Perenco T&T Limited has announced the completion of the acquisition of the Cashima, Amherstia, Flamboyant & Immortelle offshore gas fields and associated production facilities, as well as the undeveloped resources from the Parang field (CAFI asset), from bp Trinidad and Tobago (bpTT). The acquisition, combined with Perenco’s operation of the TSP fields, aligns Perenco as a major gas producer in Trinidad and Tobago.
Commenting on the announcement, Gregoire de Courcelles, Perenco T&T General Manager, said, “Completion of the acquisition of these gas fields is an important milestone for Perenco in Trinidad & Tobago. The acquisition allows us to further strengthen our partnership with bpTT and the Government of Trinidad & Tobago. Furthermore, it will enable us to play an important & positive role in securing the future of the energy sector in the country, which remains integral to economic and social development. We look forward to deploying our specific mature field knowledge & expertise onto the CAFI asset while ensuring the safety of our people, preservation of the environment and long-lasting gas production from the asset. I would like to thank the Ministry of Energy and Energy Industries, the team at bpTT, and especially, all of the persons at Perenco who worked diligently & tirelessly to make the transition a success, and finally, I wish to warmly welcome our new colleagues to the Perenco family.”