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APA APA Corporation

29.25
0.07 (0.24%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
APA Corporation NASDAQ:APA NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.07 0.24% 29.25 29.10 29.26 29.79 28.92 29.27 9,600,753 01:00:00

TotalEnergies to Conduct Studies for Oil Project With Investment Value of $9 Billion in Suriname

13/09/2023 5:48pm

Dow Jones News


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By Giulia Petroni

 

TotalEnergies will carry out development studies for an oil project representing an investment of around $9 billion in Block 58 off the coast of Suriname.

The French oil-and-gas major said Wednesday that detailed engineering studies will start by year end. A final investment decision is expected by the end of 2024, with a first production target in 2028.

The company operates the block with a 50% interest, while U.S. oil producer APA holds the remaining 50%.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

September 13, 2023 12:33 ET (16:33 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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