AGP Executive Report
Last update: 5 hours agoOffshore Oil & Gas: Petronas reports two new discoveries plus a successful appraisal in Suriname’s Block 52, bringing its total successful wells in the country to eight and recoverable resources to over 1 billion barrels of oil equivalent; Caiman-1 struck multiple oil-bearing sandstone intervals, SAC-1 delivered strong gas results, and Roystonea-2 confirmed the lateral extent of oil reservoirs—strengthening the case for multiple developments in the Suriname-Guyana deepwater corridor. Project Execution & Local Supply Chain: Tenaris has started operations at a new Paramaribo service center built to support TotalEnergies’ GranMorgu offshore project, offering casing/tubing supply and inspection services with logistics yard capacity and digital pipe tracking. Offshore Construction Kickoff: Saipem has begun GranMorgu operations after the Normand Navigator arrived in Paramaribo, setting up preliminary SURF installation work and using a major port logistics hub for incoming equipment. Cross-Border Infrastructure: Suriname has scrapped the joint Corentyne River bridge plan with Guyana, saying it will finance and manage the build itself and potentially use tolls—prompting Guyana President Irfaan Ali to say the move was “news to me.” Energy Transition Tech at PBM: Johan Adolf Pengel International Airport has rolled out CUPPS passenger processing technology, aiming to streamline airline interoperability and support future passenger growth.
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