Suriname

Key Facts

—The Contract. Halliburton won a multi-year integrated drilling and completions contract for the GranMorgu deepwater development, operated by TotalEnergies.

—Project Scale. GranMorgu is a US$10.5 billion project targeting approximately 750 million barrels of recoverable oil, with first oil expected in 2028.

—Economic Impact. The project is projected to generate US$26 billion in royalties, taxes, and dividends for Suriname over its lifetime, potentially tripling the national GDP.