Brazilian state-run oil company Petrobras has signed a contract with Halliburton to drill four onshore wells in Rio de Janeiro state for Latin America's first industrial carbon capture and storage (CCS) pilot project.
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The National Gas Company of Trinidad and Tobago (NGC) reported a profit after tax of TT$3.46 billion for the 2025 financial year, a 111% surge driven by higher revenues across its gas and liquefied natural gas (LNG) operations and stringent cost-cutting measures.
Brazil’s oil and gas regulator has approved the development plan for Shell’s Orca and Sul de Orca project in the pre-salt Santos Basin, clearing another regulatory milestone for the development ahead of planned production in 2029.
Argentina LNG has applied to join the country’s large-investment incentive programme for a US$51 billion project aimed at turning Vaca Muerta gas into a new source of LNG exports.
The United States is offering more than 80 million acres in the Gulf of Mexico for oil and gas leasing as the government continues a new schedule of regular offshore auctions.
Norway-based maritime operator DOF Group has secured firm contracts to deploy two of its anchor handling tug supply (AHTS) vessels in the Caribbean Community (CARICOM) region.
New Providence Gas (NPG), the joint venture developing an LNG import terminal in The Bahamas, has selected Norwegian company ECOnnect Energy to supply a floating LNG transfer system for the project.
The Energy Chamber of Trinidad and Tobago has, for the first time, convened a task force comprised of female professionals from member companies representing the entire energy value chain.
bp has agreed to acquire Woodside Energy’s 70% interest in Block TTDAA 14, the Calypso gas project in Trinidad and Tobago, increasing bp’s stake to 100% and assuming operatorship.
The Government of Grenada has terminated the Development Licence and Production Sharing Agreement (PSA) it held with Global Petroleum Group (GPG), ending an offshore oil and gas arrangement that dates back nearly two decades without reaching commercial production.
Valaris has completed a two-well workover and completion campaign for bp Trinidad and Tobago nearly 17 days ahead of schedule, bringing the company’s latest offshore assignment in Trinidad to an early close.
The Energy Chamber of Trinidad and Tobago and the Georgetown Chamber of Commerce and Industry (GCCI) have officially entered into a strategic Memorandum of Understanding (MOU), marking a significant milestone in the deepening of bilateral private-sector relations between the two nations. The signing ceremony took place on the sidelines of the 2026 Offshore Technology Conference (OTC) in Houston, Texas.
Valaris, a major offshore drilling contractor, has officially set up an office in Port of Spain, Trinidad. The company operates the world’s largest offshore drilling fleet, working across six continents in nearly every major offshore basin.
Guyana’s President Dr. Mohamed Irfaan Ali has said current levels of global energy investment are not enough to meet rising demand, as he called for a more balanced approach to energy security and the energy transition.
St. Kitts and Nevis has launched a competitive tender for a major solar and battery energy storage project, marking an important step in the Federation’s efforts to reduce reliance on imported fuel and strengthen energy security.
Italian energy company Eni has signed a programmatic agreement with Venezuela’s Ministry of Hydrocarbons and state-owned Petróleos de Venezuela S.A. (PDVSA) to relaunch oil activities at the Junín-5 project in the Orinoco Belt, marking another step in Venezuela’s renewed push to rebuild its hydrocarbons sector.
The University of the West Indies (UWI), St Augustine Campus, has received a CAD$100,000 grant from Scotiabank’s Climate Action Research Fund to support a green hydrogen research project aimed at helping decarbonise Trinidad and Tobago’s petrochemical sector. The funding was announced on April 21, 2026.
Caribbean Gas Chemical Limited (CGCL) recently welcomed a delegation from the Japan Bank for International Cooperation (JBIC), for an official site visit. The delegation included Mr. Yasukazu Oono, Director, Energy Solution Finance Department, and Mr. Ryuji Nakajima from the Energy Solution Finance Department.
bp has announced a significant gas and condensate discovery offshore Egypt following the successful drilling of the Denise W-1 exploration well in the Temsah Concession, located in the Eastern Mediterranean.
Sawgrass LNG & Power has announced the successful completion of the first-ever shore-to-ship liquefied natural gas (LNG) bunkering operation at Port Everglades in Fort Lauderdale, fueling the Ritz-Carlton Yacht Collection vessel, Ilma.