Page 7 - LatAmOil Week 29 2022
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LatAmOil                               TRINIDAD AND TOBAGO                                         LatAmOil



       DeNovo brings fully renewable-powered




       platform on line at Zandolie gas field






                         DENOVO Energy Ltd of Trinidad and Tobago   Two months later, the company commissioned
                         has begun extracting natural gas from a renew-  Oil Plus, another local firm, to develop a main-
                         able energy-powered platform, the first of   tenance strategy and programme for the project
                         its kind, off the western coast of the island of   that could optimise gas production while also
                         Trinidad.                            lowering carbon emissions.
                           The company announced that the platform   According to DeNovo, the rig was built,
                         had delivered its first gas from the Zandolie   installed and commissioned in 31 months at
                         field last week. According to previous reports,   a cost of $52mn. Despite the setbacks caused
                         the drilling platform will support a single well at   by the ongoing coronavirus (COVID-19)
                         the field, which lies within the Block 1(a) licence   pandemic, the company reported that zero
                         area, and will be capable of handling 40mn cubic   man-hours had been lost during the execution
                         feet (1.13mn cubic metres) per day of gas.  of the project, with 476,613 hours of labour
                           In a statement, DeNovo’s chairman Claus   having been completed by a workforce of 371
                         Cronberger hailed this development as a step   employees.
                         forward for his company.               In addition to being fully powered by wind
                           “The first commercial gas supply from Zan-  and solar, the platform was manufactured
                         dolie is a significant accomplishment. Across   entirely within Trinidad. DeNovo said last week
                         the Proman family of companies, we have   that it hopes to replicate the success of its efforts
                         always been driven by innovation and the use   at Zandolie by commissioning similar platforms
                         of best-in-class technology in our facilities, and   for installation at other fields. ™
                         Zandolie exemplifies this thinking,” said Cron-
                         berger, who also serves as managing director of
                         DeNovo’s parent company Proman Trinidad
                         and Tobago.
                           DeNovo first awarded a front-end engineer-
                         ing and design (FEED) contract for the renew-
                         able energy-powered rig to Aquaterra Energy,
                         the designer of this Sea Swift-type offshore
                         platform, in May 2020. Following the platform’s
                         construction, DeNovo awarded a construction,
                         installation and commissioning (CIC) contract
                         to United Engineering Services Ltd (UESL) in
                         October 2021.
                           Following the completion of this work,
                         DeNovo proceeded to award a shore-based
                         services contract to Peterson, a local company.   The Zandolie field lies within Block 1(a) offshore Trinidad (Image: DeNovo Energy)



                                                      REGIONAL
       Asphalt shipments to Latin American




       markets reported down in H1-2022






                         WATERBORNE asphalt deliveries to Latin   This year-on-year decline appears to stem
                         American buyers slipped 13% to 320,400 tonnes   from a rise of more than 50% in asphalt prices
                         in the first half of 2022, a significant drop from   in the US, which happens to be Latin America’s
                         the figure of 367,800 tonnes reported during the   main foreign supplier.
                         same period of last year, according to Vortexa   The trend is clear with respect to US Gulf
                         vessel tracking data cited by Argus Media.  Coast (USGC) asphalt producers.



       Week 29   21•July•2022                   www. NEWSBASE .com                                              P7
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