Offshore Suriname partners assessing oil production hub

TotalEnergies and partner APA are focused on completing the Krabdagu appraisal program and scoping an oil hub project in Block 58 offshore Suriname.
Aug. 3, 2023
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Courtesy APA Corp.'s Investor Update March 2023
In Block 53 (APA 45% WI), the first exploration discovery at the Baja well in was announced in August 2022.
In Block 53 (APA 45% WI), the first exploration discovery at the Baja well in was announced in August 2022.

Offshore staff

HOUSTON — TotalEnergies and partner APA are focused on completing the Krabdagu appraisal program and scoping an oil hub project in Block 58 offshore Suriname, APA reported in its latest results statement.

The planned development would take in Krabdagu and the Sapakara discovery.

APA has reduced its full-year upstream capital investment guidance for 2023 to $1.9 billion, reflecting deferred platform drilling activity in the UK central North Sea and other cost management efforts.

08.03.2023

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