Suriname: TotalEnergies acquires 25% interest in Block 53, baja-1 discovery

Moscow, June 27 - Neftegaz.RU. TotalEnergies has signed an agreement to acquire the 25% interest held by Moeve (formerly known as CEPSA) in Block 53, offshore Suriname, joining APA (45%, operator) and Petronas (30%) as partner in this license.

Block 53 lies directly east of Block 58, where TotalEnergies (40%, operator) and its partners announced the Final Investment Decision for the GranMorgu development in October 2024.
Block 53 contains the Baja-1 discovery, drilled near the border of Block 58.

Javier Rielo, Senior Vice President Americas, Exploration & Production at TotalEnergies said:

• this acquisition brings new resources to the development of our low-cost and low-emission GranMorgu project;
• it also proves how TotalEnergies will leverage GranMorgu infrastructure to develop profitably additional resources and extend its production plateau, strengthening the position of the Company in the offshore of Suriname.