Friday, January 17, 2025
Saipem wins contract for $10-billion Suriname oil project- oil and gas 360

Saipem wins contract for $10-billion Suriname oil project

(Oil Price) – Saipem has won a $1.9-billion contract from TotalEnergies for engineering, procurement, construction, and installation (EPCI) at the $10.5-billion GranMorgu oil project offshore Suriname, the Italian engineering group said on Thursday. Saipem will work on the engineering, procurement, supply, construction, installation, pre-commissioning, and assistance for the commissioning and start-up of the Subsea Umbilicals, Risers and Flowlines (SURF) package at the project,

Guyana, Suriname could emerge as key LNG exporters by 2030s- oil and gas 360

Guyana, Suriname could emerge as key LNG exporters by 2030s

(Oil Price) – Two of the world’s latest oil exploration hotspots, South American neighbors Guyana and Suriname, could become major LNG exporters early next decade if they develop the vast non-associated natural gas resources discovered in their offshore blocks. The resource is there, the costs could be competitive, and export destinations plentiful—from other countries in central and South America to Southeast

Suriname will not consider loan offers against $26 billion oil patch- oil and gas 360

Suriname will not consider loan offers against $26 billion oil patch

(World Oil) – Suriname, which is on the verge of becoming a major South American energy producer, is ruling out more borrowing against future oil production, according to its finance minister. TotalEnergies SE and APA Corp. earlier this month announced a $10.5 billion offshore project that will begin pumping crude as soon as 2028. Minister of Finance and Planning of