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.
FourPhase, a solids and production performance specialist for the oil and gas sector, has announced a new MSA with Shell Trinidad and Tobago. The MSA involves sand management and production optimisation for Shell Trinidad & Tobago on its topside offshore oil and gas platforms in the Caribbean.
CAF – Development Bank of Latin America and the Caribbean and the Caribbean Development Bank (CDB) have signed a landmark Memorandum of Understanding (MoU) that will strengthen their long-standing partnership and provide increased financing for development across the Caribbean.
There are many workers in the energy sector in Trinidad & Tobago who are skilled and experienced, but who lack any formal certification. These individuals have typically learnt their craft on the job through their direct exposure on maintenance programmes or infrastructure upgrades. They are typically not employed full-time with contractor companies, but pick up temporary work usually when there is a major turnaround taking place.
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 Minister, met separately with executives from natural gas producers, Touchstone Exploration and DeNovo.
Yesterday evening the Joint Chambers donated TT$ 50,000 to SEWA-TT to assist them in their ongoing efforts to bring relief to people impacted by flooding across Trinidad & Tobago. The Joint Chambers Relief Fund is a fund managed by the country’s four major business associations, from which monetary donations can be quickly disbursed to approved NGOs in post-disaster situations in Trinidad & Tobago and elsewhere in the Caribbean.
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 other senior representatives from the Ministry, met separately with executives from major downstream companies, Proman and Caribbean Gas Chemical Limited (CGCL).
In 2024, there were four major producers of natural gas in Trinidad & Tobago, namely bpTT, Shell, EOG Resources and Woodside. Together these companies produce about 95% of the country’s natural gas. Almost all of this comes from offshore fields predominantly off the east of Trinidad and north coasts of Trinidad and Tobago.
Subsea7 has announced that the company was awarded a sizeable contract by Shell for the Aphrodite gas project offshore Trinidad and Tobago.
“Does wind power have a future in the Caribbean?” This was the question posed in the final panel of the Caribbean Sustainable Energy Conference in Port of Spain last week, against a backdrop of scepticism from many commentators about the potential of wind power both in the Caribbean and globally.
Statement by Dr Roodal Moonilal
Minister of Energy and Energy Industries
Saturday June 7, 2025
According to International Energy Agency (IEA) data, the world invested more than US$ 2 trillion in clean energy last year, almost twice as much as it did in fossil fuels. This pushed total energy investment above US$ 3 trillion.
Shell Trinidad and Tobago Ltd. (Shell), a subsidiary of Shell plc, has taken a Final Investment Decision (FID) on the Aphrodite project, an undeveloped gas field in the East Coast Marine Area (ECMA) in Trinidad and Tobago.
Since we met here one year ago, there have been major shifts in the global landscape for sustainable energy. We have seen some major economies cancelling or restructuring previous policies, to encourage investments into lower carbon energy sources; the United States being the most obvious case, but they are not alone: as many other countries have also either scaled back subsidies or pushed back regulatory deadlines that were driving the energy transition.