APA and TotalEnergies Announce Joint Venture Offshore Suriname
The GranMorgu project will be initiated in collaboration with TotalEnergies EP Suriname B.V. (the operator of Block 58), holding 50% stakes and APA Suriname 58 Corporation LDC, keeping the remaining 50%. Suriname’s national oil company, Staatsolie, may exercise its option to buy a 20% stake in the project provided it succeeds in raising the funds.