PARIS/MILAN, Nov 14 (Reuters) - French oil major
TotalEnergies has awarded engineering contracts worth
at least $3 billion as part of its fast-track development of
Suriname's first offshore project.
Italian energy contractor Saipem said on Thursday
it had signed a $1.9 billion deal with a subsidiary of
TotalEnergies in Suriname for the subsea development of the
GranMorgu field.
French firm TechnipEnergies was also awarded a
contract worth more than 1 billion euros ($1.1 billion) to build
a floating production storage and offloading vessel on the
project, it said in a separate statement.
Last month, TotalEnergies and U.S. exploration firm APA
took a final investment decision on the $10.5 billion
development, the tiny South American country's first.
GranMorgu is estimated to hold more than 700 million barrels
of recoverable resources, with first oil expected in 2028.
($1 = 0.9494 euros)