Stena Drilling wins Suriname contract with TotalEnergies

Stena Drilling wins Suriname contract from TotalEnergies

PARAMARIBO, January 29, 2025 – Stena Drilling has won a contract from TotalEnergies for the drilling of a well in Suriname, the Aberdeen-headquartered company announced on Wednesday.

The Stena Drillmax will be deployed to Suriname in Q2 of this year under a 1x well programme. The contract includes the possibility of extension to an additional three wells in Suriname.

“Stena Drilling is delighted to secure this work with TotalEnergies and looks forward to working with TotalEnergies to complete a safe, effective and efficient campaign,” the company said.

TotalEnergies operates one of Suriname’s star assets, Block 58, with a 50% interest. APA Corporation holds the remaining 50%.

In October, TotalEnergies unveiled a USD 10.5-billion FID on the GranMorgu project in Block 58, which will develop the Sapakara and Krabdagu oil discoveries, with first oil expected in 2028.

In November, the company awarded Saipem a USD 1.9-billion EPCI contract for the project’s subsea development.

TotalEnergies is targeting production of 200,000 bopd from Block 58, a game-changing volume more than 10 times Suriname’s current output.

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