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GranMorgu reported on track for first oil in mid-2028

Two years after FID, Suriname's first offshore development is in the build-out phase.

By Suriname Partners Research · 4 Oct 2026 · Fact-checked 4 Oct 2026

How to read this page:FactDirect from sourceAnalysisOur interpretation
Fact

Industry reporting in September 2026 described the TotalEnergies-operated GranMorgu project on Block 58 as on track for first output in mid-2028.[1]

Fact

At FID on 1 October 2024, TotalEnergies announced a 220,000 barrels-per-day FPSO development of the Sapakara and Krabdagu fields, with investment estimated at around US$10.5 billion and first oil expected in 2028.[2]

Fact

SBM Offshore has been reported as building the FPSO with Technip Energies; some 2026 reports cite a higher total project cost than the FID estimate.[3]

Analysis

The period before first oil — development drilling, subsea installation and FPSO hook-up — is when local logistics, marine and support-service demand typically peaks.

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Sources

  1. TotalEnergies' offshore project in Suriname on track for first output in mid-2028Pipeline & Gas Journal · Published 2026-09 · Retrieved 2026-10-04
  2. Suriname: TotalEnergies announces Final Investment Decision for the GranMorgu development on Block 58TotalEnergies · Published 2024-10-01 · Retrieved 2026-10-04
  3. SBM Offshore's Suriname-bound FPSO for TotalEnergies $12.2B oil project starts taking shapeOffshore Energy · Retrieved 2026-10-04

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