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Trinidad’s National Gas Company cops Gold Standard status for methane reporting

OilNOW -
The National Gas Company (NGC) of Trinidad and Tobago Limited (NGC) has disclosed its recent achievement of the Gold Standard status of reporting under the global Oil and Gas Methane Partnership 2.0 (OGMP 2.0). This status is attained by companies...
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Ramps’ challenges in Guyana not linked to private sector; umbrella body condemns “dark forces” comment

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As the Ramps Logistics' Local Content spat continues, Guyana's private sector body has come out to condemn recent statements by its Chief Executive Officer (CEO) Shaun Rampersad. He had made the suggestion that dark forces from Guyana's private sector "want...
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US$5.4 billion mega port for Suriname; to feature LNG facility, shorebase and economic zone

OilNOW -
Phoenix Development Company and Suriname’s Port Management Company, N.V. Havenbeheer, have teamed up to build a mega Deep-Water Port and Special Economic Zone – Port of Nickerie – in Suriname, with projected investment of approximately US$5.4 billion. With several oil...
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Ramps CEO enters not guilty plea to company’s false declarations charges, out on GY$500,000 bail

OilNOW -
Chief Executive Officer (CEO) of Ramps Logistics, Shaun Rampersad on Friday paid bail of GY$500,000 to the Supreme Court, and in so doing, avoided custody for charges of false declarations to the Guyana Revenue Authority (GRA) for its duty-free...
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Ramps at risk of losing US$25 million Exxon contract, laying off 100 workers without Local Content Certificate – court documents

OilNOW -
If Ramps Logistics Guyana Inc. is not granted a Local Content Certificate of Registration, it will likely lose significant contracts with major industry players like ExxonMobil affiliate, Esso Exploration and Production Guyana Limited (EEPGL). According to court filings which form part of...
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Guyana engaging Facebook for removal of false maps, information about its border with Venezuela

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Representatives of the government of Guyana on October 19 met with senior personnel from popular social media platform, Facebook, the state information arm said. The parties, in a virtual meeting, discussed the removal of illegal maps and false narratives...
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Equinor starts up Peregrino Phase 2 project offshore Brazil

OilNOW -
Equinor said first oil was produced at the Peregrino Phase 2 project on October 10 at 20:00 local time, using the Peregrino C platform. The project consists of the new platform with drilling facilities and living quarters tied into the...
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Unappealing fiscal terms, mature gas fields placing Trinidad at risk

OilNOW -
Arthur Deakin, Analyst at Americas Market Intelligence (AMI) believes that Trinidad and Tobago’s oil and gas prospects remain dire and will continue to spiral without new oil and gas discoveries. In an OilNOW column, Deakin noted that T&T has been...
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Trinidad concludes nomination period for shallow water bid round

OilNOW -
Trinidad and Tobago’s Ministry of Energy and Energy Industries (MEEI) concluded the nomination period for its shallow water competitive bid round, Tuesday. Nominations ran for six weeks from August 30, 2022. Interested parties were allowed to nominate for any number of...
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Touchstone starts up production at first onshore gas project in T&T in over 20 years

OilNOW -
Touchstone Exploration Inc. announced on Tuesday that the Coho facility has safely delivered first natural gas, representing the first onshore natural gas project to come onstream in Trinidad and Tobago in over twenty years. The Coho area is located...
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Maduro takes oath for third term amid Opposition-led protests 

With his wife standing faithfully at his side, Nicolás Maduro took the oath of office for his third term...

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