TotalEnergies shares are trading higher premarket after announcing a mid-term LNG supply contract with Santos and a Final Investment Decision for the first oil development in Suriname’s Block 58. The company’s strategic moves in the energy sector are driving investor interest.
APA Corporation’s stock is on the rise after the company confirmed a Final Investment Decision (FID) for the first oil development in Block 58, offshore Suriname. This project, named GranMorgu, involves a total investment of $10.5 billion and is anticipated to yield first oil in 2028.
