As concerns mount for the future of the Dragon gas development, Trinidad’s Energy Minister Stuart Young told local media that the country has already doled out payments to Venezuela.
Young, quoted in the TT Daily Express said Venezuela was paid...
President Donald Trump has cut off the Biden-era financial lifeline to Venezuela by revoking Chevron’s oil export deal. Now, questions loom over the Dragon gas project between Trinidad and Tobago and Venezuela—could it be next?
Trump, via his Truth Social...
The Multipurpose Floater C (MPF C) Fast4Ward hull reserved by SBM Offshore for Suriname’s GranMorgu offshore development has been delivered, TotalEnergies announced. The hull was reserved in June last year. It was fabricated by China Merchants Heavy Industry (CMHI).
“We...
Trinidad and Tobago’s gas sector depends on resources from Venezuela’s cross-border fields, according to Energy Minister Stuart Young. He recently emphasized the importance of the Dragon and Manakin-Cocuina fields in the country’s long-term energy strategy.
“The Trinidad and Tobago gas...
Suriname expects its second final investment decision in 2026 for the Petronas-operated Block 52.
Annand Jagesar, head of Suriname’s state oil firm Staatsolie made the announcement today during a presentation at the Guyana Energy Conference.
Petronas hit pay at the Slonea-1...
Rystad Energy estimates that Suriname’s Block 52 holds an estimated 500 million equivalent barrels of oil equivalent resources, according to a new report.
Petronas holds 100% of the working interest in Block 52 after its partner, ExxonMobil pulled out last...
The Trinidad and Tobago Energy Chamber has called for a boost in exploration drilling to sustain the country’s oil and gas industry.
In a recent press release, the Chamber emphasized that while seismic surveys and geological studies provide strong indicators...
With his wife standing faithfully at his side, Nicolás Maduro took the oath of office for his third term as Venezuela’s president.
Behind barricades, angry Venezuelans protested his increasingly repressive rule over the embattled South American nation.
Despite the global outcry...
Suriname companies and workers in 45 sectors will have opportunities to participate in the development phase of the Gran Morgu project of Block 58, said TotalEnergies’ General Manager & Country Chair EP Suriname, Artur Nunes da Silva.
“45 sectors will...
Stuart Young, Minister of Energy and Energy Industries of Trinidad and Tobago, will be the country’s next Prime Minister. He is set to replace Dr. Keith Rowley, who said last week that he will resign from the post ahead...
