Proman has welcomed the UK Government’s commitment to push for a world-leading absolute zero target for international shipping emissions by 2050.
Heritage Petroleum Company Limited (Heritage) commemorates the successful drilling of the Royston-1 exploration well and is encouraged by the substantial hydrocarbon potential of the well and the prospectivity of the Herrera Sands. Heritage holds 20% working interest in the Ortoire Block joint venture, which is operated by Touchstone Exploration Inc (Touchstone).
Touchstone Exploration reported that the company has completed drilling the Royston-1 exploration well and is has announced that the well encountered substantial hydrocarbon accumulations based on drilling and wireline log data.
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.
bp today announced the appointment of Anja-Isabel Dotzenrath as its new executive vice president, gas and low carbon energy, and member of bp’s leadership team. Until recently she was chief executive officer of RWE Renewables, one of the world’s leading renewables businesses. Anja-Isabel will join bp on March 1st 2022.
The deadline for the Tax Amnesty granted under the Finance Act 2021, has been extended from 17 September 2021 to 01 October 2021.
Over the past few weeks, the Trinidad and Tobago media have reported on ‘mismanagement’ of NGC. While we at NGC support public education and information, it is unfortunate that the focus should be on the specific outcomes that did not deliver expected returns, rather than highlighting the positive investments that have positioned NGC for growth and success in an evolving energy landscape. These include stability of the sector at a time of significant decline, reduction in liabilities and exposure in the future, getting value across the entire energy value chain, and preparing for a green future. Each of those decisions was approached with the same rigour, with the same analysis of risk and return, and in compliance with established policies and procedures.
The NGC Group of Companies has marked yet another significant milestone in its Green Agenda. The National Gas Company of Trinidad and Tobago Limited (NGC), NGC CNG Company of Trinidad and Tobago Limited (NGC CNG) and National Energy Corporation of Trinidad and Tobago (National Energy) (The NGC Group), signed a Memorandum of Understanding (MOU) with The Trinidad and Tobago Solid Waste Management Company Limited (SWMCOL) on Monday 13th September 2021. The MOU will explore opportunities to capture and commercialise landfill gas for use such as the provision of carbon-negative, renewable compressed natural gas.
The agreement signals the Group’s commitment to driving sustainability through strategic partnerships that will leverage opportunities of innovation in carbon capture. NGC has long recognised the need for transformative-thinking and looking beyond its traditional business model and current energy mix to create real impact within the clean energy space. It is well-positioned to take a leading role as the energy landscape transitions to a low-carbon energy future, locally and internationally.
Through this newly formed partnership with SWMCOL, The NGC Group will seek to identify and quantify methane emissions from existing landfills and determine ways to monetise this under-valued source of bio-fuel and green energy. Additionally, the captured methane emissions can potentially be used to fuel SWMCOL’s fleet of vehicles and other official government fleets.
The MOU is one in a suite of Green Agenda projects and partnerships that NGC and its subsidiaries are executing. These include green hydrogen; solar PV project; monitoring of methane emissions through satellite, drone and infra-red technology; carbon sequestration studies in partnership with The UWI; climate change mitigation opportunities in partnership with UTT; membership in the Oil and Gas Methane Partnership (OGMP); an energy efficiency mobile application, Energy SmarTT; and most recently, the launch of a green energy information hub, the CariGreen Website.
At the signing, NGC Group Chairman Conrad Enill remarked: ‘Through this partnership with SWMCOL, The NGC Group is not only poised to make a difference as the nation embarks on its energy transition journey, but to also create new commercial revenue streams for Trinidad and Tobago. NGC will continue to strengthen its Green Agenda thrust by seeking out new and forward-thinking opportunities to support the nation’s sustainability development goals and actions toward climate change.’
The MOU signing event can be viewed using the link https://youtu.be/A8hVvR_T07M
EOI: MINISTRY OF FOREIGN AFFAIRS, INTERNATIONAL BUSINESS AND INTERNATIONAL COOPERATION
The development of Shore Base Facilities in Suriname to serve the emerging Offshore Oil & Gas Industry in the Suriname Basin.
Woodside has joined five parties to establish the HyStation company, which aims to construct and operate hydrogen refuelling stations to service public transport bus fleets in South Korea.
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.
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).
TotalEnergies and its partners have taken the investment decision for the fourth phase of the Mero project (Libra block), located deep offshore, 180 kilometers off the coast of Rio de Janeiro, in the prolific pre-salt area of the Santos Basin.
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.
Exxon Request for Information: Quayside and Laydown Area
BHP announced a partnership with Caterpillar Inc. to develop and deploy zero-emissions mining trucks at BHP sites to reduce operational greenhouse gas (GHG) emissions.
Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister, the Honourable Stuart R. Young M.P. met with the High Commissioner for Canada, His Excellency Kumar Gupta to discuss bilateral arrangements between both countries and energy related matters.
Yara announced the launch of HEGRA at Herøya, Porsgrunn, with former Statnett CEO, Auke Lont as Chairman. The company aims to electrify and decarbonize the ammonia plant at Herøya, enabling large-scale green ammonia production. «HEGRA» is short for HErøya GReen Ammonia, and is co-owned by Yara, Aker Clean Hydrogen and Statkraft each owning 1/3.
Sarawak Shell Berhad (SSB), a subsidiary of Royal Dutch Shell plc, announced that it has taken a final investment decision (FID) on the Timi gas development project and, together with its partners PETRONAS Carigali Sdn Bhd and Brunei Energy Exploration, look forward to delivering this for Malaysia.