The Ministry of Energy and Energy Industries (MEEI) has announced the resumption of development drilling in the Central Block with the commencement of the Carapal Ridge-3 Development Well. This marks the first development well drilled in this block since 2006.

Eurotecnica, part of the Proman family of companies, has strengthened its position as the global leader in high-pressure melamine production technology with two major milestones in China: the signing of a new world-scale melamine contract with China Coal Ordos Energy & Chemical Co. Ltd., and the formal acceptance of a 60,000 tonnes-per-year G5 Euromel® plant delivered to Shaanxi Longhua Group Coal Technology Development Co., Ltd.

Eight major downstream petrochemical producers in Trinidad and Tobago have confirmed their participation in the Energy Chamber’s Annual Downstream Forum. The event will be held virtually on December 3, 2025.

Seismic data acquisition has commenced in the shallow offshore waters off the coasts of Saramacca and Coronie, according to Staatsolie, Suriname’s state oil company. This survey is a joint project between Staatsolie Maatschappij Suriname N.V., the Chinese Bureau of Geophysical Prospecting (BGP Offshore), and the Norwegian/American company Tomlinson Geophysical Services Inc. (TGS).

The Government recently engaged in a series of high-level meetings with key international and local stakeholders in the petrochemical sector. Over the last couple of days, the Prime Minister and Ministers of Energy and Energy Industries met with Nutrien, Pt Lisas Nitrogen Limited (PLNL) and Caribbean Gas Chemical Limited (CGCL).

The Joint Chambers of Trinidad and Tobago (comprising the Trinidad and Tobago Chamber of Industry and Commerce, the Energy Chamber, the American Chamber of Commerce of Trinidad & Tobago, and the Trinidad and Tobago Manufacturers’ Association) have announced a donation of Jamaican $2.5 million (approximately TT$100,000) to the Jamaica Chamber of Commerce (JCC) to assist with recovery and relief efforts being coordinated through the Jamaican Private Sector Task Force.

Proman, the sole producer of Urea Ammonium Nitrate (UAN) in Trinidad and the world’s second-largest exporter of UAN to the United States, welcomes the US Government’s decision to remove the 15% tariffs previously imposed on imports of fertilizers into the country.

PETRONAS together with Staatsolie Maatschappij Suriname N.V. (Staatsolie), has achieved a significant milestone with the Declaration of Commerciality (DoC) of Sloanea field in Block 52, marking Suriname’s first gas development milestone in its expanding deepwater energy landscape.

Rolls-Royce has successfully tested the world’s first high-speed marine engine powered exclusively by methanol on its test bench in Friedrichshafen. Together with their partners in the meOHmare research project, Rolls-Royce engineers have thus reached an important milestone on the road to climate-neutral and environmentally friendly propulsion solutions for shipping.

Philip Mshelbila, Managing Director of Nigeria LNG Limited, has been elected Secretary General of the Gas Exporting Countries Forum (GECF). Mshelbila assumes the position from outgoing Secretary General Mohamed Hamel, who led the organization through a period of significant growth and development.

Trinidad Offshore Fabricators Company Limited (TOFCO) has announced the successful float-off of the Manatee Jacket – Row C which occurred on October 1st, marking a major milestone in the execution of this offshore project.

The Energy Chamber hosted its Post AGM Event: Building Guyana - T&T Private Sector Collaboration on October 24th 2025. The event featured a keynote address by Kathy Smith, President of the Georgetown Chamber of Commerce and Industry (GCCI) which was followed by a panel discussion with leaders from several energy services companies in T&T. The discussions focused on opportunities for collaboration and the removal of non-tariff barriers and alleviating port congestion issues.

DOF Group has secured contract extensions that will keep two subsea vessels at work in Guyana.

The global supply chain for oil and gas project procurement is entering a period of contrast, with significant easing expected in some areas—like drilling and vessels—while other critical segments, notably subsea equipment and gas-related infrastructure, remain severely constrained. Analysts anticipate a general improvement in the procurement of critical infrastructure and equipment starting in 2026, a shift largely driven by a temporary slowdown in overall project activity.

Staatsolie has announced that Chevron Suriname Exploration Limited will begin drilling this month on the exploration well, named Korikori-1. This well is located approximately 78 kilometers offshore, in the northern part of Block 5, at a water depth of approximately 40 meters. Block 5 is operated by Chevron (40%) in partnership with Paradise Oil Company (40%) and Qatar Energy (20%). 

The Attorney General of Trinidad and Tobago, John Jeremie, has announced that the Department of the Treasury of the U.S. has granted the OFAC license to pursue the exploration of the Dragon gas field in Venezuela. 

The International Maritime Organization (IMO) has set forth a Net-Zero Shipping Framework (NZF) with the intention of reducing emissions in the maritime sector. It was approved in April 2025 and is set for adoption in October 2025, pending a vote which will take place during the Marine Environmental Protection Committee meeting from October 14th – 17th.

Proman has announced that its upstream company DeNovo Energy Limited, is now Proman Energy Limited. The rebrand reflects the integral role of the upstream business within Proman’s operations and ensures greater alignment and visibility across our integrated value chain.

ExxonMobil has made a final investment decision for the Hammerhead development offshore Guyana, after receiving the required regulatory approvals. Hammerhead, the seventh project on the Stabroek block, is anticipated to come online in 2029.

The Energy Chamber of Trinidad & Tobago warmly welcomes the announcement from the Honourable Kamla Persad Bissessar, Prime Minster of Trinidad & Tobago, that the Government of the United States intends to issue new OFAC licenses to allow discussions to continue with Venezuela, for the development of cross-border hydrocarbon resources.