French and US companies to invest $10 billion to extract oil off Suriname’s coast

PARAMARIBO, Suriname (AP) — France’s TotalEnergies and U.S. hydrocarbon company APA Corp. plan to invest $10 billion to extract oil off the coast of Suriname in a historic investment for the South American country, officials announced Tuesday. The first oil is expected by mid-2028, with an anticipated production of 220,000 barrels per day, according to […]
Read The Rest at :