TotalEnergies EP Suriname awarded SBM Offshore contracts for Suriname’s offshore GranMorgu field development project located in Block 58, SBM announced Nov. 14.

SBM will construct and install a floating production, storage and offloading (FPSO) vessel alongside its partner Technip Energies, the company said.

The all-electric drive FPSO will be Suriname’s first large deepwater project development 150 km offshore. It will have a production capacity of up to 220,000 boe/d and an associated gas treatment capacity of up to 500 MMcf/d. The FPSO will be spread moored in 400 m water depth and capable of storing approximately 2 MMbbl of crude.

SBM Offshore will also operate the unit under an operations and maintenance agreement.

The GranMorgu project is Block 58’s first development. First oil is expected in 2028.

TotalEnergies is the operator and holds a 50% ownership in the block. APA Corp. also holds interest in the block and Staatsolie intends to exercise its option to enter the project at up to 20% interest.