Halliburton awarded integrated drilling services contract for Suriname's GranMorgu field

Offshore Technology··Read original
3▲3 ▼0Impact / 5
Summary · why it matters

Halliburton has been awarded contracts to provide integrated drilling and completions services for the GranMorgu deepwater oil development offshore Suriname. The long-term program will use a digital and automation execution model with integrated workflows, real-time data, and remote operations control to improve well placement accuracy and reduce costs for operator TotalEnergies. GranMorgu, covering Block 58 with estimated recoverable reserves of approximately 760 million barrels, is operated by TotalEnergies with a 40% stake alongside partners APA at 40% and Staatsolie at 20%. Production is expected to start in 2028 using a floating production, storage and offloading unit with a capacity of 220,000 barrels per day. Halliburton will also upgrade its liquid mud and cement facility in collaboration with Surinamese suppliers.

Impact on assets 3

Energy▲
Halliburton Company
HAL
▲ PositiveDemandrelevance

Halliburton awarded integrated drilling services contract for the GranMorgu field, directly increasing its revenue.

TotalEnergies SE
TTE
▲ PositiveDemandrelevance

TotalEnergies is the operator of the GranMorgu field, which is progressing with a contract award, supporting its development.

APA Corporation
APA
▲ PositiveDemandrelevance

APA is a 40% partner in the GranMorgu field, which will require drilling services, benefiting from the development.

Off-coverage companies 1

Staatsoliei
Private▲ PositiveDemandrelevance

Staatsolie holds a 20% stake in the GranMorgu field, benefiting from the development progress.