AGP Executive Report

Last update: 6 hours ago

Offshore Oil Build-Up: Italian contractor Saipem has started offshore operations for Suriname’s GranMorgu project after the Normand Navigator arrived and moored at Jules Sedney Harbour in Paramaribo; the Block 58 development is Suriname’s first large-scale offshore oil push, operated by TotalEnergies (40%) with APA (40%) and Staatsolie (20%), targeting first production in 2028 and using S-Lay/J-Lay vessels plus a 30,000–40,000m² logistics hub for subsea equipment. New Gas Signal for Block 52: President Jennifer Simons says Petronas has made another gas discovery in offshore Block 52, bringing eight discoveries to more than 1 billion barrels of oil equivalent; Petronas is expected to make a final investment decision later this year on commercially viable gas, with Suriname’s first offshore production still on track for 2028 under a TotalEnergies-led consortium. Energy Cost Pressure: A regional look at the Caribbean’s energy dependence highlights how diesel prices have surged since the Iran war, with diesel acting as a key stress gauge for freight, agriculture, manufacturing and construction. Regional Energy Diplomacy: Prime Minister Andrew Holness is set to visit Suriname for the Suriname Energy, Oil & Gas Summit (June 23–26) and then Guyana, while Curaçao is pitching cooperation with Suriname on offshore regulation, maritime safety and environmental protection. Mining & Metals in Suriname: Founders Metals reports a new gold discovery west of Upper Antino in southeastern Suriname, adding fresh drilling targets as exploration continues.

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.

AGP Wire

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Jun. 17, 2026

Partners deliver relief packages, meals and hygiene kits to Aceh Tamiang

AGP


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Energy Crisis – Why Is The Caribbean Still Importing Energy?

Energy Crisis – Why Is The Caribbean Still Importing Energy?

T&T, Suriname energy chambers sign MoU

T&T, Suriname energy chambers sign MoU

Saipem begins offshore works for GranMorgu project in Suriname

Saipem begins offshore works for GranMorgu project in Suriname

Petronas finds new gas in Suriname offshore block. Discoveries equivalent to 1 billion barrels

Petronas finds new gas in Suriname offshore block. Discoveries equivalent to 1 billion barrels


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Jun. 23, 2026

Miata Intersects 63 m at 1.44 g/t Au Extending Gold Mineralization at Depth at Sela Creek, Suriname

GlobeNewswire, Inc.

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May 29, 2026

Everlert, Inc. (OTC: EVLI), Appoints Dr. Criss Capps as Vice President of Mining, Exploration and Geology

GlobeNewswire, Inc.

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May 28, 2026

Miata Expands District-Scale Gold System at Sela Creek, Suriname, Including 11 m at 3.35 g/t Au within 25.1 m at 1.71 g/t Au at Jons Trend

GlobeNewswire, Inc.

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May 26, 2026

Guyana Confirmed to Host Caribbean Energy Week 2027 as Regional Energy Integration Gains Momentum

EIN Presswire

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May 12, 2026

Miata Metals Signs MOU with the Okanisi People in Suriname and Provides Project and Corporate Updates

GlobeNewswire, Inc.

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Apr. 28, 2026

Global Instability Accelerates Push for Domestic Energy Security

GlobeNewswire, Inc.

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