Project · Deepwater FPSO · Suriname

GranMorgu (Block 58) FPSO development

Suriname's first large offshore oil development (US$12.2 bn): FPSO construction, ~190 km of subsea lines and an installation campaign running out of Paramaribo through 2027–2028.

Checked by hand against the sources below (2026-10-20).

  1. Engineering (done)
  2. Fabrication (now)
  3. Transport & installation (now)
  4. Hook-up (next)
  5. Commissioning
  6. Operation

Now Fabrication · Transport & installation (reported: FPSO construction (SBM: >50%-<75% complete at H1 2026; Fast4Ward hull launched out of second dry dock, topsides fabrication continuing)…)

Next Hook-up · not announced

Roles Construction & supervision · Commissioning & start-up · QA/QC & HSE · Role groups per phase: our planning assumption from the Crew Forecast model.

Later Operation mid 2028 (first oil target mid-2028, as reported)

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Their rate stays; our fee goes on top: 20% → 15% → 12%. Open book →

Who works on it as the sources name them

  • TotalEnergiesOperator / owneroperator; partners APA Corporation and Staatsolie (40/40/20 per Ocean Energy Resources, June 2026)
  • SBM OffshoreEngineering & designFPSO in a joint venture with Technip Energies: SBM supplies the Fast4Ward hull, Technip Energies the topsides engineering; operations and maintenance after…
  • Technip EnergiesEngineering & designtopsides of the FPSO: engineering and modularization, in a joint venture with SBM Offshore (awarded 14 November 2024)
  • TechnipFMCEPC / main contractorintegrated EPCI (iEPCI) for subsea systems — Subsea 2.0 trees, manifolds, connectors, topside controls, umbilicals, flexible jumpers and flexible risers
  • SaipemEPC / main contractorEPCI of the SURF package (~US$1.9 bn): ~100 km production flowlines, ~90 km injection lines, T&I of flexible risers, umbilicals and structures; offshore…
Kind
Deepwater FPSO
Country
Suriname
Size
220,000 b/d FPSO; ~190 km subsea lines; first oil mid-2028
Operator
TotalEnergies
Position
7.30°N 55.60°W, approximate

Sources

  1. Technip Energies awarded a major contract by TotalEnergies for the topsides of the GranMorgu FPSOTechnip Energies · published 2024-11-14 · read 2026-10-23
  2. SBM Offshore awarded contracts for the GranMorgu field developmentSBM Offshore (company newsroom) · published 2024-11-14 · read 2026-10-20
  3. TotalEnergies awards FPSO, subsea contracts for GranMorgu project offshore SurinameOffshore Magazine · published 2024-11-14 · read 2026-09-22
  4. Saipem starts operations GranMorgu project in SurinameOcean Energy Resources · published 2026-06-24 · read 2026-09-22
  5. SBM Offshore's Suriname-bound FPSO for TotalEnergies $12.2B oil project starts taking shapeOffshore Energy · published 2025-05-12 · read 2026-09-22
  6. SBM Offshore Half Year 2026 EarningsSBM Offshore (company newsroom / half-year report PDF) · published 2026-08-06 · read 2026-10-08
  7. TotalEnergies' offshore project in Suriname on track for first output in mid-2028Pipeline & Gas Journal · published 2026-09-20 · read 2026-10-08
  8. Staatsolie and the GranMorgu Project backed by broad (inter)national confidenceStaatsolie (company newsroom) · published 2025-05-14 · read 2026-10-08
  9. Suriname offshore oil and gas momentum builds as GranMorgu advancesWorld Oil · published 2026-08-13 · read 2026-10-08
  10. GranMorgu in Suriname: An Oil Project in Line with TotalEnergies’ Transition StrategyTotalEnergies · read 2026-10-20
  11. TotalEnergies CEO Visit Underscores Progress on GranMorgu ProjectStaatsolie · published 2026-09-21 · read 2026-10-20