AGP Executive Report

Suriname Offshore Oil: TotalEnergies’ GranMorgu push in Block 58 is moving the country toward commercial production, with Halliburton contracted for drilling, completions and digital workflows; first oil is targeted for 2028 and the FPSO plan points to 220,000 bpd capacity, while Petronas’ Block 52 Sloanea-2 gas discovery adds to earlier finds. Regional Health & Mining Communities: Suriname hosted a Guiana Shield malaria elimination meeting with Brazil, French Guiana and Guyana, with renewed focus on hard-hit mining and Indigenous populations and support from PAHO. Telecom for Oil & Gas: TELESUR and Liberty Networks signed an MoU to expand resilient, next-gen connectivity for Suriname’s oil and gas sector, building on the long-running Suriname–Guyana submarine cable partnership. Maritime Compliance: The Maritime Authority Suriname gave Canawaima Management Company a final chance to fix safety and repair shortcomings on the MV Canawaima, with deadlines for equipment readiness and firefighting systems. Agriculture Trade Pressure: Brazil faces a tougher EU stance on pesticide residues, raising the risk of higher costs and tighter market access for exporters. Food & Health Research: A study in a multiethnic cohort links higher non-sugar-sweetened beverage intake with increased type 2 diabetes risk, including in Surinamese-origin participants.

Suriname Offshore Oil: Investor confidence is rising as TotalEnergies’ GranMorgu project in the Guyana-Suriname Basin moves toward commercial production, with TechnipFMC reporting delivery and installation of key subsea and FPSO connection components; GranMorgu targets first oil in 2028 and is set to develop the Sapakara and Krabdagu fields (about 760 million barrels recoverable). Maritime Safety & Compliance: The Maritime Authority Suriname has issued Canawaima a final chance to fix outstanding MV Canawaima deficiencies after a re-inspection found most issues still unresolved, demanding a repair timetable and full readiness of legally required safety and firefighting systems by 13 August. Digital Infrastructure for Oil & Gas: TELESUR and Liberty Networks signed an MoU to expand connectivity for Suriname’s oil and gas sector, aiming for more resilient, high-capacity international links as offshore activity accelerates. Public Health (Guiana Shield): Suriname hosted a subregional malaria elimination meeting with PAHO and partners, renewing cross-border action—especially targeting transmission risks in mining communities and Indigenous populations. Food & Agriculture Trade: Export data highlights how beef and lamb reach a wide spread of destinations, including Suriname among the smaller market list.

Suriname Offshore Oil: Investor confidence is building around Suriname’s GranMorgu project as TotalEnergies advances toward commercial production, with major drilling and subsea execution steps and a target first oil in 2028 for the Sapakara and Krabdagu fields. Maritime Safety & Compliance: The Maritime Authority Suriname has issued Canawaima Management Company a final chance to fix unresolved safety shortcomings on the MV Canawaima, with strict deadlines for firefighting readiness, detection systems, and required certificates. Regional Health Cooperation: Suriname joined Brazil, French Guiana, and Guyana in a Guiana Shield meeting focused on accelerating malaria elimination, highlighting priority actions for mining communities and Indigenous populations. Digital Infrastructure for Oil & Gas: TELESUR and Liberty Networks signed an MoU to expand resilient international connectivity for Suriname’s oil and gas sector, building on the long-running Suriname–Guyana submarine cable partnership. Fisheries Capacity: CRFM convened a workshop in Georgetown to strengthen groundfish stock assessment using length-based data, with participation from Guyana, Suriname, and Trinidad and Tobago. Agriculture Chemicals Watch: Barbados authorities are reviewing whether to ban or tighten paraquat controls, reflecting wider global pressure to phase out the toxic weedkiller.

