AGP Executive Report
Last update: 11 hours agoCorentyne Bridge Diplomatic Clash: Suriname says it told Guyana by May 15 that it would fund the Corentyne River Bridge alone, while Guyana’s President Irfaan Ali insists he received no formal correspondence and calls the project a joint venture. Energy Sector Momentum: Petronas reported two new hydrocarbon discoveries plus an appraisal in offshore Block 52, lifting cumulative Suriname successes to eight and recoverable resources above 1 billion barrels of oil equivalent. Offshore Supply Chain Build-out: Tenaris has started operations at a new Paramaribo service center to support TotalEnergies’ GranMorgu offshore project, including casing and tubing services and logistics for offshore installation. GranMorgu Logistics Gets Moving: Saipem began preliminary offshore work for GranMorgu after a vessel arrived at Jules Sedney Harbor, with a major port logistics hub set to handle incoming pipes and equipment. Regional Procurement Focus: CIPS wrapped up a Caribbean event series in Suriname, Guyana and Trinidad and Tobago aimed at strengthening procurement leadership and supply chain resilience. Climate Risk Watch: CariCOF warns El Niño strengthening and warming seas could intensify heat, prolong drought in parts of the region, and raise flood risks from heavy rainfall.
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