Skip to main content
NVDA+0.10%AAPL-0.38%GOOGL+0.64%MSFT+0.09%AMZN+0.20%TSM+1.02%SPCX-1.36%AVGO+2.97%META+0.35%TSLA-0.11%SKHY+2.46%MU+0.19%BRK-B+0.11%LLY+0.04%JPM+0.10%AMD+2.70%WMT-0.06%V-0.44%XOM+0.17%JNJ-0.09%ASMLa-0.44%INTC-0.18%MA-0.09%0700.HK-1.64%ABBV-0.02%1398.HK-0.27%CSCO-0.66%ORCL-1.98%CVX-0.97%BAC-0.77%COST+0.15%KO+0.22%DELL-3.46%CAT+1.30%LRCX+6.98%0005.HK+1.13%AMAT+6.51%HSBA.L-0.12%PG-0.79%AP2d-0.14%UNH+0.45%3988.HK0.00%GE+0.26%1816.HK-0.24%MS-0.46%HD-0.84%NFLX-4.67%0857.HK-0.73%0939.HK-0.93%ARM+4.04%GBPTRY+0.41%GBPHKD+0.32%GBPMXN-0.28%USDILS+0.16%USDCOP-0.04%GBPNZD0.00%GBPSGD0.00%GBPZAR0.00%EURSEK0.00%USDDKK0.00%GBPCHF0.00%GBPUSD0.00%GBPCAD0.00%USDPLN0.00%CHFNOK0.00%EURPLN0.00%PLNJPY0.00%NZDCAD0.00%NZDMXN0.00%EURCAD0.00%CHFJPY0.00%EURUSD0.00%EURJPY0.00%EURNZD0.00%GBPAUD0.00%EURNOK0.00%NZDCHF0.00%NZDSGD0.00%EURCZK0.00%NOKJPY0.00%AUDCAD0.00%CHFSGD0.00%SGDJPY0.00%AUDSGD0.00%NZDUSD0.00%GBPJPY0.00%EURGBP0.00%AUDNZD0.00%AUDJPY0.00%AUDUSD0.00%USDJPY0.00%USDCNH0.00%EURCHF0.00%USDMXN0.00%USDNOK0.00%USDTHB0.00%USDTRY0.00%USDSEK0.00%USDCAD0.00%USDCHF0.00%EURHKD0.00%EURAUD0.00%AUDNOK0.00%EURCNH0.00%EURZAR0.00%EURSGD0.00%AUDDKK0.00%CHFSEK0.00%AUDCHF0.00%USDSGD0.00%USDZAR0.00%NZDJPY0.00%CADCHF0.00%USDHKD0.00%EURDKK0.00%CADJPY0.00%GAGUSD0.00%XAGUSD0.00%HG10.00%S10.00%C10.00%XNGUSD0.00%USOIL0.00%W10.00%XAUUSD0.00%SUGAR0.00%COTTON0.00%COFFEE0.00%BTCUSD-1.19%ETHUSD-2.22%USDTUSD-0.01%XRPUSD-2.27%SOLUSD-2.74%TRXUSDT+0.55%ZECUSDT-2.20%DOGEUSD-3.35%XMRUSDT-3.95%LINKUSD-3.80%XLMUSD-3.45%UNIUSD+0.93%BCHUSDT-3.54%LTCUSD-2.50%HBARUSDT-0.57%TONUSD+24.06%SUIUSD-5.11%TAOUSDT-4.90%AAVEUSD-3.51%DOTUSDT-3.43%ICPUSDT-3.03%ONDOUSDT-2.90%ARBUSDT+3.34%WLDUSDT-1.25%JUPUSDT-4.04%ATOMUSDT-3.42%INJUSDT-1.93%STXUSDT+1.40%FETUSDT-5.40%TIAUSDT-1.00%PYTHUSDT-5.24%SEIUSDT-3.96%IMXUSDT-4.48%OPUSDT+0.77%GRTUSDT-1.76%IOTAUSDT-1.97%WIFUSDT-7.00%POLUSDT-0.17%AXSUSDT-3.15%FARTCOINUSDT+0.46%EOSUSDT+0.89%DYDXUSDT-4.99%ORDIUSDT-0.99%GALAUSDT-4.38%NOTUSDT-0.74%RONINUSDT-2.70%NVDA+0.10%AAPL-0.38%GOOGL+0.64%MSFT+0.09%AMZN+0.20%TSM+1.02%SPCX-1.36%AVGO+2.97%META+0.35%TSLA-0.11%SKHY+2.46%MU+0.19%BRK-B+0.11%LLY+0.04%JPM+0.10%AMD+2.70%WMT-0.06%V-0.44%XOM+0.17%JNJ-0.09%ASMLa-0.44%INTC-0.18%MA-0.09%0700.HK-1.64%ABBV-0.02%1398.HK-0.27%CSCO-0.66%ORCL-1.98%CVX-0.97%BAC-0.77%COST+0.15%KO+0.22%DELL-3.46%CAT+1.30%LRCX+6.98%0005.HK+1.13%AMAT+6.51%HSBA.L-0.12%PG-0.79%AP2d-0.14%UNH+0.45%3988.HK0.00%GE+0.26%1816.HK-0.24%MS-0.46%HD-0.84%NFLX-4.67%0857.HK-0.73%0939.HK-0.93%ARM+4.04%GBPTRY+0.41%GBPHKD+0.32%GBPMXN-0.28%USDILS+0.16%USDCOP-0.04%GBPNZD0.00%GBPSGD0.00%GBPZAR0.00%EURSEK0.00%USDDKK0.00%GBPCHF0.00%GBPUSD0.00%GBPCAD0.00%USDPLN0.00%CHFNOK0.00%EURPLN0.00%PLNJPY0.00%NZDCAD0.00%NZDMXN0.00%EURCAD0.00%CHFJPY0.00%EURUSD0.00%EURJPY0.00%EURNZD0.00%GBPAUD0.00%EURNOK0.00%NZDCHF0.00%NZDSGD0.00%EURCZK0.00%NOKJPY0.00%AUDCAD0.00%CHFSGD0.00%SGDJPY0.00%AUDSGD0.00%NZDUSD0.00%GBPJPY0.00%EURGBP0.00%AUDNZD0.00%AUDJPY0.00%AUDUSD0.00%USDJPY0.00%USDCNH0.00%EURCHF0.00%USDMXN0.00%USDNOK0.00%USDTHB0.00%USDTRY0.00%USDSEK0.00%USDCAD0.00%USDCHF0.00%EURHKD0.00%EURAUD0.00%AUDNOK0.00%EURCNH0.00%EURZAR0.00%EURSGD0.00%AUDDKK0.00%CHFSEK0.00%AUDCHF0.00%USDSGD0.00%USDZAR0.00%NZDJPY0.00%CADCHF0.00%USDHKD0.00%EURDKK0.00%CADJPY0.00%GAGUSD0.00%XAGUSD0.00%HG10.00%S10.00%C10.00%XNGUSD0.00%USOIL0.00%W10.00%XAUUSD0.00%SUGAR0.00%COTTON0.00%COFFEE0.00%BTCUSD-1.19%ETHUSD-2.22%USDTUSD-0.01%XRPUSD-2.27%SOLUSD-2.74%TRXUSDT+0.55%ZECUSDT-2.20%DOGEUSD-3.35%XMRUSDT-3.95%LINKUSD-3.80%XLMUSD-3.45%UNIUSD+0.93%BCHUSDT-3.54%LTCUSD-2.50%HBARUSDT-0.57%TONUSD+24.06%SUIUSD-5.11%TAOUSDT-4.90%AAVEUSD-3.51%DOTUSDT-3.43%ICPUSDT-3.03%ONDOUSDT-2.90%ARBUSDT+3.34%WLDUSDT-1.25%JUPUSDT-4.04%ATOMUSDT-3.42%INJUSDT-1.93%STXUSDT+1.40%FETUSDT-5.40%TIAUSDT-1.00%PYTHUSDT-5.24%SEIUSDT-3.96%IMXUSDT-4.48%OPUSDT+0.77%GRTUSDT-1.76%IOTAUSDT-1.97%WIFUSDT-7.00%POLUSDT-0.17%AXSUSDT-3.15%FARTCOINUSDT+0.46%EOSUSDT+0.89%DYDXUSDT-4.99%ORDIUSDT-0.99%GALAUSDT-4.38%NOTUSDT-0.74%RONINUSDT-2.70%