Suriname Offshore Oil: TotalEnergies’ GranMorgu project is moving closer to first oil, with TechnipFMC reporting delivery of critical subsea equipment and installation of FPSO connection components for the deepwater development off Suriname (targeting commissioning in 2028). Maritime Safety: The Maritime Authority Suriname has issued Canawaima Management Company a final chance to fix outstanding safety and inspection shortcomings on the MV Canawaima, after a re-inspection found most issues still unresolved, with safety requirements due by 13 August. Digital Connectivity for Oil & Gas: TELESUR and Liberty Networks signed an MoU to expand connectivity and resilience for Suriname’s oil & gas sector, building on the long-running Suriname–Guyana submarine cable partnership. Regional Public Health for Industry Communities: PAHO and CARPHA convened a Guiana Shield malaria elimination meeting in Paramaribo, highlighting priority actions for transmission challenges affecting mining communities and Indigenous populations. Fisheries Capacity Building: CRFM ran a workshop in Georgetown to strengthen data-limited groundfish stock assessment skills, with participation from Guyana, Suriname and Trinidad & Tobago. Agriculture Input Controls: Barbados authorities are reviewing whether to ban or tighten paraquat (Gramoxone), as more countries move to phase out the toxic weedkiller.

Offshore Oil & Gas Momentum: Suriname’s offshore sector is edging closer to commercial production, with TotalEnergies’ GranMorgu project in Block 58 advancing via major drilling and subsea equipment work; the FPSO-linked development targets first oil in 2028 and is tied to recoverable reserves estimated at about 760 million barrels across Sapakara and Krabdagu. Subsea Engineering & Execution: TechnipFMC says critical subsea hardware for GranMorgu has been delivered and key FPSO connection components installed, while the project also explores wind-assisted kite traction towing for future efficiency. Digital Infrastructure for Oil & Gas: TELESUR and Liberty Networks signed an MoU to expand connectivity and resilience for Suriname’s Oil & Gas sector, building on the long-running Suriname–Guyana submarine cable partnership. Maritime Safety Watch: The Maritime Authority Suriname issued Canawaima a final chance to fix outstanding MV Canawaima deficiencies, setting safety equipment readiness and firefighting system requirements by Aug. 13. Public Health for Industry Communities: Health leaders from the Guiana Shield countries, including Suriname, renewed efforts to accelerate malaria elimination, with focus on transmission challenges in mining communities and Indigenous populations.

Suriname Offshore Oil: Investor confidence is rising as Suriname’s GranMorgu project moves toward commercial production, with TotalEnergies awarding Halliburton a drilling-services and digital workflows contract and TechnipFMC delivering critical subsea equipment for the FPSO-linked development targeting first oil in 2028. Maritime Safety & Compliance: The Maritime Authority Suriname (MAS) has issued Canawaima Management Company a final chance to fix major safety shortcomings on the MV Canawaima, after a re-inspection found most issues still unresolved, with safety equipment and firefighting systems required to be ready by Aug. 13. Regional Health Cooperation: Suriname and PAHO opened a Guiana Shield subregional meeting on malaria elimination in Paramaribo, bringing together Brazil, French Guiana, Guyana and host Suriname to strengthen cross-border action, building on Suriname’s 2025 malaria-free certification. Telecom for Oil & Gas: TELESUR and Liberty Networks signed an MoU to expand resilient international connectivity for Suriname’s Oil & Gas sector, leveraging the long-running Suriname–Guyana submarine cable partnership. Agribusiness & Environment: Suriname has created a task force to crack down on illegal rainforest clearing for agriculture and cattle ranching, including areas tied to Mennonite settlement plans.

Suriname Offshore Oil: Suriname’s GranMorgu project is moving toward commercial production, with TechnipFMC reporting delivery of critical subsea equipment and installation of FPSO connection components for TotalEnergies’ deepwater development (targeting first oil in 2028). Telecom for Oil & Gas: TELESUR and Liberty Networks signed an MoU to expand connectivity and resilience for Suriname’s Oil & Gas sector, building on the Suriname–Guyana submarine cable system partnership. Maritime Safety: The Maritime Authority Suriname (MAS) issued Canawaima a final chance to fix outstanding vessel deficiencies after a re-inspection found most issues still unresolved, with safety equipment and firefighting systems required by Aug. 13. Public Health & Industry Communities: PAHO and CARPHA convened a Guiana Shield malaria elimination meeting in Paramaribo, highlighting cross-border action that matters for mining and remote border communities. Agribusiness & Environment: Suriname created a task force to crack down on illegal rainforest clearing tied to agribusiness expansion, including settlements linked to Mennonite farming communities. Regional Fisheries Capacity: CRFM ran a workshop in Georgetown with Suriname participation to improve groundfish stock assessment using data-limited methods for better management.

