Northern Ocean has signed a contract with a Shell subsidiary for the Deepsea Mira drilling rig, with operations expected to begin in April 2027.

The firm programme will cover Trinidad and Tobago and the wider Caribbean for an estimated 150 days. Northern Ocean said the contract is worth about US$70 million, including mobilisation and demobilisation costs. Shell also has an option for an additional one-year programme, which could increase the total contract value to about US$226 million.

Baker Hughes has signed two agreements to support Venezuela’s natural gas infrastructure and future oil and gas development, with domestic supply and potential LNG exports among the objectives.

Perenco Brazil and Porto do Açu have signed a Letter of Intent (LOI) to develop the first offshore platform electrification project in the Campos Basin.

Dr. The Honourable Roodal Moonilal, Minister of Energy and Energy Industries, together with Minister in the Ministry of Energy and Energy Industries, The Honourable Ernesto Kesar; Permanent Secretary, Ms. Karinsa Tulsie; and Chief Technical Officer, Mr. Marc Rudder, met with executives of SLB at the Head Office of the Ministry of Energy and Energy Industries, International Waterfront Complex.

Shell Canada Energy, an affiliate of Shell plc ("Shell"), today announced a final investment decision on LNG Canada Phase 2, which will double production capacity at the facility in Kitimat, British Columbia. 

Central to that story is Clinton B. Ramberansingh, whose own career began on the plant floor and whose leadership shaped the development and success of IPSL.

Halliburton has signed memorandums of understanding with Eneva and WESCA to support oil and gas development opportunities in Venezuela, the company announced on September 21.

ExxonMobil and its partners have produced one billion barrels of oil from Guyana’s Stabroek block, less than seven years after production began in December 2019.

The British High Commission in Port of Spain, in collaboration with UWI St. Augustine, launched the ‘Assessment of National Carbon Pricing Policies in Trinidad and Tobago’, a study examining how carbon pricing could support climate action while contributing to the country's long-term development objectives.

Trinidad Offshore Fabricators Unlimited (TOFCO) has announced that it has successfully completed over 1 million inches of structural welding in one year, with a structural weld repair rate of just 0.138%.

ExxonMobil could drill an exploration well in Trinidad and Tobago’s ultra-deepwater TTUD-1 block in late 2027 or early 2028, with seismic data acquired and processed images expected by the end of 2026. 

The National Gas Company of Trinidad and Tobago (NGC) has signed a term sheet with EOG Resources and bpTT to acquire 100% of EOG’s natural gas volumes from the offshore Coconut development, Chairman Gerald Ramdeen announced.

The National Gas Company of Trinidad and Tobago Limited (NGC) has executed the final commercial agreements with Shell Trinidad and Tobago Limited (Shell) in support of the Aphrodite project. According to the NGC, these agreements, were finalised in early September 2026 and represent a significant increase in the ability of NGC to monetise the resources that belong to the people of this country for their benefit.

The Energy Chamber of Trinidad and Tobago is encouraged by the recent meeting between the President of the Bolivarian Republic of Venezuela, Her Excellency Delcy Rodríguez Gómez, and the Prime Minister of the Republic of Trinidad and Tobago, the Honourable Kamla Persad-Bissessar S.C. MP. The discussions, held at the Permanent Mission of the Bolivarian Republic of Venezuela to the United Nations during the 81st session of the UN General Assembly, mark a significant step forward for regional cooperation.

Senegal and Eni have signed a memorandum of understanding to carry out preliminary studies on five offshore oil and gas blocks. 

Petrobras has signed a 20-year agreement with Sempra Infrastructure for the supply of liquefied natural gas (LNG) from the United States. 

Guyana is planning further investment in its electricity grid as power demand continues to rise across the country. 

Guardian Decommissioning has announced the official opening of its new office in Trinidad and Tobago, further strengthening its presence in the region and reinforcing its commitment to delivering safe, efficient and sustainable decommissioning solutions for the energy sector.

Proman and Dumore Enterprises announced the launch of four 100% methanol-powered Geely trucks at an event in Trinidad, representing the first such vehicles on the road outside of China, and placing Trinidad and Tobago at the forefront of an emerging application for methanol as a transportation fuel.

Guyana’s government expects initial firing and testing of the first turbine at the Wales Gas-to-Energy Project in December. The turbine is expected to provide about 57 megawatts (MW) to the national grid.