AGP Executive Report
Last update: 7 hours agoDeepwater Oil Services in Suriname: Halliburton has secured integrated drilling and completions contracts for TotalEnergies’ GranMorgu project in Block 58, using a digital, automated execution model with real-time data and remote operations control, while also backing local capability via upgrades to its liquid mud and cement plant, and support for Suriname’s first drilling and completions workshop. Suriname Offshore Bidding Momentum: Staatsolie’s open-door offering continues to draw interest, with the country receiving two new proposals for the Demerara sector and earlier bids for deepwater DW West and shallow-water SHO East, with competing submissions running for about 90 days before selection. CARICOM Maritime/Port Focus: A Virgin Islands delegation joined Suriname-hosted PMAC discussions on port electrification, maritime security, and infrastructure resilience, reflecting the region’s push to modernize logistics. Regional Energy Diplomacy: ExxonMobil says it is nearing completion of deep-water seismic work on Trinidad and Tobago’s TTUD-1, signaling the wider basin push for exploration-ready drilling targets. Guyana Block Payment Pressure (Regional Watch): Guyana’s minister set an end-of-July cut-off for Cybele Energy to pay a US$17m signing bonus for the S7 offshore block, after default interest raised the owed amount above US$20m.
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