Honourable Stuart R. Young, M.P. Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister, along with Mrs. Penelope Bradshaw-Niles, Permanent Secretary at the Ministry of Energy and Energy Industries, met with bp executives at the Ministry of Energy and Energy Industries’ International Waterfront Complex, Head Office, Port-of-Spain.
It is my pleasure and privilege to be here with you today as we convene to address one of the most paramount aspects of our industry – process safety. The Energy Chamber has taken a strategic decision to place a strong focus on process safety and to advocate for measures that will improve process safety (including asset integrity measures) in Trinidad & Tobago. This includes both measures to be taken by industry through joint efforts as well as measures to be taken by state regulatory agencies. It is also anticipated that the Energy Chamber will share experiences and lessons learnt with other countries in the Caribbean region.
Heritage Petroleum Company Limited (Heritage) has announced the commissioning of its latest offshore oil well, S-938, marking a significant milestone in its field development efforts. Situated within the Soldado East Field, S-938 has an expected average daily rate of 500 barrels of oil per day (bopd).