AGP Executive Report
Last update: 7 hours agoArmed Interior Security: Suriname arrested 14 Chinese nationals after viral videos showed armed men in military-style uniforms patrolling the rainforest near Brokopondo’s Sarakreek, raising alarms over security and illegal gold mining; Justice Minister Harish Monorath said investigations will determine their purpose and whether laws were broken, with weapons and ammunition seized. Deepwater Oil & Gas Contracts: Halliburton won long-term integrated drilling and completions work for TotalEnergies’ GranMorgu FPSO in Block 58 (about 150 km offshore), using a digital, automated execution model and investing in local capability—upgrading mud and cement production with local suppliers and supporting Suriname’s first completions and drilling workshop. Wind-Assisted Towing Innovation: SBM Offshore/Technip Energies JV and TotalEnergies EP Suriname signed with France’s Beyond the Sea to evaluate a kite traction towing system (SeaKite 2400) to tow the GranMorgu FPSO from China to Suriname, aiming to cut towing time and fuel use while validating large-vessel kite operations. Offshore Acreage Push: Staatsolie received another proposal in Suriname’s open-door offshore bid round, with submissions in shallow-water SHO East (plus earlier interest in Demerara and DW West), and a 90-day window for competing offers ending 5 October 2026. Regional Integration Focus: After CARICOM’s 51st Heads meeting, commentary emphasized that the region’s challenge is shifting from vision to measurable economic return—highlighting operational priorities like connectivity and governance reform. Gold Exploration Update: Founders Metals reported new gold results from its Antino project in southeastern Suriname, including 58.5 m grading 1.00 g/t Au at Antino Northeast, alongside continued growth at Antino North and Maria Geralda.
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