• eNews Edition - May to August 2019

  • The Gstt

    - 13th April 2024


Read about the latest developments local, regional and international.

Local News   

BHP has announced that its 3rd phase of deepwater drilling in Trinidad, LOL – Lease Operators Ltd drilled Barakat-1, their latest exploration well in the Rio Claro Block, Heritage has drilled its first well FC 466 on June 15th, Touchstone will spud COHO-1, its Ortoire Block well in August 2019, NGC has recorded TT 2.3 billion in profit after tax for 2018, BPTT has said that its Cassia Compression project is on track.......

Regional News 

GuyanaEnscoRowan’s EXL II jackup will leave BPTT and go to Guyana in September 2019, Tullow Oil spud Jethro-1 in July 2019 in the Orinduik Block. This is the first of two wells in this campaign. Results are expected in early August, The Liza Destiny FPSO which is currently sailing to Guyana, recently departed from Keppel shipyard in Singapore, SurinameTullow Oil and its partners will drill an exploration well in Block 47 in 2020 at the Goliathberg-Voltzberg North prospect, Staatsolie and Trinidad and Tobago’s Decker Petroleum Marketing Co. Ltd, has signed a PSC for the Nickerie block, Venezuela: Chevron and oil field service providers Halliburton, Schlumberger, Baker Hughes and Weatherford will have until October 27th, Jamaica: A review committee appointed by Jamaica’s Prime Minister, Andrew Holness, is recommending that the government of the Caribbean island nation get out of the refinery business and instead hand it over to the private sector., Dominican Republic launched its first-ever licensing round, offering a combination of 14 onshore and offshore blocks........

International News 

MexicoShell will invest at least $397 million in deepwater Mexico close to the US maritime border over the next four years, Qatar Petroleum has signed agreements with Eni and Total to acquire a 25 % stake in three blocks in the frontier areas offshore Kenya, North Sea: Maersk Drilling has been awarded a contract by Perenco for its Maersk Resolute jack-up rig, South Africa: Total has awarded a drilling contract to Odfjell Drilling for its semi sub Deepsea Stavanger to drill in Block 11B/12B is located in the Outeniqua Basin 175 km off the southern coast, Transocean has added five drilling rig contracts since April 2019 for 2 semi-subs and 3 drillships and In Egypt, Burullus has chartered the Discoverer India drillship on a three-month contract, plus six-one well options...........