financetom
Business
financetom
/
Business
/
TotalEnergies reserves hull for FPSO in Suriname from SBM Offshore
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
TotalEnergies reserves hull for FPSO in Suriname from SBM Offshore
Jun 6, 2024 8:35 AM

June 6 (Reuters) -

France's TotalEnergies has reserved a hull from

SBM Offshore for developing the most promising

offshore oil and gas project in Suriname, the Netherlands-based

company said on Thursday.

SBM Offshore, which provides facilities to the offshore

energy industry, is working in partnership with Technip Energies

and in line with the front-end engineering and design

studies for what will become Suriname's first floating

production, storage and offloading vessel (FPSO).

A consortium by TotalEnergies and APA Corp ( APA ) said

earlier this week on the sidelines of Suriname's Energy, Oil &

Gas Summit that a final investment decision on Block 58 would be

made in the last quarter, with output expected to begin in 2028.

The firms also said that a hull for a floating facility

with capacity to handle 200,000 barrels per day of oil had been

secured.

Development of Block 58 is expected to begin with the

Sapakara and Krabdagu fields, which have combined reserves of

more than 700 million barrels of oil.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
GSK Q2 Core Earnings, Revenue Rise; Updates 2025 Guidance
GSK Q2 Core Earnings, Revenue Rise; Updates 2025 Guidance
Jul 30, 2025
05:01 AM EDT, 07/30/2025 (MT Newswires) -- GSK (GSK) reported Q2 core earnings Wednesday of 46.5 pence ($0.62) per diluted share, up from 43.4 pence a year earlier. Analysts polled by FactSet expected $0.59. Revenue for the quarter ended June 30 was 7.99 billion pounds, up from 7.88 billion pounds a year earlier. Analysts surveyed by FactSet expected 10.37 billion...
Madrigal and CSPC Pharmaceutical sign up to $2 billion licensing deal
Madrigal and CSPC Pharmaceutical sign up to $2 billion licensing deal
Jul 30, 2025
July 30 (Reuters) - Madrigal Pharmaceuticals ( MDGL ) said on Wednesday it has entered a global license agreement for up to $2 billion with CSPC Pharmaceutical ( CHJTF ) to develop an oral GLP-1 drug for a type of liver disease. ...
Check Point Software's Q2 revenue rises 6%, beats expectations
Check Point Software's Q2 revenue rises 6%, beats expectations
Jul 30, 2025
Overview * Check Point Q2 revenue rises 6% yr/yr, beating analyst expectations, per LSEG data * Adjusted EPS for Q2 increases 9%, exceeding analyst estimates, per LSEG data * Co repurchased about 1.5 mln shares for $325 mln during the second quarter of 2025 Outlook * Company sees strong indicators for Q3 2025 * Check Point anticipates healthy pipeline for...
Copyright 2023-2026 - www.financetom.com All Rights Reserved