(Proman and Costa Group, 16.Feb.2023) — Costa Group, part of Carnival Corporation and Europe’s leading cruise operator with its two brands Costa Cruises and AIDA Cruises, and the leading methanol producer, Proman, have signed an MOU to drive further the implementation of methanol as a marine fuel for the cruise industry. The […]
Tag: Proman Group
Rowley: TT Must Secure Energy Future Now
(Trinidad and Tobago Newsday, 13.Sep.2022) — The Prime Minister is warning that unless investments are secured, declining natural gas levels could have dire consequences for the future of TT’s economy. Dr Rowley gave this grim warning at a media conference on Monday at the Diplomatic Centre, St Anns where he […]
Trinidad PM Rowley’s Statement on Chats with Proman, BP & Shell
(Office of the PM of Trinidad and Tobago, 12.Sep.2022) — Ministerial interaction with oil, gas and petrochemical majors (Proman, BP & Shell) based in Europe. Proman – Zurich and DĂĽsseldorf Proman is heavily invested in the oil and gas sector of Trinidad and Tobago in both the upstream and downstream. […]
Maersk, Proman Announce Green Methanol Supply Deal
(Proman, 10.Mar.2022) — Proman and A.P. Moller -Maersk entered into a new cooperation agreement to identify and develop green methanol supply solutions for Maersk’s new methanol-fuelled container vessels. As part of today’s agreement, Proman will aim to supply Maersk with 100,000 – 150,000 tonnes per year of green methanol from […]
NGC and Proman Agree on New Methanol Partnership
(NGC, 18.Feb.2022) — The National Gas Company of Trinidad and Tobago Limited (NGC) and Proman entered a new partnership to lift methanol from the Methanol Holdings(Trinidad) Limited (MHTL) Complex in Point Lisas Industrial Estate for NGC’s methanol trading portfolio. The arrangement, which applies from 1 January 2022, provides NGC with […]
Caribbean Sustainable Energy Conference: Day 3 Highlights
(Energy Analytics Institute, 26.Jan.2022) — Selected highlights from the virtual Caribbean Sustainable Energy Conference hosted by the Energy Chamber of Trinidad and Tobago from 24-26 January 2022 including presentations from International Energy Agency (IEA) Lead Gas Analyst Peter Zeniewski, IDB Invest Investment Manager Alicia Taylor, and Proman Operations Managing Director […]
NGC, MHTL Ink Gas Supply Contract
(NGC, 4.Aug.2021) — The National Gas Company of Trinidad and Tobago Limited (NGC) signed a Consolidated Gas Supply Contract (CGSC) with Methanol Holdings (Trinidad) Limited (MHTL), part of the Proman family of companies. This contract will support operations at the MHTL Methanol Complex, which includes the mega-methanol M5 plant, one […]
NGC Inks Zandolie Field Gas Sales Contract
(NGC, 4.Aug.2021) — DeNovo Energy Limited and The National Gas Company of Trinidad and Tobago (NGC) signed a Zandolie Field development Gas Sales Contract (GSC) for commercialisation of the Zandolie Field located in Block 1(a). The Zandolie Field Development project will be DeNovo’s second offshore instalment following the Iguana field […]
Destruction Of The Downstream TT Sector
(Trinidad Guardian, 7.Apr.2021) — On April 1 Methanol Holdings (Trinidad) Ltd announced that it had taken a decision to immediately shut down its M4 and M5000 methanol plants in Point Lisas, with the latter being the largest methanol plant in the country and the world. According to MHTL the decision […]
More Pain For Trinidad’s Gas Sector
(Trinidad Express, 2.Apr.2021) — A new wave of natural gas pain hit Trinidad and Tobago yesterday. The pain came when the country’s largest producer of methanol, the Switzerland-headquartered Proman group, announced it was idling its M4 and M5000 methanol plants on the Point Lisas Industrial Estate effective immediately. In a […]
DeNovo Delivers Initial Gas From Iguana Field Offshore Trinidad
(DeNovo Energy, 21.Nov.2018) — DeNovo Energy Limited, a subsidiary of the Proman Group, announced the first commercial supply of gas from the Iguana Field in Block 1(a), which will deliver 80 million cubic feet of gas per day (Mmcf/d) once fully operational. DeNovo, which became the operator of the field […]