No Result
View All Result
  • Login
Thursday, August 6, 2026
theadvisertimes.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
theadvisertimes.com
No Result
View All Result
Home Business

Halliburton to deliver drilling services at Suriname’s GranMorgu field

by theadvisertimes.com
3 weeks ago
in Business
Reading Time: 3 mins read
A A
0
Halliburton to deliver drilling services at Suriname’s GranMorgu field
Share on FacebookShare on TwitterShare on LInkedIn


Halliburton has been awarded contracts to provide integrated drilling and completions services for the GranMorgu deepwater oil development located around 150km off Suriname’s coast.

The deal covers a long-term programme and will see Halliburton implement a digital and automation execution model designed to connect planning, engineering and operations.

For the GranMorgu project, Halliburton plans to use integrated digital workflows, real-time data and remote operations control.

These methods aim to improve well placement accuracy and delivery assurance, helping to connect surface activities with subsurface objectives.

According to the company, this approach is expected to help enhance recovery and reduce overall ownership costs for TotalEnergies.

GranMorgu is operated by TotalEnergies, which holds a 40% stake alongside partners APA (40%) and Staatsolie (20%).

The development covers Block 58, including the Sapakara and Krabdagu fields, where recoverable reserves are estimated at approximately 760 million barrels (mbbl).

Halliburton Caribbean vice-president Franco Delano said: “This award reflects the value of integrated execution, collaboration and digital technology in complex deepwater developments.

“The GranMorgu project demonstrates how aligned teams and advanced well construction capabilities support safe, efficient delivery and maximise asset value for our customers.”

The project involves major investments in local capability, with Halliburton collaborating with Surinamese suppliers to upgrade its liquid mud and cement facility.

Halliburton said the project integrates electrification, automation and digital workflows to increase efficiency, maintain consistent operations and support emissions-intensity reduction initiatives.

The GranMorgu development is expected to start production in 2028 using a floating production, storage and offloading unit (FPSO) with a capacity of 220,000 barrels per day.

The FPSO has been designed to allow for future tie-ins to extend production, drawing on design features from similar units used in Guyana.

In April 2026, Halliburton, Petronas Suriname Exploration & Production and Valaris entered into a strategic collaboration agreement to advance the development of offshore assets in Suriname. These assets are located in the Guyana-Suriname Basin.

“Halliburton to deliver drilling services at Suriname’s GranMorgu field” was originally created and published by Offshore Technology, a GlobalData owned brand.



Source link

Tags: deliverdrillingFieldGranMorguHalliburtonservicesSurinames
ShareTweetShare
Previous Post

269. “I want to retire, but my wife is too scared”

Next Post

Cathie Wood Buys The Dip In SpaceX Stock Amid AI Bubble Warning By Experts

Related Posts

The Key Battles for Senate Control Are Set

The Key Battles for Senate Control Are Set

by theadvisertimes.com
August 6, 2026
0

With yesterday’s victory in Michigan for Abdul El-Sayed, one of the last pieces has fallen into place in key midterm...

Tax Authority warns higher income Israelis are leaving

Tax Authority warns higher income Israelis are leaving

by theadvisertimes.com
August 6, 2026
0

Not only has the number of Israelis emigrating from Israel increased in recent years, but their economic profile has...

GIC subsidiary and promoter Sunu Mathew lead LEAP India’s pre-IPO placement round

GIC subsidiary and promoter Sunu Mathew lead LEAP India’s pre-IPO placement round

by theadvisertimes.com
August 6, 2026
0

KKR-backed supply chain solutions provider LEAP India Ltd. completed its Rs 371.3 crore pre-IPO placement on Thursday. In consultation with...

BBSI narrows 2026 outlook to 3%-4% gross billings growth as it targets 2.7%-2.75% gross margin (NASDAQ:BBSI)

BBSI narrows 2026 outlook to 3%-4% gross billings growth as it targets 2.7%-2.75% gross margin (NASDAQ:BBSI)

by theadvisertimes.com
August 6, 2026
0

Earnings Call Insights: Barrett Business Services, Inc. (BBSI) Q2 2026 Management View "We delivered another quarter of top line growth...

Global Market Today: Asian stocks drop as AI rally pauses, oil dips

Global Market Today: Asian stocks drop as AI rally pauses, oil dips

by theadvisertimes.com
August 5, 2026
0

Asian stocks slipped Thursday after a recent tech-led rally on Wall Street paused. Crude oil edged lower as Iran reached...

SpaceX created a new class of ultrawealthy. Here’s what comes next

SpaceX created a new class of ultrawealthy. Here’s what comes next

by theadvisertimes.com
August 5, 2026
0

At SpaceX’s market debut on June 12, the perfect trade already looked obvious. Shares priced at $135, valuing the company...

