AGP Executive Report
Last update: 10 hours agoOffshore Oil: TotalEnergies’ Block 58 campaign is moving toward a December start, with Noble rigs contracted for 32 wells through 2029 under deals worth US$753 million. Separately, PETRONAS has awarded Valaris’ DS-18 a two-well exploration contract offshore Suriname, expected to begin this quarter. Mining Investment: Greenheart Gold’s CEO praised Suriname and Guyana for honouring mineral agreements, saying stable terms give investors greater confidence in the Guiana Shield. Trade and Industry: IDB data show Caribbean exports grew 19.1% in the first half of 2026, with growth concentrated in Guyana and Suriname and supported by energy and mining products. Trinidad-based Witco reported a 20% rise in nine-month profit, while exports to Suriname and Guyana helped offset pressure at home. Land and Agriculture: Suriname has expelled more than 60 Mennonite farmers over immigration and regulatory violations, amid continued scrutiny of rainforest clearing and agricultural land deals. Energy Policy: Surinamese energy expert Dave Abeleven told a Curaçao summit that renewable expansion needs clear laws, independent oversight and investment security, alongside grid and storage upgrades.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
