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. 

BLISS has opened its 6th Safety Store and 2nd The Boot Store at Atlantic Plaza, Point Lisas. The company said that this one-stop source for PPE and safety footwear will serve Trinidad and Tobago’s industrial estate, supporting downstream operators, contractors, on-site teams, and DIY enthusiasts in the area.

TechnipFMC has been awarded a substantial contract by ExxonMobil Guyana Limited to supply subsea production systems for the Hammerhead development in Guyana’s Stabroek Block.

Ramps Logistics has been shortlisted for the 2025 Breakbulk Awards, marking the first time a technology created in the Caribbean has been recognized at this world stage.

The Energy Chamber along with its members participated in the International Coastal Clean-up (ICC) 2025 at Quinam Beach, located in south Trinidad. The clean-up took place on Saturday, September 20, 2025.

The 2025 Deepwater Bid Round closed today, revealing that the Ministry of Energy and Energy Industries received bids for four blocks. Three of the four bids came from the Chinese energy company, CNOOC International (China National Offshore Oil Corporation). CNOOC has placed bids for blocks TTDAA 30, TTDAA 25, and TTDAA 24. The other bid was received from STIT Energy and Ground Ports Consortium for block TTDAA 5.

The global liquefied natural gas (LNG) market is on a trajectory toward oversupply, posing the primary threat to the industry's stability in the coming years, according to TotalEnergies' chief executive, Patrick Pouyanné.

Predator Oil & Gas (Predator) has completed the acquisition of Challenger Energy (CEG) Group's operations in Trinidad and Tobago. CEG’s operations in Trinidad include three onshore producing fields: Goudron, Inniss-Trinity, and Icacos. Across these fields, there are a total of 250 wells, of which approximately 60 are in production at any given time. Within the fields, regular well workover operations are undertaken on the existing production well stock, including well stimulation operations, reperforations, reactivations, and repairs to shut-in wells, as and when appropriate.

United Oil & Gas (United) has announced that it has been granted the Beach licence in Jamaica. This licence enables United to undertake seabed sampling operations within the Walton Morant Basin, offshore Jamaica.

IRP Fire and Safety Ltd. (IRP) has announced its merger with ROSE Environmental Ltd., adding to several other consolidations in the industry this year. 

Recently ExxonMobil released its annual Energy Outlook 2025 which projects a significant increase in global demand for natural gas over the next quarter-century. According to the outlook, natural gas use is expected to rise more than 20% by 2050 compared to last year's levels. The LNG market projected to double by 2050 as global gas demand grows.

Dr the Honourable Roodal Moonilal, Minister of Energy and Energy Industries, met with the Honourable Dickon Mitchell, Prime Minister of Grenada; Senator the Honourable Claudette Joseph, Attorney General of Grenada and Minister for Legal Affairs, Labour and Consumer Affairs; Mr Rodney George, Advisor, Ministry of Infrastructure, Public Utilities, Civil Aviation and Transportation, and Advisor in the Ministry of Climate Resilience, the Environment and Renewable Energy; and Mr V. Nazim Burke, Chairman of Grenada’s Hydrocarbons Technical Working Group, Ministry of Infrastructure, Public Utilities, Civil Aviation and Transportation.

The NGC Group has recorded a profit after tax of TT$1.6 billion for the financial year ended 31 December 2024.

This is a recovery for the NGC Group from a loss-making position at the end of 2023. Last year the company reported a loss of TT$1.3 billion, which was principally as a result of impairment charges of TT$1.8 billion. The 2024 profit represents an improvement of TT$2.9 billion from last year.

ExxonMobil Guyana started production today at Yellowtail, the fourth oil development in Guyana’s offshore Stabroek block. Yellowtail’s ONE GUYANA floating production storage and offloading (FPSO) vessel joins the Destiny, Unity, and Prosperity FPSOs, bringing total installed capacity in Guyana to above 900,000 barrels of oil per day. 

bp plc announced a "fundamental reset" earlier this year, pivoting its strategy away from renewables and back toward fossil fuels after years of underperforming in the capital markets compared to its major peers such as Shell and Exxon.  Early indications are that this new direction seems to be paying off in the capital markets, with Q2 results surpassing earnings expectations and share prices rising with the news and on the back of an extremely promising exploration successes in Brazil and Namibia.

Trinidad and Tobago's government has agreed to award U.S. oil major ExxonMobil acreage in an ultra-deep area that includes seven blocks to explore for oil and gas, two senior government officials told Reuters.

Blue Water Shipping has announced that it has secured the Rig Agency and the Logistics & Shorebase support contract for Noble Corporation's operations in Block 52.

EnerMech has won a contract extension for work carried out on platforms offshore Trinidad and Tobago operated by bpTT.