AGP Executive Report
Last update: 8 hours agoOffshore Energy: Valaris added an estimated US$220 million to its contract backlog, including a two-well exploration campaign for PETRONAS Suriname Exploration & Production. The VALARIS DS-18 is expected to start work in the fourth quarter and operate for up to seven months. Rice Trade: Suriname rejected a 384.8-tonne shipment from Guyana after the importer failed to secure advance approval. Authorities ordered the cleared cargo returned, and Agriculture Minister Mike Noersalim said the importer would face action. Gold Exploration: Founders Metals reported 54 metres grading 8.45 grams of gold per tonne at its Antino project in southeastern Suriname, including a higher-grade 24-metre section. Economic Outlook: The World Bank says Suriname’s offshore investment is helping set it apart from the region’s slower-growing, tourism-dependent economies. Poultry: Suriname’s first reported highly pathogenic bird flu outbreak has prompted tighter surveillance and import checks in the region, highlighting risks to poultry production and trade.
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