GlobeNewsWire
30 Jun 2026, 19:39 UTC · 3h ago
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Drilling activities for the GranMorgu project, Suriname's first major offshore development, are initiating this year. — The transition from exploration to active drilling signals the start of capital-intensive execution for a major new oil asset.
+0.50Tenaris has opened a 74,500 m² service center in Paramaribo to supply casing, tubing, and integrated services for the GranMorgu project. — This secures a critical infrastructure link for the project and guarantees a revenue stream for Tenaris through the supply of essential drilling materials.
+0.30TotalEnergies is operating the GranMorgu project in partnership with APA Corporation and Staatsolie Maatschappij Suriname N.V. — Confirms the strategic partnership and operational leadership of a supermajor in a new frontier market.
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The company has opened a new strategic service center in Suriname to support a major offshore project, expanding its operational footprint.
The company's GranMorgu project is progressing steadily and transitioning into the execution phase with new infrastructure support.
The company is a partner in the GranMorgu offshore project, which is reaching key execution milestones.
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