Offshore Suriname partners assessing oil production hub

Aug. 3, 2023
TotalEnergies and partner APA are focused on completing the Krabdagu appraisal program and scoping an oil hub project in Block 58 offshore Suriname.

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

Related

Courtesy APA Corp.'s "Fourth-Quarter & Full-Year 2022" presentation
APA Corp. announced the first exploration discovery at the Baja well in Block 53 (45% working interest) in August 2022. Block 53 is highlighted in brown.
Courtesy APA Corp.'s "Third-Quarter 2022" presentation
The orange highlighted area represents Block 53, where APA announced its first exploration discovery at the Baja well in third-quarter 2022.