Suriname President confirms FID targeted for 2022, first oil by 2025

President of Suriname, Chandrikapersad Santokhi confirmed on Tuesday that Total and partner Apache will move forward with their final investment decision at Block 58 next year and move towards first oil by 2025. This will make the offshore development the second fastest ramp up in production in the Guyana-Suriname basin since ExxonMobil’s Liza Phase 1.