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
| 30 Jun 25 |
Jamaica: United Oil & Gas announces NEPA Permit Publication and Warrant Extension re Jamaica licence 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, notes that the National Environment and Planning Agency (NEPA) in Jamaica has published its decision to grant an Environmental Permit and a Beach Licence in relation to the planned offshore technical programme within the Walton Morant Licence. |
| 20 Jun 25 |
Jamaica: United Oil & Gas announces publication of updated technical presentation - Walton-Morant Licence, Jamaica AIM-listed United Oil & Gas has announced that an updated technical presentation entitled 'Evidence for a Petroleum System - Jamaica Licence' has been published on the Company's website. The presentation offers a concise and focused update on the Walton-Morant licence's prospectivity, showcasing the extensive technical dataset that underpins the farm-out process currently underway. |
| 05 Jun 25 |
Jamaica: United Oil & Gas shares CEO interview re Jamaica licence United Oil & Gas has shared an interview with its CEO outlining the technical and commercial potential of the Company's Jamaica licence, the ongoing farm-out discussions with parties under NDA, and the permit application for the Piston Core Survey. |
| 15 May 25 |
Jamaica submits permitting application for the piston core survey at its exploration asset in Jamaica AIM-listed United Oil & Gas has formally submitted the permitting application for the piston core survey at its Walton-Morant exploration licence to the National Environmental and Planning Agency ('NEPA') in Jamaica. The piston core survey is expected to form part of the farm-out, offering potential farm-in partners a defined pathway to early-stage participation in the Walton-Morant Licence. |
| 08 May 25 |
Jamaica: United Oil & Gas announces strategic investment to advance Jamaican farm-out AIM-listed United Oil & Gas has secured gross proceeds of £140,000 through a capital raise with an existing shareholder. The proceeds will support the ongoing farm-out process at its Walton-Morant Licence offshore Jamaica, where multiple parties remain under NDA conducting active due diligence. |
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
