South America / GoM
Country profile: Jamaica
| Location: | Caribbean, island in the Caribbean Sea, south of Cuba |
| Climate: | tropical; hot, humid; temperate interior |
| Terrain: | mostly mountains, with narrow, discontinuous coastal plain |
| Size: | 10991 sq. km total (Land area: 10831 sq. km Water area: 160 sq.km) |
| Population: | 2,804,332 (July 2008 est.) |
| Languages: | English, English patois |
| Government: | constitutional parliamentary democracy |
| Capital city: | Kingston |
| Legal system: | based on English common law; has not accepted compulsory ICJ jurisdiction |
| Currency: | Jamaican dollar (JMD) |
| Licensing: |
Country profile
The islands of the Caribbean basin are predominantly net energy importers, with the exception of Trinidad and Tobago. Agriculture and natural resource extraction activities continue to constitute the basis of the islands' economies, though the tourism and service sectors are growing. In recent years, the Caribbean countries have been worried that higher global oil prices will impair their efforts to expand economically.
In response, the island nations have been discussing ways to better integrate their energy sectors, especially in regards to increased natural gas exports from Trinidad and Tobago to other islands. These efforts have also focused on the major external energy suppliers to the region, such as Mexico and Venezuela.
Energy production and consumption
| Oil | Gas | |
| Production: | ||
| Consumption: | 72,000 bbl/day (2005 est.) | |
| Exports: | 1,531 bbl/day (2005 est.) | |
| Imports: | 71,420 bbl/day (2004 est.) | |
| Reserves: | ||
| Major fields: |
Jamaica - recent news
| 10 Oct 25 |
Jamaica: United Oil & Gas announces publication of Piston Core Presentation - Walton-Morant Licence, Jamaica AIM-listed United Oil & Gas, the oil and gas company with a high-impact exploration asset in Jamaica and a development asset in the UK, has announced that a Piston Core Presentation has been published on the Company's website. |
| 09 Oct 25 |
Jamaica: United Oil & Gas signs vessel MOU for Jamaica Survey: Programme on track for Q4 AIM-listed United Oil & Gas has signed a non-binding MOU with TDI Brooks International, a global leading provider of geotechnical and geochemical survey services, to secure a specialist survey vessel for the planned piston coring and surface geochemical programme on the Walton Morant Licence, offshore Jamaica. |
| 07 Oct 25 |
Jamaica: United Oil & Gas announces conditional fundraising to deliver piston coring programme United Oil & Gas, the oil and gas company with a high impact exploration licence in Jamaica and development asset in the UK, has announced a conditional placing and a conditional subscription to raise approx. £2.33 million. The net proceeds of the Fundraising are expected to provide the Company with cash resources through 2026 and will be used to advance the Piston Coring at the Walton Morant Licence, offshore Jamaica |
| 25 Sep 25 |
Jamaica: Independent Risking Study confirms derisking potential from geochemical work at Walton-Morant AIM-listed United Oil & Gas, the oil and gas company with a high impact exploration asset in Jamaica and a development asset in the UK, has announced the findings of an independent Risking Review Study by Iapetus Geoscience that highlights the value of the planned Surface Geochemical Exploration ('SGE') survey, including piston coring, at the Walton Morant Licence offshore Jamaica. |
| 02 Sep 25 |
Jamaica: United Oil & Gas granted the Beach Licence for Walton Morant United Oil & Gas has been granted the Beach Licence, which enables United to undertake seabed sampling operations within the Walton Morant Basin, offshore Jamaica. |
Jamaica - more news
Other countries in this region
- Argentina,
- Aruba,
- Bahamas,
- Barbados,
- Belize,
- Bermuda,
- Bolivia,
- Brazil,
- Canada,
- Chile,
- Colombia,
- Costa Rica,
- Cuba,
- Dominican Republic,
- Ecuador,
- Falklands,
- French Guiana,
- Grenada,
- Guatemala,
- Gulf of Mexico,
- Guyana,
- Honduras,
- Mexico,
- Nicaragua,
- Panama,
- Paraguay,
- Peru,
- Suriname,
- Trinidad,
- Uruguay,
- USA,
- Venezuela
