AGP Executive Report
Last update: 7 hours agoOffshore Oil & Gas Build-Out: TechnipFMC says Suriname’s GranMorgu (Block 58) is staying on track, with delivery of critical subsea equipment and progress on FPSO connection components ahead of commissioning expected in 2028. Offshore Engineering & Logistics: Saipem has started Suriname operations for GranMorgu after the arrival of the Normand Navigator, securing a major logistics hub at Jules Sedney Harbour for receiving and staging pipes, equipment and containers for offshore SURF work. Maritime Safety Enforcement: The Maritime Authority Suriname (MAS) has issued a final deadline for MV Canawaima, ordering remaining deficiencies to be fixed with safety equipment and firefighting systems fully ready by 13 August, or face further action. Digital Infrastructure for Energy: TELESUR and Liberty Networks signed an MoU to expand resilient, next-generation connectivity for Suriname’s Oil & Gas sector, building on the long-running Suriname–Guyana submarine cable partnership. Mining & Exploration Update: Founders Metals reported high-grade growth at its Antino Gold Project in southeastern Suriname, including 28.0m of 14.27 g/t gold in drill hole FR249. Regional Shipping/Offshore Work: DOF secured firm contracts for two AHTS vessels in the CARICOM region, with work spanning the wider Caribbean and including Suriname and Guyana. Illegal Land Clearing Crackdown: Suriname created a task force to target illegal Amazon clearing for agriculture and cattle ranching, including areas linked to Mennonite settlements. Drug Trafficking Allegations: Venezuelan authorities reportedly flagged Suriname as an alleged transit point in a cocaine route to Europe via Guyana. Capital Markets: Miata Metals filed a final short form prospectus for a bought deal public offering of 24.39 million shares for about C$10 million.
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