie expects five of those to be drilled in 2025 by TotalEnergies, PETRONAS, Shell, Chevron, and QatarEnergy.
