TotalEnergies signed an agreement to acquire the 25% interest held by Moeve (formerly CEPSA) in Block 53 offshore Suriname, joining APA (45%, operator) and Petronas (30%).
Block 53 lies directly east of Block 58 where the GranMorgu development FID was taken in October 2024. The acquisition adds new resources to TotalEnergies' low-cost, low-emission GranMorgu project.