SBM Offshore Production Unit Will Be Key to Exploration in Block 58 and Aims for First Oil in 2028
The construction of the FPSO GranMorgu, which will operate in the first major offshore project in Suriname, has already reached 27% completion, according to the state-owned Staatsolie. With an investment of US$ 10.5 billion, the project seeks to replicate the offshore success of neighboring Guyana and plans to start production in 2028.
Construction Progress Reinforces Strategic Role of FPSO in Block 58
The floating production, storage, and offloading unit (FPSO) GranMorgu, developed by SBM Offshore, represents one of the main milestones in Suriname’s oil and gas industry. With 27% progress already achieved in the construction phase, the platform will be installed in Block 58, which hosts the Sapakara and Krabdagu fields, estimated to contain around 750 million recoverable barrels of oil.
According to Staatsolie, Suriname’s state energy company, the FPSO is based on the Fast4Ward MPF C hull, whose manufacturing was completed by China Merchants Heavy Industry and delivered in February 2025. The topside modules are being constructed by companies like BOMESC Offshore Engineering and STS VOF, with support from COSCO Shipping Heavy Industries, in infrastructure located in Asia.
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FPSO GranMorgu Aims for Production of 220,000 Barrels/Day Starting in 2028
The processing capacity of the FPSO GranMorgu is designed to be 220,000 barrels per day, distributed across approximately 30 subsea wells. The project is led by TotalEnergies, which shares the operation with APA Corporation — both holding a 50% stake. Staatsolie, on its part, has already expressed interest in acquiring up to 20% of the venture.
According to expert Vitor Padua, the FPSO GranMorgu will be equipped to process 220,000 barrels of oil per day, establishing itself as the foundation of the productive infrastructure for the offshore project in Suriname.
Embedded Technology Reinforces Environmental and Operational Commitment
The FPSO will feature state-of-the-art solutions aimed at reducing greenhouse gas emissions. Highlights include the fully electric system, the complete reinjection of gas associated with the reservoirs, elimination of routine flaring, and permanent methane sensors. The unit will also incorporate heat recovery technology and cooling optimized by seawater — practices aligned with TotalEnergies’ sustainability commitments.
FPSO Boosts Job Creation and Suriname’s Economy
Beyond the technical and energy dimension, the GranMorgu project also assumes a significant socioeconomic role. The estimate is that more than 6,000 direct and indirect jobs will be created throughout the implementation. The projection of first oil in 2028 positions Suriname as a new hub of interest in offshore exploration in South America, attracting attention from global industry players.
According to a report by OilNow, which closely monitors the progress of projects in the region, Suriname sees GranMorgu as a historic opportunity to transform its economic matrix, diversifying revenues and consolidating its presence in energy geopolitics.

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