TotalEnergies Suriname project stays on track

NEWS

September 19, 2026 at 19:18 UTC

2 min read
Offshore oil platform at sea illustrating Suriname project progress for energy sector investors

Key Points

  • 01GranMorgu offshore project in Suriname targets first output by mid-2028
  • 02TotalEnergies (TTEp), Staatsolie and APA Corp (APA) lead a roughly $12 billion development
  • 03Around half of the project’s planned investment has already been deployed
  • 04Key subsea equipment from Malaysia is set for near‑term installation

GranMorgu project timeline in Suriname

The GranMorgu offshore oil and gas project in Suriname is progressing toward a planned start of output by mid-2028. Project partners state that the development remains on schedule, with work advancing on the facilities and subsea architecture needed to support production. The timeline envisions current and upcoming installation activities feeding directly into readiness for first output within that target window.

The project is being developed in Surinamese waters as a major offshore hub. Its schedule is tied to a sequence of technical milestones, from subsea equipment deployment to commissioning of production systems. Maintaining progress on these steps is presented as key to keeping the mid-2028 start date on track.

Consortium partners and investment scale

GranMorgu is led by TotalEnergies (TTEp) in partnership with state-run Staatsolie and APA Corp (APA). The consortium is advancing the offshore development as a coordinated venture combining international oil and gas expertise with the participation of the Surinamese state company. This structure underpins both the financing and execution of the project’s major workstreams.

The development carries an estimated investment of about $12 billion. Project representatives report that approximately 50% of this planned investment has already been spent. This level of deployed capital reflects progress through early and mid-stage development phases, including engineering, procurement, and initial offshore work.

Current technical work and upcoming installations

Ongoing activities focus on building out facilities and subsea architecture required for offshore production. This includes preparing for the deployment of critical infrastructure that will connect subsea wells to processing systems. The work is framed as part of a structured sequence designed to support a smooth ramp-up to first output.

Near-term tasks include installing wellhead components, tubing hangers and other materials manufactured in Malaysia. These items form essential parts of the subsea system and are scheduled to be installed soon in the offshore field. Successful execution of these installations is positioned as an important step toward meeting the mid-2028 production target for the GranMorgu project.

Key Takeaways

  • 01GranMorgu’s development schedule and capital deployment align with a mid-2028 start of production, indicating steady execution of the project plan.
  • 02The partnership between TotalEnergies (TTEp), Staatsolie and APA Corp (APA) combines international and national capabilities on a large-scale Suriname offshore venture.
  • 03Subsea equipment installation, including Malaysian-manufactured components, is a key upcoming milestone that will help transition the project toward its production phase.