Trinidad And Tobago News


Trinity Hires Petrofac to Help Develop Galeota Block Offshore Trinidad Further

Jun 27, 2023

Trinidad & Tobago-based oil and gas company Trinity Exploration & Production Trinidad and Tobago has commissioned Petrofac to undertake a Concept-Screening to develop further reserves in its Galeota Block, offshore East Coast Trinidad.The Galeota…

Trinidad Asks US for Changes to Venezuela Offshore Gas Project License

Jun 02, 2023

Trinidad and Tobago is requesting the U.S. government amend the terms of a license authorizing the joint development of a promising offshore gas field with Venezuela, the Caribbean nation's energy minister said on Thursday.The United States…

Venezuela, Trinidad to Continue Talks on Joint Development of Dragon Offshore Gas Field

May 26, 2023

Venezuela and Trinidad and Tobago will continue negotiations on jointly developing a dormant offshore natural gas field, with a meeting scheduled for mid-June in Caracas, according to three sources familiar with the matter. Officials from both governments last met in March in Venezuela…

Aquaterra Energy Wins Multi-Million Subsea Riser Contract with BP for Trinidad and Tobago Project

May 23, 2023

Offshore engineering solutions firm Aquaterra Energy said Tuesday it had secured a multi-million subsea riser contract with BP for a subsea well development project in Trinidad and Tobago.Under the contract, won through a competitive tender…

Heritage Petroleum Names Ex-ConocoPhillips Exec as New CEO as Chow Set to Retire

May 23, 2023

Trinidad and Tobago's state-owned oil company Heritage Petroleum has hired a 25-year veteran of U.S. oil and gas producer ConocoPhillips CEO, the company's chairman told Reuters on Monday. Erik Keskula was last president of Conoco's Malaysia…

Trinity E&P Restores Oil Output from Trintes Field after Platform Fire

Apr 20, 2023

Trinidad & Tobago-focused oil company Trinity Exploration & Production has restarted production from the Bravo offshore platform, in the Trintes Field, offshore east coast Trinidad, following a halt caused by a fire incident earlier this month…

McDermott to Provide FEED Services for Shell's Offshore Gas Project in Trinidad and Tobago

Mar 28, 2023

Offshore engineering and construction firm McDermott said Monday it had won a front-end engineering design (FEED) contract with Shell Trinidad and Tobago Limited for the Manatee gas development project.Under the contract scope, McDermott will…

Trinidad in Substantive Talks with Venezuela on Offshore Gas Project

Mar 10, 2023

Trinidad and Tobago has held substantive talks with Venezuela on developing the promising Dragon offshore gas field following a U.S. authorization to begin the long-stalled project, Energy Minister Stuart Young told Reuters on Thursday. Young…

US Plans No Wider Easing of Sanctions on Venezuela, Official Says

Mar 08, 2023

The U.S. government is not planning a systematic easing of sanctions on Venezuela after an initial round allowed partners of state-run oil firm PDVSA to resume taking oil for past debts, a State Department official said.In November, Washington issued a six-month license allowing Chevron Corp…

Woodside on Track for Decision on Deepwater Trion Field in Mexico in 2023

Mar 08, 2023

Australia's Woodside Energy is on track to make a final investment decision this year on the Trion offshore oil project, which would inaugurate production in the deep waters of the country's Gulf of Mexico.[BHP Petroleum, now part of Woodside] partnered in 2017 with state-oil company Pemex…

EOG Resources Says Low Natgas Prices Not Changing Drilling Plan

Feb 27, 2023

U.S. oil and gas producer EOG Resources on Friday said it had no plans to alter its strategy around new natural gas drilling, despite a sharp decline in prices this year. Rival producers, including Chesapeake Energy, Southwestern Energy, and Comstock Resources…

Trinidad to Start Talks for Gas Deal with Venezuela in March

Feb 24, 2023

Trinidad and Tobago next month expects to formally begin negotiations with Venezuela on a promising offshore natural gas project, the Caribbean nation's energy minister said on Thursday.A deal would help revive the nation's gas production, which…

Trinidad's Energy Minister to Start Talks on Offshore Gas Deal in Caracas

Feb 07, 2023

Trinidad and Tobago's energy minister met Venezuelan officials on Monday, according to Venezuela's state media, the first high-level visit since the United States last month greenlighted the joint development of a key offshore gas project. The…

Trinidad & Tobago, Venezuela to Start Talks over Offshore Gas Field Development

Feb 06, 2023

Trinidad and Tobago's Prime Minister Keith Rowley on Friday told Parliament his government had been in touch with Venezuela following U.S. license to jointly develop a key gas field, and the first meetings to begin negotiations have been set up…

Ocyan to Operate PRIO's Offshore Drilling Rig

Jan 27, 2023

Brazilian offshore drilling company Ocyan said Friday it had signed a contract to operate oil company PRIO's West Capricorn semi-submersible drilling rig.PRIO (Petro Rio) bought the offshore drilling rig from the offshore drilling firm Aquadrill in June 2022…

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