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 and Trinidad on Thursday signed a 30-year license granting Shell and NGC the rights to produce the gas and export it to Trinidad. The…

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…

Valaris Jack-Up Rig Docks in Trinidad

Jan 25, 2024

Heavy duty modern jack-up rig Valaris 118 has arrived at the shipyard in Chaguaramas in Trinidad for routine maintenance ahead of new campaign with BP.Valaris 118 rig will be engaged on a six-well contract extension with BP, expected to begin in March 2024…

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…

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…

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Animal Welfare Groups Call For Live Sheep Export Ban Timetable

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