AGP Executive Report
Last update: 6 hours agoOffshore Gas Update: Suriname’s President Jennifer Greelings-Simons says Petronas has made another gas discovery in offshore Block 52, with the block’s eight discoveries totaling over 1 billion barrels of oil equivalent—setting up “multiple oil and gas developments.” Offshore Oil Development: Saipem has started operations for the GranMorgu project after the Normand Navigator arrived at Jules Sedney Harbour to begin preliminary work; GranMorgu (Block 58) is operated by TotalEnergies (40%) with APA (40%) and Staatsolie (20%), targeting first production in 2028. Next Drilling Campaign: TotalEnergies’ exploration vice president says a multiwell drilling campaign is planned for next year (subject to rig availability), including four new exploration wells at Block 58 to expand Suriname’s targets. Regional Energy Cooperation: The Energy Chamber of Trinidad and Tobago and the Suriname Energy Chamber signed an MoU to strengthen private-sector participation and local content across the supply chain. Territorial Row at SEOGS: Guyanese business groups are calling for a boycott of future Suriname events after a map at SEOGS 2026 allegedly depicted Guyana’s New River Triangle as Surinamese territory. Mining & Metals: Founders Metals reports new gold results in southeastern Suriname, including 53.1m at 1.21 g/t Au from surface in a newly tested area west of Upper Antino.
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