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30 Jan 2026

Why Suriname’s Offshore Discoveries Matter for U.S. Energy Security

Why Suriname’s Offshore Discoveries Matter for U.S. Energy Security

Suriname’s offshore oil and gas discoveries are moving rapidly from frontier potential to strategic significance, attracting U.S. attention not only for their commercial value but for how they fit within broader Western Hemisphere energy security and diversification priorities. For policymakers, financiers and operators, Suriname represents both economic opportunity and strategic leverage - a pivotal frontier where decisions made today will shape regional energy supply chains and influence for decades.

At the center of this shift is TotalEnergies and APA Corporation’s GranMorgu development on Block 58. Recoverable reserves from the Sapakara and Krabdagu discoveries exceed 750 million barrels, with production expected to reach 220,000 barrels per day via FPSO by 2028. Total investment is approximately $10.5 billion, and the field is designed to accommodate future tie-backs that could extend production beyond the initial plateau. Malaysia’s Petronas has also declared its Sloanea gas discovery in Block 52 commercial and is moving toward FID in 2026, with first gas anticipated by 2030. Together, these projects place Suriname within an emerging Atlantic energy corridor adjacent to producing neighbors like Guyana and Trinidad and Tobago, amplifying its strategic importance.

For the U.S., this corridor is increasingly relevant to energy security objectives outlined in the 2025 National Security Strategy, which emphasizes resilient, diversified supply chains and reliable access to critical resources in the Western Hemisphere. Suriname’s offshore basin contributes directly to these goals, providing regional production capacity that strengthens energy resilience, reduces reliance on distant suppliers, and integrates emerging producers into networks supporting both commercial and geopolitical stability.

Timing is critical. Early engagement by U.S. institutional partners – including development finance institutions, commercial banks experienced in project finance, and relevant government agencies – allows influence over how resources are developed, how risk is managed, and how ESG standards are implemented. Engaging before FIDs ensures projects are commercially viable while aligned with long-term strategic priorities.

This is particularly important in emerging markets like Suriname, where domestic financial infrastructure alone cannot support large-scale project finance. Early coordination can structure risk-sharing mechanisms, attract broader capital participation and embed frameworks for responsible development. Offshore exploration spending in Suriname is projected to reach nearly $9.5 billion between 2025 and 2027, underscoring the scale and urgency of early engagement to ensure governance, financing and infrastructure are in place before production begins.

Caribbean Energy Week (CEW) 2026 provides the ideal forum for these conversations. As the first major energy forum hosted in Suriname, CEW invites U.S. policymakers, financiers, operators and regional counterparts to align investment strategies with institutional and financial frameworks. The event combines commercial engagement with discussions on transparent contracting, integrated finance and environmental stewardship, supporting responsible, strategic development of Suriname’s offshore resources.

Viewed through this lens, Suriname’s offshore discoveries are more than a new source of hydrocarbons. They represent a nexus of economic opportunity and strategic partnership, where early, coordinated engagement by U.S. institutions can shape outcomes that advance both regional energy security and broader geopolitical objectives. The choices made now will determine whether Suriname’s frontier resources become a stable, integrated contributor to Western Hemisphere supply and a model for responsible, resilient development in the Caribbean.

Join us in shaping the future of Caribbean energy. To participate in this landmark event, please contact sales@energycapitalpower.com.

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