Project Overview
GranMorgu is Suriname’s first offshore oil development. It will develop the Sapakara and Krabdagu discoveries in Block 58, approximately 150 km offshore in water depths of about 100 to 1,100 metres. TotalEnergies operates the development with a 40% interest; APA holds 40% and Staatsolie 20%. FID was taken in October 2024. Recoverable resources are estimated at close to 760 million barrels, total investment is approximately US$10.5 billion, and first oil is targeted for 2028.
Ownership and Development Basis
| Participant | Interest | Project Responsibility |
|---|---|---|
| TotalEnergies | 40% | Operator of Block 58 and GranMorgu, coordinating FPSO, subsea and drilling interfaces |
| APA Corporation | 40% | Project partner |
| Staatsolie | 20% | Suriname’s national oil company and project partner |
FPSO and Construction Organization
The GranMorgu FPSO uses SBM Offshore’s eighth standardized Fast4Ward MPF hull. Technip Energies and SBM Offshore are jointly responsible for construction and installation. The hull is approximately 322 metres long and 60 metres wide, with design oil capacity of 220,000 bpd and storage of about two million barrels. The facility uses an all-electric-drive configuration, eliminates routine flaring and reinjects all associated gas.
| Execution Area | Principal Party | Scope | Verified Milestone |
|---|---|---|---|
| Overall FPSO and topsides | Technip Energies / SBM Offshore | Joint construction and installation; topsides engineering, design, modularization and fabrication oversight | Awarded in Nov 2024 |
| Module fabrication | BOMESC | FPSO topsides modules | First steel cut on 20 May 2025 |
| Hull conversion | China Merchants Industry | Fast4Ward MPF hull conversion, inspection and structural work | Started 26 May 2025; entered dry dock in Apr 2026 |
| Modules and integration | COSCO Shipping | Topsides modules followed by integration of the converted hull | First steel cut on 6 Jun 2025 |
| Operational readiness and O&M | SBM Offshore | Pre-first-oil readiness and at least two years of O&M after first oil, with extension options | Contract signed in Jun 2025 |
Subsea, Drilling and Completions
| Contractor | Contract Boundary | Principal Scope |
|---|---|---|
| TechnipFMC | Subsea-system iEPCI | Subsea 2.0 trees, manifolds, connectors, topside control equipment, umbilicals, flexible jumpers and flexible risers |
| Saipem | SURF EPCI | Approximately 100 km of production flowlines, 90 km of water- and gas-injection lines, transportation, installation, pre-commissioning and start-up support |
| Halliburton | Integrated drilling and completions | Long-term well construction, drilling and completions, digital and automated execution, and local capability development in Suriname |
Key Milestones
-
Final investment decision
The development moved into full execution with first oil targeted for 2028.
-
Major engineering contracts awarded
The FPSO, subsea-system iEPCI and SURF EPCI scopes entered execution.
-
Construction started at three Chinese yards
First steel was cut for the Tianjin modules, Nantong hull conversion and Qidong modules.
-
Hull entered dry dock in Nantong
Critical inspections and structural work started; the primary source specifies the month only.
-
Drilling and completions contract announced
Halliburton received the long-term integrated well-construction scope.
-
Target first oil
Offshore installation, commissioning and start-up preparations are progressing toward the current target.
Principal Sources
TotalEnergies FID announcement; Technip Energies first-steel update; Technip Energies dry-dock update; TechnipFMC iEPCI award; Saipem SURF EPCI award; Halliburton drilling and completions award.
Participants and roles
Key participants and their project roles.
-
Operator
TotalEnergies operates Block 58 and the GranMorgu development with a 40% interest, coordinating the FPSO, drilling and completions, and subsea production scopes.
- Scope
- Ownership and governance
- Relationship start
- 1 Oct 2024
-
EPCI contractor
Technip Energies and SBM Offshore form the consortium responsible for construction and installation of the GranMorgu FPSO. Technip Energies focuses on topsides engineering, design and modularization, while jointly overseeing fabrication with its partner.
- Scope
- Offshore facilities and operations
- Relationship start
- 14 Nov 2024
-
EPCI contractor
SBM Offshore and Technip Energies are jointly responsible for construction and installation of the GranMorgu FPSO, which uses SBM Offshore's eighth Fast4Ward MPF hull.
- Scope
- Offshore facilities and operations
- Relationship start
- 14 Nov 2024
Shipowner / lessorSBM Offshore provides operational readiness before first oil and at least two years of operations and maintenance after first oil, with extension options.
- Scope
- Offshore facilities and operations
- Relationship start
- 19 Jun 2025
-
BOMESCTopsides builder
Fabrication of topsides modules for the GranMorgu FPSO.
- Scope
- Offshore facilities and operations
-
EPCI contractor
Saipem is responsible for the SURF EPCI scope, including approximately 100 km of production flowlines, 90 km of water- and gas-injection lines, flexible risers, umbilicals and associated structures, together with transportation, installation, pre-commissioning and start-up support.
- Scope
- Offshore facilities and operations
- Relationship start
- 14 Nov 2024