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…
Houston-based investment fund Amos Global Energy is waiting for a license from the U.S. Treasury Department to complete the purchase of Chinese Sinopec's stake in a shallow-water oil and gas project in Venezuela, the company said on Tuesday…
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…
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…
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…
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 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…
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 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…
Esgian reports rig-related updates from Dolphin Drilling, Diamond Offshore, and Seadrill in its Week 9 Rig Analytics Market Roundup.Report Outline:ContractsDespite Tullow Oil’s recent announcement that it would take a break from drilling offshore Ghana…
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…
An ExxonMobil-led consortium is considering its first offshore natural gas production in Guyana, close to the country's maritime border with Suriname, an executive at the U.S. oil and gas group said on Wednesday.Exxon, Hess Corp, and CNOO are…
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…
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…
Esgian's latest market roundup for the fourth week of 2024 brings several updates on new oil discoveries and plans for exploration drilling across the world, together with reports about new contracts and mobilization of rigs. ContractsDragon…