Offshore Oil Momentum (Suriname): TechnipFMC says TotalEnergies’ GranMorgu project in Block 58 is staying on track, with delivery of critical subsea equipment and FPSO connection components moving the deepwater development toward commissioning in 2028. Telecom for Oil & Gas (Suriname): Liberty Networks and TELESUR signed an MOU to expand resilient, next-gen connectivity for Suriname’s Oil & Gas sector, building on the long-running Suriname–Guyana submarine cable partnership. Maritime Safety (Suriname): The Maritime Authority Suriname issued Canawaima a final chance to fix outstanding MV Canawaima deficiencies, demanding a clear repair timetable and safety equipment readiness by Aug. 13. Regional Health (Guiana Shield): PAHO and CARPHA opened a subregional malaria elimination meeting in Paramaribo, highlighting Suriname’s 2025 malaria-free certification and cross-border focus on mobile and mining communities. Fiscal Transparency Watch (Caribbean): The US State Department flagged Belize, the Dominican Republic, Haiti and Suriname among governments failing minimum fiscal transparency standards, raising pressure on budget disclosure and audit independence. Mining & Drilling Activity (Broader): Borr Drilling lined up new jack-up rig work across Vietnam, Malaysia, Côte d’Ivoire and the Netherlands, signaling continued demand for offshore services.

Offshore Oil & Gas: Suriname’s GranMorgu project in Block 58 is moving closer to first oil, with TechnipFMC reporting delivery of “critical” subsea equipment and progress on FPSO connection components for TotalEnergies’ deepwater development. Telecoms & Connectivity: TELESUR and Liberty Networks signed an MoU to expand connectivity for Suriname’s Oil & Gas sector, aiming for more international capacity, resilience, and next-gen digital infrastructure. Maritime Safety: The Maritime Authority Suriname issued Canawaima Management Company a final chance to fix outstanding MV Canawaima deficiencies, with safety equipment and firefighting systems required to be fully ready by 13 August. Public Health: PAHO, CARPHA and Suriname opened a Guiana Shield meeting focused on malaria elimination, highlighting cross-border action for mobile populations and mining communities. Mining & Industry: Brazil is using forensic “gold fingerprinting” to trace illegal gold mining origins in the Amazon, targeting mercury-linked environmental damage. Agriculture & Land Use: Suriname is tightening enforcement against illegal Amazon clearing for agriculture and cattle ranching, including areas linked to Mennonite settlements. Regional Security: Venezuelan authorities allege Suriname is used as a cocaine transit point to Europe via Guyana.

Offshore Oil & Gas: Suriname’s GranMorgu project in Block 58 is moving closer to commercial production, with TotalEnergies awarding Halliburton a major drilling and completion contract and targeting first oil in 2028; TechnipFMC also reports delivery of critical subsea equipment and FPSO connection components, while Petronas’ Sloanea-2 gas discovery in Block 52 adds to earlier finds and supports investor confidence in the Guyana-Suriname Basin. Maritime Safety & Compliance: The Maritime Authority Suriname (MAS) has issued Canawaima Management Company a final chance to fix outstanding MV Canawaima deficiencies after a re-inspection found most issues still unresolved, demanding a repair timetable, safety equipment readiness by 13 August, and fully operational fire detection and firefighting systems. Digital Infrastructure for Energy: TELESUR and Liberty Networks signed an MoU to expand connectivity for Suriname’s Oil & Gas sector, aiming for more resilient, next-generation international capacity built on the long-running Suriname–Guyana submarine cable partnership. Mining & Exploration: Founders Metals reports high-grade gold results from its Antino Gold Project in southeastern Suriname, including 28.0m at 14.27 g/t Au in drill hole FR249, pointing to growth potential beyond the previously known high-grade core. Health & Regulation: PAHO, CARPHA and USP hosted a regional webinar to strengthen medicines quality assurance and laboratory testing capacity across Caribbean countries, including Suriname.

