AGP Executive Report
Last update: 8 hours agoSuriname Oil & Gas Momentum: Petronas is expected to make a Final Investment Decision this year for offshore Block 52, after reporting eight discoveries totaling over 1 billion barrels of oil equivalent, with a fresh gas find also announced at SEOGS 2026—signals that Suriname’s shift from exploration to production could accelerate. Deepwater Project Execution: Saipem has started offshore works for TotalEnergies’ GranMorgu project, using the Normand Navigator and a SURF installation campaign aimed at first oil in mid-2028, while TotalEnergies also says it plans a new multi-well exploration push in 2027 (Block 58). Regional Energy Diplomacy: Canada and CARICOM renewed their strategic partnership with an action plan focused on competitive economies, climate action, and regional security, while Guyana and Jamaica moved to set up an energy working group alongside cooperation in security, tourism, agriculture and finance. Health Data for Policy: Suriname launched training for field workers for its first STEPS non-communicable disease risk survey since 2013, with nationwide data collection planned over three months. Business & Trade Friction: Guyanese private sector groups called for a boycott of Surinamese events after maps at SEOGS 2026 depicted the New River Triangle as Surinamese territory, escalating sovereignty tensions that could spill into cross-border business relations.
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