AGP Executive Report
Last update: 10 hours agoOffshore Oil: Suriname’s drilling campaign is moving closer, with TotalEnergies’ two Noble rigs contracted for 32 wells in Block 58 from December, under agreements worth $753 million. Valaris also won a two-well PETRONAS exploration contract offshore Suriname, as its merger with Transocean nears completion. Land and Agriculture: More than 60 Mennonite farmers have been expelled over residency and work-permit violations, amid ongoing concerns about rainforest clearing and proposed agricultural land deals. Trade and Business: Witco’s nine-month profit rose 20%, with exports to Guyana and Suriname helping offset pressure at home. Regional exports grew 19.5% in the first half of 2026, with Caribbean growth led by Guyana and Suriname’s energy and mining sales. Digital Productivity: At Suriname’s AI Summit, Economic Affairs Minister Andrew Baasaron urged wider access to AI tools for small businesses to lift productivity and develop local technology.
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