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Oil and gas in Suriname: GranMorgu

GranMorgu is Suriname's first offshore oil development. The investment is about USD 10.5 billion; first oil is expected in 2028.

Investment
USD 10.5 bn
Capacity
220,000
barrels per day
First oil
2028
Local content
USD 1+ bn
6,000+ jobs

Key facts

AreaBlock 58, about 150 km offshore
FieldsSapakara South, Krabdagu
Recoverable reservesmore than 750 million barrels
Final investment decision1 October 2024
PartnersTotalEnergies (operator) 40%, APA Corporation 40%, Staatsolie 20%
Progress end of 2025about 28%
Production unitAll-electric FPSO, no routine flaring

Opportunities for local companies

In 2025 Staatsolie spent USD 107 million with local suppliers and the offshore partners about another USD 260 million. A total of 731 new suppliers registered in the portal.

How to become an oil and gas supplier →

Open Staatsolie tenders

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More background: oil blocks · timeline on Explore Suriname

Sources

Checked on 17 October 2026.