The Shareholders' Newsletter #78 Fall 2025

Our business

At the heart of our businesses

© iStock - Anton Gots

Paramaribo, Suriname

A word with…

Photo of Ms Jeannine Beerensteyn

Jeannine Beerensteyn Social Performance Lead, HSSE

© TotalEnergies

Objective:

Drive sustainable impact by actively contributing to the social and economic development of the regions where TotalEnergies operates - creating lasting value for all our stakeholders.

Missions:

  • Prior to and after the Final Investment Decision for Block 58, information and consultation engagement meetings with stakeholders in Paramaribo and all the coastal districts, including the indigenous communities of Galibi and Kalebaskreek
  • Quarterly Stakeholder Engagements as part of a Stakeholder Engagement Strategy and Action Plan to:
    • > Brief stakeholders on project activities, listen and respond to their input
    • > Foster dialogue and share knowledge
  • Develop factsheets incorporating insights from stakeholders’ consultations sessions and Q&As discussed
  • Manage our contribution to sustainable development by contributing to the well-being of people through:
    • > Improvement of mother and child healthcare at 2 main hospitals in Paramaribo
    • > Corporate Social Responsibility (CSR) obligation as part of the Production Sharing Contract* requirements
    • > Long-term Social Investment Plan with initiatives in favor of education, road safety and health
  • Establishment of grievance mechanism with dedicated phone number and email address

4 main groups of Key Stakeholders:

Authorities, Civil society, Businesses and Communities

TotalEnergies in Suriname

TotalEnergies is developing the GranMorgu project on Block 58, located approximately 150 km off the coast. This project aims to tap into the Sapakara and Krabdagu oil fields, with estimated reserves exceeding 750 million barrels. The Company has announced a $10.5 billion investment, the largest ever made in the country. Production is scheduled to begin in 2028, with a capacity of 220,000 barrels per day. A significant portion of the generated revenue will go to the Surinamese government. The project is expected to generate over 6,000 jobs, including 2,000 direct and 4,000 indirect positions.

Read the Sustainability & Climate 2025 Progress Report. Having a Positive Impact for Stakeholders