Trinidad And Tobago News


Shell Greenlights Manate Gas Field Development Off Trinidad and Tobago

Jul 09, 2024

Shell Trinidad and Tobago, a subsidiary of Shell, has taken Final Investment Decision (FID) on the Manatee project, an undeveloped gas field in the East Coast Marine Area (ECMA) in Trinidad and Tobago.Manatee will allow Shell to competitively…

Trinidad Court Recognizes ConocoPhillips' Claim Against Venezuela

May 30, 2024

A Trinidad and Tobago court order has granted ConocoPhillips the right to enforce a $1.33 billion claim against Venezuela for past expropriations, a decision that could complicate proposed offshore gas ventures between Trinidad and Venezuela…

BP, Trinidad's NGC Receive US License for Gas Development with Venezuela

May 29, 2024

British oil major BP and Trinidad and Tobago's state energy firm NGC have received a two-year license from the U.S. Treasury Department to negotiate and develop the Cocuina-Manakin gas fields with Venezuela, Trinidad's energy minister said on Wednesday…

BP, EOG Resources in Talks to Jointly Develop Trinidad Gas Field

May 27, 2024

Oil major BP and U.S. shale producer EOG Resources are in discussions to jointly develop a natural gas field off the coast of Trinidad and Tobago, the British company said.The field holds just under 1 trillion cubic feet (tcf) of natural gas…

BP Pauses Gas-Field Talks with Venezuela as License Expires

May 23, 2024

Oil major BP has paused discussions with Venezuela on the development of a gas project on the maritime border with Trinidad and Tobago following the expiration of a U.S. license to Venezuela in April, a company spokesperson said on Wednesday…

Touchstone to Acquire Trinity Exploration in $30.1M All-Share Takeover

May 06, 2024

Canada-based Touchstone Exploration has agreed to acquire UK company Trinity Exploration and Production which has onshore and offshore oil assets located solely in Trinidad and Tobago.Under the terms of the acquisition, Trinity shareholders will receive 1…

Argeo Lands Woodside Energy’s Calypso Survey

Apr 23, 2024

Norwegian offshore services company Argeo has signed a contract with Woodside Energy to conduct a geophysical survey for the deepwater Calypso field in Trinidad and Tobago.The autonomous underwater vehicle (AUV) survey work will be carried out by Argeo Searcher vessel…

BP in Talks to Sell Some Trinidad Upstream Assets to Perenco

Apr 08, 2024

BP is close to an agreement to sell some of its Trinidad and Tobago oil and gas assets to Anglo-French oil company Perenco, according to three people familiar with the talks.BP is Trinidad and Tobago's largest natural gas producer with an output of just over 1…

Woodside Seeks Better Terms to Develop Trinidad's Calypso Gas Project

Mar 24, 2024

Australian oil and gas producer Woodside Energy would like to see improved fiscal terms from the Trinidad and Tobago government before committing to develop a deepwater natural gas project there, CEO Meg O'Neill told Reuters this week.The Caribbean…

BP in Talks with Venezuela and Trinidad to Develop Gas Field

Mar 14, 2024

BP PLC said on Thursday it was in talks with the Venezuela and Trinidad and Tobago governments to develop a gas field.BP has been seeking to increase its natural gas production in Trinidad to feed into Atlantic LNG's liquefied natural gas export facility…

Trinidad and Tobago Extends Deadline for Shallow-Water Auction

Feb 29, 2024

Trinidad and Tobago on Thursday extended by almost two months a deadline to submit bids for an auction of shallow-water oil and gas blocks, the government said.Trinidad is Latin America's largest producer of liquefied natural gas (LNG) with installed capacity of 15 million metric tons per year…

UK Logistics Firm Gets BP’s Job Across 16 Sites Offshore Trinidad

Feb 20, 2024

Material management and logistics provider ASCO has secured a five-year contract with BP Trinidad and Tobago to provide its services across 16 offshore locations in Trinidad.Under the contract, which came into effect at the start of 2024, ASCO…

Venezuela to Get Almost Half of Dragon Gas Project's Income

Feb 05, 2024

Britain's Shell and Trinidad's National Gas Company (NGC) will pay Venezuela no less than 45% of gross revenues from the Dragon gas production project off Venezuela's coast, according to license terms published on Saturday.In December, Venezuela…

CGG Pens Multi-Client Reimaging Deal with Trinidad and Tobago

Jan 24, 2024

France-based marine seismic data firm CGG has signed an agreement with the Ministry of Energy and Energy Industries of Trinidad and Tobago to reimage vintage 3D seismic data from four deepwater offshore blocks.CGG’s work scope will cover blocks 25a…

First Output from Venezuela's Dragon Gas Field Expected in Two Years

Dec 25, 2023

A natural gas project to be developed in Venezuelan waters by Shell and Trinidad and Tobago's state firm National Gas Company (NGC) could achieve first output in the next two years if a positive investment decision is made, Trinidad officials said on Friday…

Current News

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Perenco Brings Woodside’s Trinidad Oil and Gas Assets Into Its Fold

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Germany’s SEFE Inks Three-Year LNG Supply Deal with ADNOC

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