All stories
A wide cross section of the Energy Chamber membership, spanning from small locally owned contractors through to major oil and gas operator companies, joined together on 20th November for the Energy Chamber’s annual Local Content Forum. Over one hundred and fifty participants were involved in extensive open and transparent dialogue to discuss major issues impacting the energy services sector and to identify areas for action by the Energy Chamber and other stakeholders in the coming year.
bp has announced that it has been awarded the NCMA 2 block offshore Trinidad as part of the Shallow Water 2023/24 bid round that closed in May 2024.
TechnipFMC has been awarded a major integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract by TotalEnergies for its GranMorgu project on Block 58, the first oil and gas development offshore Suriname. TechnipFMC indicated that the project is worth over $1b
The container ship Maersk Halifax has been converted into a dual-fuel vessel able to operate on methanol. The retrofit operation was conducted at the Zhoushan Xinya Shipyard in China over 88 days with completion at the end of October 2024.
The Joint Chambers (AMCHAM Trinidad and Tobago, Energy Chamber of Trinidad and Tobago, Trinidad and Tobago Chamber of Industry and Commerce & the Trinidad and Tobago Manufacturers’ Association) are partnering with SEWA T&T to help provide potable water to households in communities impacted by flooding.
For the nine months ended 30 September 2024, Trinidad and Tobago NGL Limited (TTNGL/Company) has achieved a remarkable 153.2% increase in profit after tax over the same period in 2023. The Company posted an after-tax profit of TT$82.8 million, up significantly from TT$32.7 million in 2023. This equates to earnings per share of TT$0.53, reflecting an impressive growth of TT$0.32 compared to the prior year
The Joint Chambers calls on the Government of Trinidad & Tobago to urgently take whatever action necessary to immediately resolve the ongoing industrial action causing chaos at the Port of Port of Spain. The lack of affirmative action on this matter is leading to a national crisis, at a most inopportune time of the year when the volume of shipments is typically at its highest and makes it imperative that the port operates efficiently.
Prime Minister Dr. The Honourable Keith Rowley toured the Mento platform at the TOFCO fabrication yard on November 13.
Heritage Petroleum Company Limited (Heritage) welcomed a high-level delegation from Suriname’s national oil company, Staatsolie Maatschappij Suriname N.V. (Staatsolie), at its Corporate Head Office on October 23, 2024. Coordinated by National Energy Corporation of Trinidad and Tobago Limited (National Energy), the Staatsolie’s delegation visit included strategic meetings and site tours with key stakeholders across Trinidad and Tobago’s energy sector, aiming to enhance knowledge exchange and capacity building between the two nations.
Accessing foreign exchange is a major headache for many Energy Chamber members companies, especially small to medium-sized service companies and contractors. These companies need foreign exchange to procure equipment and supplies as well as to pay for things like international certification fees and specialised training. Just like companies outside of the energy sector, many of our members are juggling various accounts with different banks to be able to access the foreign exchange that they require.
The importance of natural gas in today’s world cannot be overstated, since it accounts for about 22.4% of electricity generation. Its future importance as an energy source remains defined by its context, as it will remain a key fuel in the transition to renewables, as the cleanest fossil option available.
The Ministry of Energy and Energy Industries has announced the granting of the Exploration and Production (Public Petroleum Rights) Licence for the Rio Claro Block situated in the Wards of Charuma, Cocal, Ortoire and Guayaguayare to NGC E&P Investments Limited and Primera Oil and Gas Limited, a wholly owned subsidiary of Touchstone Exploration Inc.
Massy Gas Products (Guyana) Ltd (MGPGL) commissioned an Air Separation Plant yesterday at their East Bank Demerara facility. The liquid oxygen and nitrogen plant has a production capacity of 13 tons per day. This cutting-edge facility is designed to meet the growing demands of Guyana’s medical and industrial sectors.
The Centre for Chemical Process Safety (CCPS) recently held a one-day meeting in Trinidad and Tobago, featuring a series of presentations from industry professionals engaged in process safety. At the meeting, Heritage Petroleum’s CEO Erik Keskula gave welcoming remarks and started by saying “If there’s something that keeps me up at night it’s process safety”. Heritage Petroleum was the lead sponsor of the event and hosted the event alongside the CCPS.
Tiger Tanks is the first private sector company in T&T to complete an extensive GHG inventory and mitigation assessment. Over the past few months, the company has partnered with the University of Trinidad and Tobago (UTT) to conduct the assessment. This project allows Tiger Tanks to identify key emission sources and equips the company with the tools needed to implement targeted strategies for reducing those emissions.
The Environmental Management Authority (EMA) has launched a new portal for applications for Certificate of Environmental Clearance (CEC). The new Customer Portal for all CEC applications and payments is now live and is available to all CEC applicants.
Honeywell has announced a strategic collaboration with Chevron to develop advanced artificial intelligence (AI)-Assisted solutions to help operators make decisions to enhance efficiency for refining processes and improve safety within the industrial automation space.
According to most projections, natural gas will play a significant role in the energy mix as the world transitions to lower carbon fuels and renewable energy. The market for fuel like coal and heavy crude will decline, while growth is still expected for natural gas and LNG.
Touchstone has safely commissioned the flowline connecting the Cascadura C surface location to the Cascadura natural gas processing plant, which ties in our Cascadura-2ST1 and Cascadura-3ST1 wells. Additionally, a new natural gas separator has been installed and brought online, expanding the plant's gross natural gas processing capacity to approximately 140 million cubic feet per day.
The theme of the T&T Energy Conference in 2024 was Accelerating Action. The Energy Chamber picked this theme because there was a strong feeling that the actions needed to create a sustainable future for the sector were known and we were moving in the right direction of travel, but things were simply not happening fast enough.
