TotalEnergies, APA greenlight $10 billion oil and gas project in Suriname

PARAMARIBO (Reuters) – France’s TotalEnergies (EPA:TTEF) and U.S. APA Corp on Tuesday announced a positive investment decision for Suriname’s most promising oil and gas project, Block 58, which is expected to inaugurate the South American country’s offshore output.

The announcement was made at Suriname’s presidential palace in presence of President Chan Santokhi and TotalEnergies’ CEO Patrick Pouyanne.

This post is originally published on INVESTING.

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