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Diabierna, 6 October 2023 AWEMainta LOCAL NEWS 29
Minister Glenbert Croes:
The Aruban Oil Company has signed an
MoU with Armstrong Oil and Gas Inc.
DURING a press conference of the Government of Aruba, sary as they cannot supply 100% of the demand.
Energy Minister Glenbert Croes elaborated on Armstrong Oil
and Gas Inc., which has signed an MoU with the Aruban Oil This is indeed good news for Aruba, as once again, there is a
Company. Armstrong is a private company based in Denver, company interested in exploring the possibility of acquiring
Colorado, specializing in oil and gas exploration. hydrocarbons in the maritime area. With the MoU signed,
Armstrong will work with Aruban Oil to analyze and iden-
A total of 2.5 billion barrels of oil have been discovered tify the areas where exploration can begin, and once these
by Armstrong Oil and Gas Inc. in the Pikka field located in areas are identified, drilling is set to commence in January
Alaska. Other places where this company has explored in 2024.
the United States include Alaska, North Dakota, Louisiana,
California, Michigan, Wyoming, Texas, and Utah. “As Minister of Energy, I am extremely pleased that the
Aruban Oil Company and Armstrong International have
Minister Croes explained that the goal of the MoU is to eval- reached an agreement to embark on the journey to study
uate the hydrocarbon potential in the maritime area of Aruba. the possibilities of exploring gas or oil in Aruba’s areas.
Given the ongoing energy transition, where the government Considering the quality, capacity, and integrity of the
is investing in renewable energy with projects like Eagle LNG, Armstrong company, Aruba remains positive that this time
Acciona Energia, expanding the windmill park in Rincon, and we will succeed, and the wealth from this achievement will
more solar parks to come, it’s important to emphasize that benefit the entire community, thus positively changing the
while renewable energy is crucial, fossil fuels are still neces- destiny of the country of Aruba,” expressed Minister Croes.
