Perenco T&T Limited has announced the successful drilling of the Onyx well and sidetrack in the eastern part of the Onyx field. The two legs encountered significant columns of natural gas in two separate geological compartments.
Trinidad and Tobago is on the verge of a significant renewable energy achievement with the upcoming completion of the Brechin Castle Solar Farm, the largest solar project in the region. Located on 238 hectares of land northeast of Point Lisas, the solar farm is a joint venture between BCSL (Brechin Castle Solar Farm Ltd)—a partnership comprising bpTT, Shell, and the National Gas Company of Trinidad and Tobago Limited—and Grupotec, the Spain-based EPC contractor leading the construction.
Dr. the Honourable Roodal Moonilal, Minister of Energy and Energy Industries and the Honourable Ernesto Kesar, Minister in the Ministry of Energy and Energy Industries along with Ms. Penelope Bradshaw-Niles, Permanent Secretary at the Ministry of Energy and Energy Industries; Ms. Karinsa Tulsie, Permanent Secretary (Ag.) at the Ministry of Energy and Energy Industries; and Mr. Marc Rudder, Deputy Permanent Secretary (Ag.) at the Ministry of Energy and Energy Industries met with the heads of all energy related state enterprises.
It is well known that natural gas production in Trinidad & Tobago has been on a downward trend for over a decade. This obviously means that the volume of natural gas consumed or processed has also declined. In 2015, the country utilized natural gas at a rate of just over 3.5 bcf/d but in 2024 this reduced to just 2.4bcf/d.
Dr. the Honourable Roodal Moonilal, Minister of Energy and Energy Industries and the Honourable Ernesto Kesar, Minister in the Ministry of Energy and Energy Industries along with Ms. Penelope Bradshaw-Niles, Permanent Secretary at the Ministry of Energy and Energy Industries, met with a delegation from the Department for Energy Security and Net Zero of the United Kingdom led by Minister Kerry McCarthy, Parliamentary Under Secretary of State for the Department for Energy Security and Net Zero. The meeting took place on 7th May 2025 at the Ministry of Energy and Energy Industries’ International Waterfront Complex, Head Office, Port-of-Spain.
EOG Resources recently released their Q1 results for 2025. In the report, the company indicated that it made an oil discovery at the Beryl well in the TSP Deep Area off Trinidad's east coast.
Trinidad and Tobago’s offshore oil and gas sector typically generates more attention on the onshore sector. This is not surprising as the offshore sector produces about 65% of the country’s crude oil production and 98% of the natural gas production. It also generates the high value contracts and exciting opportunities for contractors which make international industry news.
The Energy Chamber of Trinidad & Tobago has noted the Prime Minister and Minister of Energy’s statements on the possibility of securing gas resources in Grenada.
The Energy Chamber of Trinidad & Tobago extends congratulations to Hon. Dr. Roodal Moonilal on his appointment as the Minister of Energy and Energy Industries. We look forward to collaborating closely with the incoming Minister on behalf of our 400 member companies, as we seek to build a resilient energy sector that delivers value for the people of Trinidad & Tobago.
Rig count is a standard measure of activity in the oil and gas industry. It refers to the number of active drilling rigs in operation at any given time. It is a key indicator for the health of the industry and also a good indicator for future production, investor confidence and the demand for energy support services, especially for drilling-related services and provision of equipment.
Subsea 7 has announced that the Subsea Integration Alliance (SIA) was awarded the engineering, procurement, construction, and installation (EPCI) contract for the bp Ginger project, offshore Trinidad and Tobago.
The Energy Chamber of Trinidad & Tobago extends congratulations to the Honourable Kamla Persad-Bissessar S.C. and the United National Congress on their victory in the 2025 Trinidad & Tobago general election.
Perenco has announced the successful conclusion of the UK’s first Carbon Dioxide (CO2) injection test for Carbon Capture and Storage (CCS). The test involved the injection of CO2 into a depleted natural gas reservoir in the UK’s Southern North Sea, marking a major milestone for Project Poseidon and the UK’s broader decarbonisation strategy.
Vice President of Guyana, Hon. Dr. Bharrat Jagdeo in a recent press conference, indicated that the Guyanese government is willing to explore the feasibility of exporting natural gas to Trinidad and Tobago for processing.
In CARICOM, there is currently approximately 289 MW of installed solar power generation capacity, with 138MW under construction. The most successful country thus far has been Jamaica with 117 MW of installed solar. Jamaica is also the country with the most diverse renewable energy mix for power which also includes hydroelectric, wind and biofuels – to supplement their hydrocarbon-based power generation (mostly imported LNG).
As we continue to look at the projects which were selected by our judges for presentation at the T&T Energy Conference 2025, during the Innovation and Technology Challenge, we are pleased to highlight one submitted by another of our member companies, TOSL Engineering. The featured project which was presented by Dave Ramnarine, Team Lead Chemical Process and Asset Integrity Solutions, TOSL Engineering Limited, is the first implementation of an energy-efficient district cooling system in Trinidad and Tobago, designed specifically for Small Island Developing States (SIDS).
Proman has announced the appointments of Anand Ragbir as Managing Director of Proman Trinidad, and Giselle Thompson, as Deputy Managing Director of Proman Trinidad.
Over the past two weeks global news has been dominated by international trade and the impact of tariffs introduced (and then partially removed) by the United States of America. Businesses and government have been scrambling to understand the implications of the tariffs and how to respond. Imports into the USA from most countries in the world, including Trinidad & Tobago, are now subject to a new 10% tariff with some exceptions.
A key part of a national diversification strategy also includes the development of companies that are able to export services. In the energy sector many energy services companies have been successful in landing contracts regionally as the market for energy services opens up in Guyana and Suriname. The Energy Chamber has worked with its members to penetrate those regional markets and has also worked to open up other potential markets outside of the region. Back in 2011 the Energy Chamber led a trade mission to several nations in West Africa, including Ghana, Nigeria, Kenya, Rwanda, Tanzania and Uganda.
The chaos in global trading networks created by the United States’ tariffs and the trade war between the world’s two biggest economies has serious implications for Trinidad & Tobago. The most immediate impact is through the sharp drop in oil prices, with benchmark Brent dropping from close to US$75 a barrel at the beginning to April to US$64 by the end of last week (check close today). This drop was in response to both the economic uncertainty created by the tariffs and an OPEC decision to increase production.