AGP Executive Report
Last update: 4 hours agoOffshore Oil & Gas: Petronas Suriname E&P says it has made two new discoveries and an appraisal success in Block 52, with Caiman-1 confirming multiple oil-bearing Cretaceous sandstone intervals, SAC-1 intersecting gas-bearing reservoirs with strong deliverability, and Roystonea-2 extending the oil-bearing zone—bringing Block 52 to eight successful wells and over 1 billion boe recoverable resources. Deepwater Project Supply Chain: SBM Offshore has started a tender process to find a flotel services supplier for TotalEnergies’ GranMorgu FPSO hook-up and commissioning offshore Suriname, with responses due 7 July and requirements including continuous gangway connectivity and capacity for at least 245 people. Equities & Mining Finance: Sranan Gold granted 3.9 million stock options at $0.15 per share to officers, directors, advisors and consultants, fully vested on grant, as it continues exploration in Suriname. Fisheries Market Access: NOAA Fisheries has cleared Suriname’s drift gillnet fishery again for U.S. exports after updated comparability findings, following mitigation steps like shorter nets and mandatory pingers. Regional Politics With Business Impact: The Corentyne River bridge dispute between Suriname and Guyana escalated again, with Suriname saying it would finance the bridge and Guyana insisting it received no official notice and that the project remains joint. Energy Governance: Energy minister Dr Roodal Moonilal defended his absence from a CARICOM heads meeting, arguing ministers should travel only when their portfolios require it.
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