AGP Executive Report
Last update: 5 hours agoOffshore Oil & Gas Discoveries: Petronas Suriname reported two new hydrocarbon discoveries plus a successful appraisal in Block 52, bringing its total successful finds in Suriname to eight and recoverable resources to over 1 billion barrels of oil equivalent. Energy Project Build-Out: Tenaris has started operations at a new Paramaribo service center to support TotalEnergies’ GranMorgu offshore project, supplying casing and tubing with logistics, inspection lines, and order-tracking tools. Offshore Logistics & Engineering: Saipem began GranMorgu operations after the Normand Navigator arrived in Paramaribo, with a major port logistics hub set to receive and stage pipes and subsea equipment for the SURF installation campaign. Exploration Push: TotalEnergies says it expects a new multi-well drilling campaign in Suriname next year, targeting four exploration wells in Block 58 alongside the GranMorgu development. Infrastructure Rift: Suriname has scrapped the joint Corentyne River bridge venture with Guyana and says it will finance and manage the bridge alone, resetting timelines and likely requiring a new tender process. Aviation Modernization: Johan Adolf Pengel International Airport (PBM) rolled out CUPPS passenger processing technology to improve interoperability with airline departure systems.
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