TotalEnergies, APA Corporation, and Staatsolie near a Q4 2024 FID for Block 58 offshore Suriname, with production starting in 2028.
TotalEnergies, APA Corporation, and Staatsolie are nearing a Final Investment Decision (FID) for the development of offshore Block 58 in Suriname, with a projected FID in Q4 2024, leading to production starting in 2028. TotalEnergies operates Block 58 alongside APA Corporation, with each holding a 50% stake, and Staatsolie has the option to join the project with up to a 20% interest following the FID. Engineering studies for the Sapakara and Krabdagu fields are progressing, with combined recoverable resources estimated at over 700 million barrels.
June 05, 2024
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