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Perenco has announced the completion of the acquisition of the Greater Angostura producing oil and gas assets and associated production facilities from Woodside Energy in Trinidad & Tobago. The finalization of the deal, combined with Perenco’s existing operation of the Teak, Samaan and Poui (TSP) and Cashima, Amherstia, Flamboyant and Immortelle (“CAFI”) fields, aligns Perenco as a major oil and gas producer in country.
The Brechin Castle Solar Limited, (a joint venture of bp, Shell, and a subsidiary of the National Gas Company of Trinidad and Tobago), welcomed key government officials and stakeholders to its project site in Couva.
The Honourable Ernesto Kesar, Minister in the Ministry of Energy and Energy Industries accompanied by Karinsa Tulsie, Permanent Secretary (Ag.) and representatives of the Renewable Energy Division of the Ministry of Energy and Energy Industries attended the Prize Giving Ceremony of the Renewable Rivalry National Competition. The event was hosted by the University of Trinidad and Tobago (UTT).
Dr. The Honourable Roodal Moonilal, Minister of Energy and Energy Industries; The Honourable Ernesto Kesar, Minister in the Ministry of Energy and Energy Industries along with senior representatives from the Ministry of Energy and Energy Industries with executives from EOG Resources Limited
Trinidad and Tobago was the second largest methanol exporter in the world in 2024. The country exported 4,071.3 thousand tonnes of methanol and generated USD $1.3 billion in export sales.
The Government of the Republic of Trinidad and Tobago (T&T) led by the Honourable Kamla Persad-Bissessar S.C., M.P, Prime Minister of the Republic of Trinidad and Tobago has announced that T&T will join the Global Biofuels Alliance. The announcement was made after a special Joint Assembly of the Senate and the House of Representatives, held on the occasion of the Official Visit to the Republic of Trinidad and Tobago by His Excellency Shri Narendra Modi, Prime Minister of the Republic of India.
Methanex Corporation has announced that it has completed the previously announced acquisition of OCI Global’s (“OCI”) international methanol business.
Predator Oil & Gas Holdings (Predator), a Jersey-based Oil and Gas Company with hydrocarbon operations and production activities focused on Morocco and Trinidad has experienced some short term delays in their acquisition of Challenger Energy Group’s (CEG) operations in T&T.
LNG is one of Trinidad and Tobago’s top exports. Atlantic, the country’s LNG producer, exports to about 17 countries around the world. These can be broken into five regional markets: North America, South and Central America, Europe, Middle East and Africa and Asia Pacific; T&T supplies LNG into each of these markets. T&T exported 10.3 bcm of LNG around the world in 2024, a slight decline from 2023 when the country exported 10.5 bcm and a significant decline from a 10 year high of 17.1 bcm, in 2015.
Dr. the Honourable Roodal Moonilal, Minister of Energy and Energy Industries met with Shell’s Country Senior Leadership Team during their mid-year review to sharpen focus on future growth and sustainable energy transition.
Good morning, it is an honour to address this symposium on the rejuvenation of our mature basins – a timely topic. It is noteworthy too that this is the first time I am addressing members of the oil and gas fraternity.
I am also pleased that the opportunity has presented itself from the SPE, one of the most recognized professional organizations in the world of oil and gas with members whose intellectual and technical inputs will be important to Trinidad and Tobago going forward.
The Energy Chamber of Trinidad and Tobago warmly welcomes the statements made by the Honourable Roodal Moonilal to address the ease of doing business in the energy sector. Increasing the pace of approvals is one of the six key points identified by the Energy Chamber to increase oil and natural gas production. Improving the ease of doing business within the sector will have substantial net benefits to project execution and shorter timelines to first oil or gas and significantly improves project economics.
The Ministry of Energy and Energy Industries recently released the first quarter production data from the energy sector in Trinidad and Tobago.
In the first quarter of 2025, there were short-term increases in the production of crude oil but declines in the production of natural gas and gas-related industries like LNG, methanol, and ammonia production. The data highlights some core issues within the energy sector. Looking at monthly and quarterly data and even single year data often be a bit misleading as it ignores critical historical information.
The Green Fund is an often-overlooked asset in Trinidad and Tobago. It has been quietly accumulating a significant amount of funds and is rarely ever tapped. At present, the fund contains over $11 billion TT dollars, but only around $326 million has ever been disbursed in 16 years. This data was recently released with the Auditor General’s Report 2024.
The Honourable Kamla Persad-Bissessar S.C., M.P., Prime Minister of the Republic of Trinidad and Tobago along with 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, met with senior representatives from Proman.
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 senior members of the Ministry, met with Eduard Vasilyev, Executive Director, Global Petroleum Group and Leonid Mironov, Finance and Corporate Affairs Officer, Global Petroleum Group (GPG).
Last week’s Suriname Energy Oil and Gas Summit and Exhibition (SEOGS 2025) was the first since the historic announcement of a final investment decision for the GranMorgu development by TotalEnergies and their partners in October last year. It was therefore not surprising that it garnered a lot of attention and interest from the global oil and gas community. There was a heavy Trinidad & Tobago presence in Paramaribo last week, with participation from the Ministry of Energy and Energy Industries, state-enterprises and the T&T private sector, including many members of the Energy Chamber of T&T. There are also many Trinidadians working for international service companies who were represented at the event.
SBM Offshore has announced that it has signed an operations and maintenance contract with TotalEnergies EP Suriname B.V., an affiliate of TotalEnergies, for the FPSO GranMorgu, as part of the field development project located in Block 58 in Suriname.
Trinidad and Tobago is the largest exporter of ammonia in the world. In 2024, the country produced more than four million tons and exported almost all of it, generating substantial foreign exchange in the process. Most ammonia goes into the production of fertilisers, though there are other uses.
Staatsolie Maatschappij Suriname N.V. has announced the signing of a production sharing contract (PSC) with PETRONAS Suriname E&P B.V. (PSEPBV) and Paradise Oil Company N.V. (POC) for Block 66 in Suriname's deep offshore.
