The Noble Fleet Report for December reveals that the company has secured a contract with BHP for work in Trinidad. The update highlights that the contract begins in September 2020 and ends in February 2021.
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Transocean announced that the semisubmersible Development Driller III has been awarded a one-year contract off the coast of Trinidad and Tobago.
Touchstone announced final production test results for the Coho-1 well on the Ortoire exploration block. According to the company, flow and build-up test results suggest an Absolute Open Flow (AOF) rate of 46.0 million cubic feet per day (mmcfd) which is equivalent to approximately 7,671 barrels of oil equivalent per day (boe/d).
Maersk Drilling has announced that the company has secured a three-well contract for the semi-submersible rig Maersk Discoverer with BP for development drilling at the Matapal project offshore Trinidad and Tobago.
Touchstone Exploration announced that the company has made a significant crude oil discovery with the Cascadura-1ST1 well on the Ortoire exploration block, onshore Trinidad.
Aker Solutions announced that the company was awarded the contract to deliver front-end engineering and design (FEED) for the first platform in a potential series of future assets within BP’s Trinidad and Tobago (BPTT) portfolio.
Recently BPTT hosted a technology open house at their Albion Plaza headquarters in Trinidad. Speaking at the event, Regional President, Claire Fitzpatrick said that “Technology is central to achieving our energy future”.
Valaris, the company formed after the merger of Ensco and Rowan has announced a series of new drilling contracts around the world including the Gulf of Mexico, North Sea and one contract extension in Trinidad for two-wells.
Australian Gas Networks (AGN) announced the construction start of a pilot facility in South Australia that will produce green hydrogen and blend some of it into the local gas distribution network.
Honeywell announced that it will design and deliver the Integrated Control and Safety System (ICSS) that will help BP remotely manage its offshore compression platform off Trinidad and Tobago’s southeast coast.
Heritage Petroleum Company Limited (HPCL) has confirmed that surveillance and a sting operation at a scrap yard in the Penal area has led to the discovery of seventeen (17) motors belonging to Heritage Petroleum Company Limited (HPCL) and its Lease Operators.
The National Gas Company of Trinidad and Tobago Limited (NGC) and Shell Trinidad and Tobago Limited (Shell T&T) announced that they have successfully concluded negotiations for a fully-termed Domestic Gas Sales Contract (“DGSC”).
Touchstone President and CEO, Paul Baay said "These positive well test results represent a new era for Touchstone as we expect to add significant natural gas volumes to our production base. The results outline the opportunities that still exist for onshore Trinidad exploration and position Touchstone to become a top three onshore petroleum producer.”
BP Trinidad & Tobago (BPTT) announced that it has made a gas discovery with the Ginger exploration well, offshore Trinidad.
Saipem reports that it has been awarded a subsea contract by ExxonMobil subsidiary Esso Exploration and Production Guyana Limited for the proposed Payara development project, located in the Stabroek block offshore Guyana at a water depth of around 2000 metres.
The Energy Chamber is saddened to learn that the Yara ammonia plant in Point Lisas will be closing at the end of the year. The Energy Chamber would like to acknowledge in particular, the impact of this decision on the Yara employees and the contractor workforce who will be negatively affected by the closure.
Maersk has announced that it has entered a contract with BG International Ltd., a subsidiary of Shell, for work offshore Trinidad and Tobago on a two-well development project for the semi-submersible rig Mærsk Developer.
BHP are targeting a Final Investment Decision (FID) on their Trinidad & Tobago northern area deepwater gas development by 2021/22, with first gas project for 2026, once the project is approved. In an investor update on 11th November 2019, Geraldine Slattery, President Operations, Petroleum BHP, provided significant details on BHP’s potential deepwater developments in Trinidad and Tobago.
MHTL, a member of the Proman Family of Companies announced the completion of a 1 billion dollar term facility. The term facility bears interest at a rate of 5.5% per annum for the first 18 months. The term facility has a tenor of three years and is unsecured with interest payable semi-annually.
The Dutch super major Shell, has strengthened its position in renewable energy. The company has acquired 100% of EOLFI, a French renewable energy developer specialised in floating wind projects.