AGP Executive Report
Last update: 2 hours agoOffshore Oil Progress: Staatsolie says TotalEnergies and partners on the $12B GranMorgu project are on track for first output in mid-2028, with about 50% of planned investment already spent and Malaysia-made wellhead components and flow-control materials due to be installed soon for Block 58. Regional Energy Cooperation: Suriname and Venezuela signed a 2026–2027 hydrocarbon roadmap in Paramaribo, including exploration/production cooperation plus technical assistance and training as Suriname prepares for large-scale offshore production. Upstream Interest Beyond the Region: Indonesia’s Pertamina is exploring upstream equity stakes in Guyana and Suriname to diversify supply and strengthen energy security. Mining & Materials Link: Barbados is looking to Suriname’s N.V. Grassalco for silica sand and stone to ease local shortages affecting infrastructure delivery. Suriname’s Mining Pipeline: Founders Metals completed its move to 100% ownership of the Antino Gold Project in southeastern Suriname and closed a strategic investment by Gold Fields.
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