Offshore Oil & Gas Delivery: TechnipFMC says the GranMorgu project offshore Suriname is staying on track, with “critical” subsea equipment delivered and key FPSO connection components installed—supporting the next phase toward a 2028 commissioning. Telecom for Energy: TELESUR and Liberty Networks signed an MOU to expand resilient, next-gen connectivity for Suriname’s Oil & Gas sector, building on the long-running Suriname–Guyana submarine cable partnership. Maritime Safety Pressure: The Maritime Authority Suriname issued Canawaima Management Company a final chance to fix outstanding MV Canawaima deficiencies, with safety equipment and firefighting systems required to be fully ready by 13 August. Mining Project Progress: Toubani Resources appointed new senior leaders (including a CFO) to strengthen management as it advances the Kobada Gold Project toward production. Gold Exploration Update: Founders Metals reported high-grade growth at its Antino Gold Project in southeastern Suriname, including 28.0m of 14.27 g/t gold in a down-dip extension at Upper Antino. Security & Compliance Watch: Suriname is named as an alleged transit point in a cocaine route to Europe, according to Venezuelan authorities. Agribusiness vs Forest Protection: Suriname created a task force to crack down on illegal Amazon clearing for agriculture and cattle ranching, including areas linked to Mennonite settlements.

Offshore Oil & Gas Build-Out (Suriname): TechnipFMC says GranMorgu (Block 58) offshore Suriname is staying on track, with delivery of “critical” subsea equipment and installation of key FPSO connection components as TotalEnergies pushes toward 2028 commissioning. Offshore Engineering & Logistics (Suriname): Saipem has begun operations for GranMorgu after the arrival of the Normand Navigator, and it’s setting up a major logistics hub at Jules Sedney Harbour to stage pipes and equipment for the SURF package. Maritime Safety Enforcement (Suriname): The Maritime Authority Suriname issued Canawaima a final chance to fix outstanding vessel deficiencies after a re-inspection found most issues still unresolved; safety equipment and firefighting systems must be ready by 13 August. Mining & Exploration (Suriname): Founders Metals reported high-grade growth at its Antino Gold Project in southeastern Suriname, including 28.0m of 14.27 g/t gold in drill hole FR249. Telecom for Oil & Gas (Suriname): TELESUR and Liberty Networks signed an MOU to expand resilient international connectivity for Suriname’s Oil & Gas sector, building on the Suriname–Guyana submarine cable partnership. Land, Agriculture & Enforcement (Suriname): Suriname created a task force to crack down on illegal Amazon clearing for agriculture and cattle ranching, including areas linked to Mennonite settlements. Regional Trade & Security (Suriname): Venezuelan authorities allege Suriname is used as a cocaine transit point to Europe via Guyana, highlighting pressure on northern South American trafficking corridors.

Offshore Oil & Gas Build-Out: TechnipFMC says Suriname’s GranMorgu (Block 58) is staying on track, with delivery of critical subsea equipment and progress on FPSO connection components ahead of commissioning expected in 2028. Offshore Engineering & Logistics: Saipem has started Suriname operations for GranMorgu after the arrival of the Normand Navigator, securing a major logistics hub at Jules Sedney Harbour for receiving and staging pipes, equipment and containers for offshore SURF work. Maritime Safety Enforcement: The Maritime Authority Suriname (MAS) has issued a final deadline for MV Canawaima, ordering remaining deficiencies to be fixed with safety equipment and firefighting systems fully ready by 13 August, or face further action. Digital Infrastructure for Energy: TELESUR and Liberty Networks signed an MoU to expand resilient, next-generation connectivity for Suriname’s Oil & Gas sector, building on the long-running Suriname–Guyana submarine cable partnership. Mining & Exploration Update: Founders Metals reported high-grade growth at its Antino Gold Project in southeastern Suriname, including 28.0m of 14.27 g/t gold in drill hole FR249. Regional Shipping/Offshore Work: DOF secured firm contracts for two AHTS vessels in the CARICOM region, with work spanning the wider Caribbean and including Suriname and Guyana. Illegal Land Clearing Crackdown: Suriname created a task force to target illegal Amazon clearing for agriculture and cattle ranching, including areas linked to Mennonite settlements. Drug Trafficking Allegations: Venezuelan authorities reportedly flagged Suriname as an alleged transit point in a cocaine route to Europe via Guyana. Capital Markets: Miata Metals filed a final short form prospectus for a bought deal public offering of 24.39 million shares for about C$10 million.

