Caribbean News

 

Key Offshore Wildcat Wells At Risk of Being Suspended

Apr 08, 2020

At least nine of the world’s top planned exploration wells for 2020 are at risk of being suspended as a result of the blended impact of COVID-19 on oil and gas activities and the oil price war, Rystad Energy said Tuesday.These wells, the Norwegian energy intelligence firm said…

Apache Makes 'Significant' Discovery Offshore Suriname

Apr 02, 2020

U.S. oil company Apache has said it has made a significant oil discovery at the Sapakara West-1 well drilled offshore Suriname on Block 58. This is the company's second large oil discovery in the country this year. The first was struck in January…

Bahamas Petroleum Postpones Drilling for October

Mar 25, 2020

Bahamas Petroleum has decided to delay again the start of the drilling operations on its #Perseverance 1 offshore well in the Bahamas, citing 'the massive, unprecedented and adverse impact of the spread of the Covid-19 virus.'The company recently postponed the spud from April to May/June period…

Coronavirus Puts a Dent in Bahamas Offshore Drilling Plan

Mar 13, 2020

Bahamas Petroleum has delayed its plans to drill an exploration well offshore The Bahamas, citing the impact of the coronavirus on operations.Previously planned to spud in April 2020, the #Preseverance 1 exploration well is now anticipated to be spud in late May or early June…

Colombia: Ecopetrol, Shell in Deepwater Team-Up

Feb 07, 2020

Colombia's Ecopetrol and Anglo-Dutch energy giant Royal Dutch Shell have teamed up to develop three blocks in the Caribbean, the state-owned oil company said on Friday. Under the deal, Shell will acquire a 50% operating-stake in the Fuerte Sur…

BHP to Search for O&G Offshore Barbados

Feb 07, 2020

Anglo-Australian oil and mining giant BHP has obtained 'effective offshore exploration licenses' to search for oil in the waters off Barbados.The Barbados Government Information Service informed this week that the Caribbean country's government…

Slow ahead

Feb 01, 2017

The floating production systems market remains challenging. Will cost-cutting measures made over the past two years help projects reach final investment decision in 2017? Infield’s Catarina Podevyn assesses the market. Johan Castberg…

Shell buys Centrica T&T assets

Dec 01, 2016

Centrica plc entered a deal to sell its entire portfolio of gas assets in Trinidad and Tobago to Shell E&P for an initial cash consideration of US$30 million (£24 million). The assets consist of a 17.3% interest in the producing NCMA…

Fugro Americas completes first job

Jul 09, 2015

On 11 June 2015, Fugro’s premier geophysical survey vessel, the Fugro Americas, successfully completed a data-collection project for a geochemical coring campaign in the Caribbean. The project marks the maiden voyage of the new-build vessel…

IRM Systems opens Houston office

May 22, 2015

Pipeline repair company IRM Systems opened a new base of operations in Houston, Texas. Rutger Schouten, general manager of IRM Systems said: “The implications of this development are tremendous, bringing with them the need for a new perspective on pipeline inspection…

Ocean Victory arrives in Trinidad and Tobago

May 13, 2015

Diamond Offshore's Ocean Victory semisubmersible drilling rig has arrived in Trinidad and Tobago to start drilling operations for BP.   The rig, which is currently taking on personnel, equipment and supplies, in port, is due to move to the Juniper field…

BP awards Trinidad & Tobago work

May 13, 2015

Massy Wood Group has been awarded a five year contract, worth up to US$250 million, by BP to provide services to its operations in Trinidad & Tobago. The company, which is jointly owned by UK-based Wood Group PSN (WGPSN) and the energy division of Massy Holdings…

BHP signs Barbados exploration deal

Apr 30, 2015

Anglo-Australian multinational mining, metals and petroleum company BHP Billiton has signed exploration licenses for two offshore Barbados blocks in what could be a return to drilling off the Caribbean Island. BHP is reported to be the…

Spotlight on Latin America

Apr 01, 2015

Heather Saucier examines the effect of regional energy policies on Latin America’s rich untapped resources, estimated to be some 126 billion bo and 679 Tcf of natural gas, a large majority of which is offshore. Piñon…

Caribbean FLNG delayed

Feb 03, 2015

Belgium’s Exmar announced in its quarterly report that operator Pacific Rubiales Energy will delay start-up for the Caribbean FLNG project offshore Colombia, which was to be the first operational FLNG facility. Exmar said that Pacific…

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