Abu Dhabi National Oil Company (ADNOC) signed an agreement with Proman, one of the world’s leading producers of methanol, to develop the United Arab Emirates’ (UAE) first world-scale methanol production facility at the TA’ZIZ Industrial Chemicals Zone in Ruwais, Abu Dhabi. Under the terms of the agreement, Abu Dhabi Chemicals Derivatives Company RSC Ltd. (“TA'ZIZ”) and Proman will construct a natural gas to methanol facility with an anticipated annual capacity of up to 1.8 million tons per annum. The facility will meet growing domestic and international demand for this clean and versatile chemical commodity which is gaining momentum as a lower-emission fuel alongside existing uses spanning industrial products. The project is subject to relevant regulatory approvals.
The Energy Chamber of Trinidad & Tobago expresses its deepest condolences to the families, friends and colleagues of Fyzal Kurban, Rishi Nagassar, Yusuf Henry and Kazim Ali Jr., who tragically lost their lives while conducting work at the Paria Fuel Trading Company Berth no. 6, Pointe-a-Pierre on behalf of LMCS Ltd.
State-owned National Gas Company (NGC) is leveraging Trinidad and Tobago’s strengths in the natural gas sector to support Ghana’s natural gas pipeline distribution infrastructure, as part of the company’s efforts to diversify and internationalise their operations. And they are working with local private-sector companies to execute this work and diversify exports.
The global trade in liquefied natural gas (LNG) increased 6% to 380 million tonnes during 2021 as many countries rebounded from the economic impact of the COVID19 pandemic, according to Shell’s latest annual LNG Outlook.
The National Gas Company of Trinidad and Tobago Limited (NGC) and Proman have entered a new partnership to lift methanol from the Methanol Holdings (Trinidad) Limited (MHTL) Complex in Point Lisas Industrial Estate for NGC’s methanol trading portfolio.
Barbados is to host the largest clean hybrid power plant in the Caribbean, producing baseload power for 16,000 Barbadians from solar and locally produced green hydrogen
Hess Corporation announced startup of production from the Liza Phase 2 development on the Stabroek Block offshore Guyana, utilizing the Liza Unity floating production, storage and offloading (FPSO) vessel. The Liza Unity is expected to reach its production capacity of 220,000 gross barrels of oil per day later this year as operations are safely brought online.
Trinidad & Tobago’s Ministers of Energy and Planning have both reiterated the Government’s full commitment to the biggest solar electricity project in the Caribbean, dubbed Project Lara, despite delays in completing the final agreements with the project shareholders. Speaking at the Caribbean Sustainable Energy Conference, hosted by the Energy Chamber of Trinidad and Tobago, the Hon. Stuart Young, Minister of Energy, promised that the agreements would be “finalised, settled, signed and executed” by the end of February 2022 and the project would be up and running by 2023.
The Honourable Stuart R. Young, M.P., Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister is pleased to announce the execution by the Government, and Atlantic LNG Shareholders, companies affiliated with BP, Shell Trinidad and Tobago Limited (Shell) and The National Gas Company of Trinidad and Tobago Limited (NGC) of a Heads of Agreement for the restructuring of Atlantic LNG.
His Excellency Dr Mohamed Irfaan Ali, President of Guyana delivers a keynote address at the Caribbean Sustainable Energy Conference 2022.
NGC has signed a Heads of Agreement (HOA) with Shell to start the pre-Front End Engineering Design (pre- FEED) phase for the processing of Manatee gas via NGC's Beachfield Facility. The HOA sets the frame for technical and commercial work to enable further progress through this phase of Manatee project.
The Fangtooth-1 well encountered approximately 164 feet (50 meters) of high-quality oil-bearing sandstone reservoirs. The well was drilled in 6,030 feet (1,838 meters) of water and is located approximately 11 miles (18 kilometers) northwest of the Liza field. The Lau Lau-1 well encountered approximately 315 feet (96 meters) of high-quality hydrocarbon-bearing sandstone reservoirs. The well was drilled in 4,793 feet (1,461 meters) of water and is located approximately 42 miles (68 kilometers) southeast of the Liza field.
The National Gas Company of Trinidad and Tobago Limited (NGC) continues to move forward with its green initiatives through expansion of its energy portfolio and is creating value for the Company and Trinidad and Tobago, marking a major development in its growth and investment strategy.
KBR announced that it has been awarded a study to help establish a green hydrogen market in Trinidad and Tobago as part of an ongoing technical cooperation financed by the Inter-American Development Bank (IDB).
On Thursday 18th November 2021, Mr. Roger Ferguson, Chief Executive Officer, Trinidad Generation Unlimited (TGU), signed the Safe to Work (STOW) Charter. In doing so he committed the company to utilize the STOW certification system to assess contractors’ health, safety and environmental (HSE) management systems.