Maritime Safety Clampdown: Suriname’s Maritime Authority (MAS) has issued MV Canawaima a final chance to fix outstanding vessel shortcomings after a re-inspection found most deficiencies still unresolved, ordering a plan of action with a timetable and major repairs plus safety equipment readiness by 13 August. Offshore Oil Execution: TechnipFMC says Suriname’s GranMorgu offshore project (Block 58) is staying on track, reporting delivery of critical subsea equipment and progress on FPSO connection components ahead of commissioning expected in 2028. Regional Offshore Support Work: DOF has secured firm contracts for two AHTS vessels in the CARICOM region (including Suriname and Guyana) for anchor handling and supply work, with ROV services included, valued at $15m–$25m. Mining & Supply Chain Pressure: Brazil is using “gold fingerprinting” forensic science to trace illegal gold’s origin and crack down on Amazon mining—an enforcement push that directly targets the regional laundering routes that can involve Suriname. Drug Route Claims: Venezuelan authorities allege cocaine is being moved from Venezuela via Guyana and Suriname toward Europe, following arrests tied to a dismantled network. Maritime Decarbonization Planning: An IDB-commissioned study on Caribbean ports’ readiness for shore-side power and green fuel bunkering flags Suriname among countries with no operational port-led services yet, pointing to medium-term infrastructure and investment needs. Local Metals Update: Founders Metals reports high-grade growth at its Antino Gold Project in southeastern Suriname, including 28.0m of 14.27 g/t gold in drill hole FR249.

Offshore Oil & Engineering: TechnipFMC says Suriname’s GranMorgu project offshore Block 58 is staying on track, with delivery of “critical” subsea equipment and installation of FPSO connection components as TotalEnergies targets commissioning in 2028. Maritime & Logistics: DOF Group has secured firm contracts for two AHTS vessels plus ROV services across the CARICOM region, including Guyana and Suriname—deals valued at about $15m–$25m. Energy Transition Readiness: An IDB-commissioned study ranks Caribbean ports’ readiness for shore-side power and green fuel bunkering, noting no port among Bahamas, Barbados, Belize, Guyana, Jamaica, Suriname and Trinidad & Tobago offers full services yet, with the Bahamas most advanced on policy and bunkering. Mining & Illicit Trade: Brazil is using “gold fingerprinting” forensic labs to trace illegal gold origins, while separate reporting says criminal networks increasingly route gold via Venezuela, Guyana and Suriname to launder it before re-export. Security & Trade Risks: Venezuelan authorities reportedly flagged Suriname as an alleged cocaine transit point to Europe via Guyana and onward corridors. Local Enforcement: Suriname has started toughening action against illegal Amazon clearing tied to land developers and Mennonite-linked settlements, including court notices for some. Exploration Update: Founders Metals reports high-grade growth at its Antino Gold Project in southeast Suriname, including 28.0m at 14.27 g/t Au from drill hole FR249.

Offshore Oil Build-Out: TechnipFMC says it has delivered “critical” subsea equipment for TotalEnergies’ GranMorgu project in Suriname’s Block 58, including FPSO connection components, as the deepwater development (about 150 km offshore) targets commissioning in 2028. Offshore Engineering Mobilisation: Saipem has started operations in Suriname for the GranMorgu SURF package after the arrival of the Normand Navigator, with a logistics hub secured at Jules Sedney Harbour to receive and store pipes and equipment ahead of offshore installation. Mining & Security Pressure: Brazil is using forensic “gold fingerprinting” to trace the origin of seized gold and crack down on illegal Amazon mining, while separate reporting says traffickers have increasingly routed illicit gold through Venezuela, Guyana and Suriname. Drug Trafficking Route Claims: Venezuelan authorities allege Suriname is used as a transit point for cocaine shipments to Europe via Guyana, highlighting cross-border trafficking corridors. Regional Logistics Push: Curaçao is positioning itself as a logistics hub for Suriname and Guyana’s expanding offshore oil industry, including port, ship repair, bunkering and offshore support services. Local Industry Update: Founders Metals reports high-grade growth at its Upper Antino gold system in southeastern Suriname, including 28.0 m of 14.27 g/t Au in drill hole FR249. Maritime Safety Watch: The MV Barima ferry capsized off Guyana’s Essequibo coast, with salvaging complicated by the wreck being embedded in soft mud; separate reporting also claims the planned salvage firm’s owner was arrested in Italy.