Sapakara is a conventional oil development located in ultra-deepwater in Suriname and is operated by Total E&P Suriname. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Sapakara was discovered in 2020, lies in block Block 58, with water depth of around 2,788 feet. Buy the profile here.
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The project is currently in feed stage and is expected to start commercial production in 2028. Final investment decision (FID) of the project will be approved in 2024. The development cost is expected to be $8,325 m. The Sapakara conventional oil development will includes FPSO.
Field participation details
The field is owned by APA and TotalEnergies.
Production from Sapakara
Production from the Sapakara conventional oil development project is expected to begin in 2028 and is forecast to peak in 2029, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2064.
Contractors involved in the Sapakara conventional oil field
Some of the key contractors involved in the Sapakara project as follows.
Other Contractors: SBM Offshore and Technip Energies
About Total E&P Suriname
Total E&P Suriname BV (Total E&P Suriname) is an energy service providing company that explores and produces crude oil and natural gas. Total E&P Suriname is headquartered in Hague, Netherlands.
For more details on the Sapakara Conventional Oil Field, buy the profile here.
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This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
