SBM Offshore has officially commenced fabrication of the GranMorgu floating production, storage, and offloading (FPSO) vessel, marking a milestone [1] in Suriname’s first offshore oil development. The first steel cut ceremony took place at BOMESC Shipyard in Tianjin, China, signaling the start of topsides module construction.
The GranMorgu FPSO is being developed for TotalEnergies’ $12.2 billion offshore oil project in Block 58, located approximately 150 kilometers off Suriname’s coast. The vessel, based on SBM Offshore’s Fast4Ward® Multipurpose Floater C (MPF C) hull, is designed to produce up to 220,000 barrels of oil per day. Production will come from around 30 wells tapping into reserves estimated at 750 million barrels.
The FPSO will feature an all-electric drive, zero routine flaring, and gas reinjection systems, aligning with TotalEnergies’ commitment to sustainable offshore operations. Staatsolie, Suriname’s national oil company, has secured a 20% stake in the GranMorgu project through a $1.6 billion loan.
TotalEnergies and its partner APA Corporation aim to begin oil production in 2028, with ongoing infrastructure development including drilling operations, subsea installations, and pipeline construction. The FPSO’s modular design allows for future expansion, enabling the connection of satellite fields to extend production longevity.
GranMorgu, named after the Sranan Tongo phrase meaning “great morning” or “new dawn,” symbolizes strength and longevity, reflecting Suriname’s ambitions in offshore energy development.
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[1] First steel cut for SBM Offshore’s FPSO destined for TotalEnergies’ oil project off Suriname https://www.offshore-energy.biz/first-steel-cut-for-sbm-offshores-fpso-destined-for-totalenergies-oil-project-off-suriname/