Suriname Energy Storage Project Tender Announcement

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6 Frequently Asked Questions about “Suriname Energy Storage Project Tender Announcement”

What is totalenergies' commitment to the authorities of Suriname?

TotalEnergies is committed to the authorities of Suriname to develop this project in a responsible manner, both by ensuring benefits in terms of job creation and economic activities for Suriname and by using the best available technologies to minimize greenhouse gas emissions.

Why should we invest in oil in Suriname?

Those incomes will contribute to the prosperity and stability fund, and will be a means to diversify our economy by developing sustainable sectors such as agriculture and tourism” said His Excellency Chandrikapersad Santokhi, President of the Republic of Suriname. “Our company was set-up to find, develop and produce oil in the Offshore.

Who selected Technip energies for FPSO project in Suriname?

Marco Villa, Chief Business Officer of Technip Energies commented: “We are delighted to have been chosen by TotalEnergies, together with our partner SBM Offshore, for the GranMorgu FPSO project in Suriname.

Will Suriname benefit from economic spin-off?

“Suriname is going through a challenging economic period. This announcement provides the much-needed outlook towards positive developments for our nation. We are confident that the Surinamese people will benefit from the economic spin-off that will be generated in the next phases.

Where is totalenergies located in Suriname?

TotalEnergies is present in Suriname since 2019 in Block 58 where five significant discoveries have been made and is also exploring Blocks 6 and 8 since 2023. TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity.

How is oil produced in Suriname?

These reserves, located in water depths between 100 and 1,000 meters, will be produced through a system of subsea wells connected to a FPSO (Floating Production, Storage and Offloading unit) located 150 km off the Suriname coast, with an oil production capacity of 200,000 barrels per day.

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