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Peterson signs Zandolie Shore-based Services Contract

Peterson signs Zandolie Shore-based Services Contract

Leading energy logistics company Peterson is delighted to announce the award of a contract with energy company DeNovo Energy Limited (DeNovo) for the Zandolie Development Project. The Zandolie Field, located in Block 1A, will be DeNovo’s second field development project, with the first gas expected in the first half of 2022.

The need for speed in the fiscal reform review

The need for speed in the fiscal reform review

The Energy Chamber of Trinidad & Tobago welcomes the Minister of Finance’s commitment that the government will conduct a comprehensive review of our oil and gas taxation regime to ensure that we remain an internationally competitive hydrocarbon province. The Energy Chamber would welcome the opportunity to work closely with the government in this review process, that is vital to ensure the continued investment in upstream oil and gas production.

National Energy and Methanex Collaborate on Methanol Fuel Feasibility Study

National Energy and Methanex Collaborate on Methanol Fuel Feasibility Study

The National Energy Corporation of Trinidad and Tobago Limited (National Energy) signed a Memorandum of Understanding (MOU) with Methanex Trinidad Limited (Methanex) to conduct a feasibility study to explore the viability of methanol as an alternative fuel for transport in Trinidad and Tobago and the region.

APA Corporation: Non-commercial quantities of hydrocarbons found at Keskesi South-1 offshore Suriname

APA Corporation: Non-commercial quantities of hydrocarbons found at Keskesi South-1 offshore Suriname

“The first appraisal well at Keskesi was a substantial step-out designed to assess the southern extent of the feature,” said Tracey K. Henderson, APA’s senior vice president, Exploration. “This location had the potential to confirm a very large resource in place if connected to the reservoir sands in the discovery well. However, suitable reservoir quality sands were not developed in the Campanian target at the Keskesi South-1 location. Data gathered from the well will be used to calibrate our geologic model and inform the next steps for Keskesi appraisal.”

bpTT achieves first gas from Matapal

bpTT achieves first gas from Matapal

bp Trinidad and Tobago LLC (bpTT) confirmed its Matapal project has safely achieved first gas. The major milestone was achieved ahead of schedule and under budget despite the constraints brought about by the COVID-19 pandemic.

Hess Announces Oil Discovery at Pinktail, Offshore Guyana

Hess Announces Oil Discovery at Pinktail, Offshore Guyana

Hess Corporation announced another oil discovery on the Stabroek Block offshore Guyana at Pinktail. The Pinktail well encountered 220 feet (67 meters) of net pay in high quality oil bearing sandstone reservoir. Pinktail is located approximately 21.7 miles (35 kilometers) southeast of the Liza Phase 1 development, which began production in December 2019, and 3.7 miles (6 kilometers) southeast of Yellowtail-1. Pinktail was drilled in 5,938 feet (1,810 meters) of water by the Noble Sam Croft.

bp EVP Dev Sanyal emphasizes commitment to T&T

bp EVP Dev Sanyal emphasizes commitment to T&T

Dev Sanyal, executive vice president Gas and Low Carbon Energy, bp - has emphasized bp’s commitment to the continued development of its Trinidad and Tobago business.

Sanyal had a virtual meeting with Minister of Energy and Energy Industries the Hon Stuart Young on Tuesday (Sept 7).

Transocean Ltd. Secures $252 Million Contract for Newbuild, Ultra-Deepwater Drillship

Transocean Ltd. Secures $252 Million Contract for Newbuild, Ultra-Deepwater Drillship

Transocean Ltd. (NYSE: RIG) announced that BOE Exploration & Production LLC (“BOE”) awarded Transocean a $252 million firm contract for its newbuild ultra-deepwater drillship, the Deepwater Atlas, including a mobilization fee of $30 million. Additionally, the contract provides for a significant performance bonus opportunity based upon agreed operating metrics.

NGC expands energy portfolio with additional 20% participating interest in Block 3(a)

NGC expands energy portfolio with additional 20% participating interest in Block 3(a)

Continuing its strategic focus to develop a world-class energy portfolio, The National Gas Company of Trinidad and Tobago Limited (NGC), through its wholly-owned subsidiary NGC Caribbean Investments Limited (NCIL), is pleased to announce the acquisition of Heritage Petroleum Company Limited’s Non-Operated Joint Venture (NOJV) participating interest in Block 3(a), off Trinidad’s east coast. As a result of this acquisition, NGC has increased its participating interest in the block from 11.41% to 31.54%. NGC will now have access to additional equity crude, which will bolster its marketing and trading portfolio. As announced in July 2020, NGC previously executed a Gas Sales Contract with BHP to purchase 100% of the gas produced from Block 3(a) to add to its existing portfolio of natural gas supply.

Meg O’Neill appointed as Woodside CEO

Meg O’Neill appointed as Woodside CEO

The Board of Woodside has appointed acting CEO Meg O’Neill as the company’s Chief Executive Officer and Managing Director.

Ms O’Neill succeeds Peter Coleman who retired from Woodside in June 2021. The appointment is effective immediately.

bp study confirms feasibility of large-scale production of green hydrogen and green ‎ammonia using renewable energy in Australia

bp study confirms feasibility of large-scale production of green hydrogen and green ‎ammonia using renewable energy in Australia

The study found that the production of green hydrogen and green ammonia using renewable ‎energy is technically feasible at scale in Australia. Its findings also support bp’s conviction that, with ‎its vast potential solar and wind resources, existing infrastructure and proximity to large, long-term ‎markets, Western Australia is an ideal place to develop large scale renewable energy assets that ‎can in turn produce green hydrogen and/or green ammonia for domestic and export markets.

CGX Energy and Frontera Energy spud Kawa-1 Exploration Well Offshore Guyana

CGX Energy and Frontera Energy spud Kawa-1 Exploration Well Offshore Guyana

Frontera Energy Corporation and CGX Energy announced the spudding of the Kawa-1 exploration well, offshore Guyana.

The Kawa-1 well is located in the northeast quadrant of the Corentyne block, approximately 200 kilometers offshore from Georgetown. The water depth is approximately 355 meters (1174 ft) and the expected total depth of the Kawa-1 well is 6,685 meters (21,932 ft).

12 sites identified in Trinidad and Tobago for GCCA+ Solar Photovoltaic (PV) installations

12 sites identified in Trinidad and Tobago for GCCA+ Solar Photovoltaic (PV) installations

Trinidad and Tobago’s transition to renewable energy was given a boost today with the announcement of the 12 finalist sites chosen to receive installations of small-scale roof-mounted Solar Photovoltaic (PV) solar panels, capable of supplying energy for power generation. The announcement was made by the Global Climate Change Alliance Plus (GCCA+) Project Team at the United Nations Development Programme (UNDP) in Trinidad and Tobago. These installations form part of a EUR 2.4 M project entitled ‘Support to the Implementation of Trinidad and Tobago’s Nationally Determined Contribution’, designed to assist the country on a low carbon path, and increase its climate resilience in keeping with its stated targets and committments under the 2015 Paris Agreement.