CGX Energy and Frontera Energy Corporation have confirmed that hydrocarbons were encountered during the drilling of Kawa-1, offshore Guyana.
AMCHAM T&T, the Energy Chamber and the T&T Chamber of Industry and Commerce continue to be concerned by the impact of the spread of COVID-19 on the society and economy. Over the almost two-years that we have been dealing with the impact of the pandemic, the Joint Chambers have attempted to support the country’s response. As a collective and in partnership with other civic organisations, we have run vaccinations sites, developed and funded pro-vaccination campaigns and proposed various policy measures to assist in containing the spread of the virus while maintaining a reasonable level of economic activity.
On Wednesday 8th December 2021, Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister the Honourable Stuart Young MP participated in a Ministerial Round Table focused on Regional Development and Opportunities in Latin America as part of the 23rd World Petroleum Conference held in Houston, Texas from December 5 th – 9 th, 2021. The panellist on the round table included His Excellency Dario Martinez, Secretary of Energy, Argentina; Dr Jose Armando Zamora, President of the National Hydrocarbons Agency of Columbia and His Excellency Eduardo Gonzales Toro, Minister of Energy and Mines Peru, moderated by Sebastian Borgarello, Vice President Consulting, IHS Markit.
NGC Invitation to Register and Pre-Qualify
Vaccination rates amongst contractor and service company workers who visit the Energy Chamber’s Learning Centre in Point Lisas was 77% during the last week of November 2021 and averaged 73% over the entire month. All workers who enter the facilities of any of the Point Lisas plants and the Atlantic facility in Point Fortin have to undertake an assessment of their basic HSE knowledge every two years (“PLEA Pass”) at the Energy Chamber Learning Centre. The Energy Chamber has been collecting data on the vaccination status of all visitors to the Centre since July 2021 and there has been a steady rise in the rate of workers stating that they are fully vaccinated.
Touchstone Exploration has announced the results the first production test at the Royston-1 exploration well and provided data from the second test, which confirmed separate light oil discoveries.
Blocks for this Bid Round were selected based on internal technical evaluation, nominations as well as proximity to the current Deep Water development. Seventeen (17) offshore deep water blocks are on offer , namely, Blocks 23 (b), 24, 25 (a), 25 (b), 26, 27, TTDAA 1, TTDAA 2, TTDAA 4, TTDAA 8, TTDAA 9, TTDAA 11, TTDAA 15, TTDAA 25, TTDAA 26, TTDAA 28 and TTDAA 29, located off the northern and eastern coasts of Trinidad and Tobago.
Trinity Exploration & Production has announced that it has received approval for the Field Development Plan (“FDP”) for the Galeota Asset Development (“GAD”) Project from the Ministry of Energy and Energy Industries (“MEEI”). The comprehensive and relatively quick approval by the MEEI review team, against the background of the pandemic, is extremely helpful and provides a suitably matured development concept which can be reviewed by potential funding partners as part of the farm-down process.
Feature Address By Dr. The Honourable Keith Rowley, Prime Minister of the Republic of Trinidad and Tobago Announcement of Agreement between the Government of the Republic of Trinidad and Tobago and Shell Trinidad and Tobago Limited On Production Sharing Contract for Sub-block 6 D (Manatee Field)
APA Corporation announced results from flow testing at the Sapakara South appraisal well and drilling results from the Bonboni exploration well, both operations recently completed on Block 58 offshore Suriname. APA Suriname holds a 50% working interest in the block, with TotalEnergies (TTE), the operator, holding a 50% working interest.
As COP26 is in its final hours in Glasgow, Scotland, negotiations and discussions are still underway to foster agreements meeting the goals of the climate conference. Vulnerable and developing countries in the Alliance of Small Island States (AOSIS), are making their voices heard as a network of 39 member states situated in low-lying coastal areas, with the most to lose due to their sizes, geographical locations and economic conditions.
Trinidad and Tobago NGL Limited (TTNGL) has published its financial statements for the nine months ended 30 September 2021, announcing a major uplift of 347% in profit after tax over the corresponding period of 2020.
Kenesjay Green Limited Ltd.(KGL) has selected the global project development consultancy io consulting (io) to perform Front End Engineering Design (FEED) for the NewGen Limited Carbon Neutral / Green Hydrogen Project with 27,200 mtpy production capacity. Scheduled for completion in 2025, this will be the first electrolysis-based hydrogen production facility to be built in Point Lisas, Trinidad, and one of the first of this scale in the world.
The Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister, the Honourable Stuart R. Young M.P.; had an early morning meeting with the CEO and Managing Director of Woodside, Australia Ms. Meg O'Neil today, Wednesday 10th November 2021.
The Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister, the Honourable Stuart R. Young M.P., participated in a virtual panel discussion for a side event of COP26- titled, Commonwealth Collaboration to Accelerate Methane Reductions in the Petroleum Sector.
Noble Corporation and Maersk Drilling announced that they have entered into a definitive business combination agreement to combine in a primarily all-stock transaction. Following the completion of the transaction, the Maersk Drilling shareholders and Noble shareholders will each own approximately 50% of the outstanding shares of the combined company.
The Climate Resilience Execution Agency for Dominica (CREAD) signed a Memorandum of Understanding (MoU) with Kenesjay Green Limited (KGL), an energy revolution company dedicated to developing a pipeline of viable decarbonising and green project opportunities across the Caribbean.
Touchstone Exploration announced the results of the first of three planned production tests at the Royston-1 exploration well which has confirmed a light oil discovery in the lowermost section of the well. The section tested was initially designed to establish the base of potential hydrocarbon, and this light oil discovery represents a new pool which has not been encountered in any of the regional offsetting wells.
Proman Stena Bulk have successfully completed the launching of the Stena Pro Patria, the first of three 49,900 dwt methanol dual-fuel MR tankers that Proman and Stena Bulk are building together as part of their JV.
