The proposed all-stock merger between Bahamas Petroleum Company and Columbus Energy Resources was sanctioned by the court on Wednesday, paving way for the merger execution. Bahamas Petroleum Company, an oil firm with exploration assets in the Bahamas, and as of recently offshore Uruguay, and Trinidad-focused oil and gas production Columbus Energy Resources first announced intention to merge in June…
Oil and gas environmental management and compliance services company Tems International has said it has won 'a major contract' for work in offshore Trinidad and Tobago.Aberdeen-based Tems said this week that the contract had started in September…
Energy logistics provider Peterson has signed a project logistics services contract with Schlumberger's OneSubsea to support its work on BP's Matapal project offshore Trinidad and Tobago.BP sanctioned the development of the Matapal project in December 2019…
Oslo-listed offshore services company Subsea 7 has won a 'sizable' contract for work offshore Trinidad & Tobago. This means the value of the contract falls between $50 million and $150 million.Subsea 7, which did not say who the client was, said the contract was for the project management…
BHP and the National Gas Company of Trinidad and Tobago have successfully completed negotiations for a Gas Sales Agreement for the Ruby offshore field.The Ruby oil and gas field is located in Block 3(a), off the east coast of Trinidad, and is…
Subsea equipment solutions specialist Ashtead Technology has entered into a partnership with Trinidad and Tobago-based Reliance Subsea Services Limited.The US-arm of Aberdeen-based Ashtead will provide subsea survey and ROV equipment through…
Offshore engineering firm Aquaterra Energy has been awarded the Front End Engineering and Design (FEED) contract by DeNovo Energy for a second Sea Swift platform to be located in the Zandolie field, off of the west coast of Trinidad and Tobago…
Trinidad and Tobago has canceled an agreement with Venezuela for the joint development of a natural gas field straddling their maritime border because of U.S. sanctions on Venezuela's state energy company PDVSA. The Caribbean island nation is a major exporter of liquefied natural gas (LNG)…
Norwegian offshore vessel owner DOF Subsea has secured several contracts for two of its offshore vessels, with undisclosed clients.DOF subsea said it would carry out for pre-lay and LBL array installation activities in Guyana, subsea installation…
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