June 6, 2025
Black gold awaits
Exploration company says Jamaica could be next major oil-producing nation
UNITED Oil and Gas is intensifying efforts to attract partners for its Jamaican offshore exploration, positioning the Walton-Morant block off the island’s south coast as “a world-class frontier opportunity” that could mirror the transformational oil discoveries in Guyana and Namibia.
CEO Brian Larkin, in outlining the company’s strategy to unlock what he calls “one of the Caribbean’s last great untapped oil plays”, says, “I think the string of pearls is there. This could be another Guyana or Namibia. It’s all there to play for.”
Story in BusinessWeek