Moonilal: New Heritage board to focus on ramping up production
Business
Utilities
Finance
July 1, 2025
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ONCE appointed, the new board of directors at Heritage Petroleum Company Ltd will be instructed to ramp up production according to Energy Minister Dr Roodal Moonilal.
Delivering welcome remarks at the Society of Petroleum Engineers' Mature Basins Symposium at Cara Suites Hotel, Claxton Bay on July 1, Moonilal lamented the country's oil production had fallen by around 37 per cent since Petrotrin was shut down.
Comparing the figures, he said onshore and offshore production went from 21,387 barrels per day (bpd) and 21,468 bpd in 2015, respectively, to 9,667 bpd and 17,226 bpd in 2025.
Business
Utilities
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