Total Energies EP Suriname B.V. will host a stakeholder meeting on August 28, from 9:00 AM to 11:00 AM, at the Royal Ballroom Torarica in Paramaribo, a notice outlined.
The meeting will be conducted in Dutch, with English slides, and will provide an opportunity to discuss the Environmental and Social Impact Assessment (ESIA) for the development of Block 58.
TotalEnergies is preparing to develop oil reserves in Block 58, located roughly 115 kilometres from the Suriname coast.
In compliance with the National Institute for Environment and Development in Suriname (NIMOS), the company completed an ESIA conducted by UK-based consultancy RSK, in collaboration with ILACO Suriname N.V. TotalEnergies said a draft report of the study’s findings is now available for public review online.
The development was tapped after the successful appraisal of the Sapakara South and Krabdagu discoveries confirming close to 700 million barrels of recoverable resources between the two fields.
The FPSO, being constructed by Dutch shipbuilder SBM Offshore, will be designed to store two million barrels of oil and produce 200,000 barrels a day.
TotalEnergies said it is committed to developing the project responsibly using the best technologies to minimize greenhouse gas emissions. In particular, the facilities will be designed for zero routine flaring, with all associated gas reinjected into the reservoirs.
Initial oil production is planned for 2028. A final investment decision is expected soon.