Next Post
Cathie Wood Buys The Dip In SpaceX Stock Amid AI Bubble Warning By Experts

Cathie Wood Buys The Dip In SpaceX Stock Amid AI Bubble Warning By Experts

2026 Housing Market Predictions: Seller Pain is Far From Over

2026 Housing Market Predictions: Seller Pain is Far From Over

  • Trending
  • Comments
  • Latest
SEC pushes private market access, but retail is already in

SEC pushes private market access, but retail is already in

July 16, 2026
How I Maximize My Sapphire Reserve Dining Credit

How I Maximize My Sapphire Reserve Dining Credit

July 10, 2026
The Weekly Notable Startup Funding Report: 6/22/26 – AlleyWatch

The Weekly Notable Startup Funding Report: 6/22/26 – AlleyWatch

June 21, 2026
The 10 Largest NYC Tech Startup Funding Rounds of June 2026 – AlleyWatch

The 10 Largest NYC Tech Startup Funding Rounds of June 2026 – AlleyWatch

July 6, 2026
The Weekly Notable Startup Funding Report: 7/20/26 – AlleyWatch

The Weekly Notable Startup Funding Report: 7/20/26 – AlleyWatch

July 20, 2026
The Hidden Cost of Chaos: Challenges with Spreadsheet-Based Channel Management in 2026

The Hidden Cost of Chaos: Challenges with Spreadsheet-Based Channel Management in 2026

May 6, 2026
6-Figure Trade Jobs. Surely Not? Nvidia CEO Says ‘The Skilled Craft Segment of Every Economy Is Going to See a Boom’

6-Figure Trade Jobs. Surely Not? Nvidia CEO Says ‘The Skilled Craft Segment of Every Economy Is Going to See a Boom’

0
Dell Technologies (DELL): Steht der Mega-Ausbruch kurz bevor?

Dell Technologies (DELL): Steht der Mega-Ausbruch kurz bevor?

0
Iran War: Iran Agreement With Oman Will Not “Open” Strait of Hormuz as Trump Hypes Non-Existent Talks; Ansar Allah Threatens Red Sea Escalation; Trump-Hegseth Row Over Weapons Shortages

Iran War: Iran Agreement With Oman Will Not “Open” Strait of Hormuz as Trump Hypes Non-Existent Talks; Ansar Allah Threatens Red Sea Escalation; Trump-Hegseth Row Over Weapons Shortages

0
This Citi Card’s Dining Perk Scored Me a Hard-to-Get Table

This Citi Card’s Dining Perk Scored Me a Hard-to-Get Table

0
The Key Battles for Senate Control Are Set

The Key Battles for Senate Control Are Set

0
Wall Street’s ‘fear gauge’ is doing something unusual as stocks hit record highs

Wall Street’s ‘fear gauge’ is doing something unusual as stocks hit record highs

0
Dell Technologies (DELL): Steht der Mega-Ausbruch kurz bevor?

Dell Technologies (DELL): Steht der Mega-Ausbruch kurz bevor?

August 6, 2026
6-Figure Trade Jobs. Surely Not? Nvidia CEO Says ‘The Skilled Craft Segment of Every Economy Is Going to See a Boom’

6-Figure Trade Jobs. Surely Not? Nvidia CEO Says ‘The Skilled Craft Segment of Every Economy Is Going to See a Boom’

August 6, 2026
Iran War: Iran Agreement With Oman Will Not “Open” Strait of Hormuz as Trump Hypes Non-Existent Talks; Ansar Allah Threatens Red Sea Escalation; Trump-Hegseth Row Over Weapons Shortages

Iran War: Iran Agreement With Oman Will Not “Open” Strait of Hormuz as Trump Hypes Non-Existent Talks; Ansar Allah Threatens Red Sea Escalation; Trump-Hegseth Row Over Weapons Shortages

August 6, 2026
The Key Battles for Senate Control Are Set

The Key Battles for Senate Control Are Set

August 6, 2026
Tax Authority warns higher income Israelis are leaving

Tax Authority warns higher income Israelis are leaving

August 6, 2026
Utah Judge Rejects Kalshi’s Federal Shield From Gambling Laws

Utah Judge Rejects Kalshi’s Federal Shield From Gambling Laws

August 6, 2026
theadvisertimes.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Dell Technologies (DELL): Steht der Mega-Ausbruch kurz bevor?
  • 6-Figure Trade Jobs. Surely Not? Nvidia CEO Says ‘The Skilled Craft Segment of Every Economy Is Going to See a Boom’
  • Iran War: Iran Agreement With Oman Will Not “Open” Strait of Hormuz as Trump Hypes Non-Existent Talks; Ansar Allah Threatens Red Sea Escalation; Trump-Hegseth Row Over Weapons Shortages
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • About Us
  • Contact Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.