Malcy's Blog20 Oct 2020 14:32
Predator Oil & Gas
PRD announces that with regard to its CO2 EOR operation in Trinidad that the Energy Ministry has granted approval for the use of the CO2 Recovery system, installed and commissioned by Predator and Massy Gas Products, associated with the CO2 Pilot Project at the FRAM Exploration Gathering Station #4 in the Inniss-Trinity field.
The company also states that the carbon dioxide injection and delivery system and site layout has been independently inspected to ensure that the highest HSE standards possible are applied to enable operations to continue uninterrupted during the COVID-19 public health emergency.
Paul Griffiths, Chief Executive of Predator, commented:
“This is an important development that allows us to separately process enhanced oil production from CO2 EOR operations for sale and export through the existing pipeline infrastructure.”
So this is further good news from Predator, indeed the company has had a good week with positive comments in Ireland with regards to its LNG plans and with ConocoPhillips buying Concho Resources (see above) indicating that it proves they are well and truly putting oil and gas at the forefront of their plans, having just bought a substantial piece of acreage adjacent to PRD in Morocco, gas is also a big part of their future.