South America / GoM

Jamaica flag
Summary | Profile

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




A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.


Subscriber Only Deals

Current Deals

Current Upstream Deals: 195

Completed Deals

Completed Upstream Deals: 6640

Company Profiles

Current Company Profiles: 2932

Corporate Activity

Current Corporate Activity articles: 4197

Companies Looking

Current number of articles: 466

Company Sales

Current Company Sales articles:1674

Geostudies

Current Geostudies articles: 1003

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...


energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...



energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...

Subscribe

Subscribe to the FREE
energy-pedia Daily Newsletter
Subscribe

Bayphase
Union Jack Oil 149
energy365
Syntillica
Borchwix
Merlin
Telos NRG
OPC
Rose & Assocs
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans
UNITED KINGDOM

Tel: +44(0)1727 822675

Email: info@energy-pedia.com