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 and Dutch company SBM
Offshore were also awarded a contract worth more than 1 billion
euros ($1.1 billion) to build a floating production storage and
offloading (FPSO) vessel on the project, they 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.
The FPSO will be fully electrified and use waste heat
recovery technology to reduce emissions, with all associated gas
to be re-injected in the reservoir, TechnipEnergies said.
The project will also be outfitted with real-time sensors to
detect potential methane leaks, TotalEnergies said.
($1 = 0.9494 euros)