BHP has recently moved its North American Petroleum Accounting and Reporting functions from Houston to Port of Spain, Trinidad and Tobago. At first sight, this may not seem a particularly newsworthy event, but the relocation of this important function represents a rare win in Trinidad and Tobago’s national diversification strategy, which has emphasised the development of service exports to complement the traditional export of oil, gas and petrochemicals. By relocating accounting services from Houston to Port of Spain, BHP will be exporting accounting services from Trinidad and Tobago to the USA and other countries in the region.
