The Energy Chamber is very concerned about the allegations being made about fraud in the transfer and sale of oil from A&V Drilling to Petrotrin. The Energy Chamber urges a speedy conclusion to the internal investigations and that Petrotrin takes all appropriate measures based on the final findings of the investigation, including referring the report to the police once due process is followed.
Progressive countries across the world have already implemented legal and commercial frameworks for electricity generation from renewable energy (RE) sources. The most suitable RE sources for operation in Trinidad and Tobago appear to be Waste-to-Energy (WtE), Solar and Wind technologies. Within the next decade, as Wave-to-Energy technologies advance, this too, should be expected to form part of the domestic energy-generation toolkit.
The Noble Bob Douglas drillship, owned by offshore driller Noble Corp, has been hired to work for Exxon in Guyana. The contract is with ExxonMobil in Guyana and is for a three-year period. The estimated contract start date is Q1/Q2 2018 with the estimated contract end date being Q1/Q2 2021.