Trinidad News

 

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…

Venezuela Prods Majors to Revive Offshore Gas Project

Dec 11, 2023

Venezuela has begun contacting energy firms involved in an long-idled offshore gas project to push them to begin new exploration and operations near its maritime border with Guyana, five people close to the talks said.The request to act on blocks…

TDI-Brooks Completes Seismic Program Off Trinidad

Dec 07, 2023

TDI-Brooks, a company specializing in geotechnical and offshore survey projects, said Thursday it has completed multiple shallow hazard surveys off the East Coast of Trinidad for independent hydrocarbon producer Perenco T&T Limited. TDI-Brooks’…

Shell Authorizes Construction Work on Manatee Gas Field

Nov 28, 2023

Shell has authorized contractor McDermott International to start engineering work on its Manatee gas field development project off Trinidad and Tobago's east coast, the contractor disclosed on Tuesday.Trinidad is Latin America's largest LNG exporter…

Venezuela Close to Approving Offshore Gas License with Trinidad, Shell

Nov 20, 2023

Venezuela is close to approving a license for Shell and the National Gas Company of Trinidad and Tobago to develop a promising offshore natural gas field and export its production to the Caribbean country, two people close to the matter said…

US Grants License Amendment to Trinidad for Joint Offshore Gas Project with Venezuela

Oct 18, 2023

The United States has granted an amendment requested by the government of Trinidad and Tobago to a license allowing the joint development of an offshore gas project with Venezuela, the Caribbean country's Energy Minister Stuart Young said on Tuesday…

Venezuela, Trinidad Begin Price Talks for Gas Exports from Dragon field

Oct 09, 2023

Venezuela and Trinidad and Tobago, along with firms participating in a joint offshore project, have begun price negotiations for exporting Venezuelan natural gas to the Caribbean island, following a U.S. authorization received earlier this year…

Trinidad Doubles Shallow-Water Energy Auction

Oct 04, 2023

Trinidad and Tobago on Wednesday launched an auction of 13 shallow-water oil and gas exploration blocks, more than double the number of blocks in its last auction, as the Caribbean nation tries to increase energy supplies for its industrial based…

Shell and Trinidad's National Gas Company Sign New Supply Deal

Sep 25, 2023

Shell on Friday signed an agreement to supply Trinidad and Tobago's National Gas Company (NGC) with natural gas through 2036, including from the yet-to-be developed Manatee offshore field, according to the state gas company.Trinidad and Tobago's…

BP, Shell Reach Agreement with Trinidad to Explore Deepwater Blocks

Sep 22, 2023

A BP Plc and Shell Plc consortium has reached an agreement with Trinidad and Tobago to explore three deepwater blocks for hydrocarbon production in the Caribbean country, Minister of Energy Stuart Young said on Thursday. The deal would help…

Shell Greenlights Development of Trinidad's Manatee Offshore Gas Field

Sep 15, 2023

Shell has given financial approval for the development of the massive Manatee gas field offshore Trinidad and Tobago, the country's Prime Minister Keith Rowley said on Thursday.Trinidad is Latin America's largest LNG exporter, but its flagship…

Shell, Trinidad Weigh Venezuela's Natural Gas Investment Demands

Sep 05, 2023

Shell and Trinidad and Tobago's National Gas Company (NGC) are close to agreeing to credit Venezuela's state-run oil firm for its $1 billion investment in a gas field the three want to jointly develop, four people close to the discussions said…

Venezuela-Trinidad Offshore Gas Project Talks Hit Sticking Point Over Terms

Jul 28, 2023

Negotiations between Venezuela and Trinidad and Tobago to jointly develop an offshore gas field near the maritime border have hit a sticking point following Venezuela's refusal to accept the terms of a U.S. license, the Caribbean nation's Prime Minister Keith Rowley said on Thursday…

Venezuela Expects to Sign Gas Licenses by Year-end, Oil Minister Says

Jul 24, 2023

Venezuelan expects to sign licenses by year-end for developing the nation's vast natural gas reserves, oil minister Pedro Tellechea said on Friday, even amid U.S. sanctions.Most of the South American country's gas reserves remain undeveloped after decades of insufficient investment…

Woodside Returns Trinidad Offshore Exploration Block Found Uneconomic

Jul 13, 2023

Australia's Woodside Energy Group has returned a deepwater block to the Trinidad and Tobago government after an exploration appraisal found it would be uneconomic to develop, a company spokesperson said on Wednesday.Trinidad and Tobago is pushing…

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