Shell Trinidad and Tobago announced that the company has taken Final Investment Decision (FID) for the development of Block 22 and NCMA-4 in the North Coast Marine Area (NCMA).
This development project, Colibri, is expected to add a total of 43,100 barrels of oil equivalent per day (boe/d) (250 mmscf/d of gas production) through a series of four subsea natural gas wells.
The Colibri development will also include the installation of flowlines from the wells to the existing Poinsettia Platform located in the NCMA acreage. Drilling of these wells is expected to commence in the second half of 2020, with first gas anticipated in 2022.
According to Shell, the two blocks are held in partnership with the Trinidad and Tobago national oil company, Heritage Petroleum Company Limited.
Eugene Okpere, VP and Country Chair, Shell Trinidad and Tobago said, “We’re really excited to have achieved this milestone coming on the heels of the approval of the Barracuda project in November 2019,”
“Both developments are critical to our near to medium-term growth strategy in Trinidad and Tobago and to our commitment to help secure the country’s energy future,” he added.