SBM Offshore announced on June 19, 2025, that it has signed an operations and maintenance contract with TotalEnergies EP Suriname B.V. for the FPSO GranMorgu. This contract is part of the field development project located in Block 58 in Suriname.
The agreement covers the operation readiness phase before first oil, as well as operations and maintenance services for a minimum period of two years after first oil, with options for extension. This ensures long-term operational support for a key asset.
For investors, this contract signifies continued progress on the GranMorgu project, moving closer to production. It highlights TotalEnergies' commitment to reliable and efficient operations for its offshore developments, contributing to sustained production and revenue.
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