Suriname, a country in South America, is starting a huge new oil and gas project called Gran Morgu! It's a really big deal because it's their first major offshore project and could make them a big player in oil and gas.
This project needs tons of money – about $12.2 billion in total! Staatsolie, Suriname's state-owned oil company, needs to get its share of the funding.
They're working hard to raise this money and plan to partner with big companies.
- Staatsolie needs $1.5 billion this year.
- They already paid $175 million.
- The project is expected to start producing oil in 2028.
- Staatsolie wants to double its size.
| Fact | Number |
|---|---|
| Total project cost | $12.2 billion |
| Staatsolie's share | $2.4 billion |
| Staatsolie's revenue goal (2029) | $1.77 billion |
