The Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister, the Honourable Stuart R. Young, M.P., held a meeting with BHP Executives, Vincent Pereira outgoing Country Manager, and Michael Stone, incoming Country Manager today (Tuesday 4th May 2021) to discuss BHP’s operations in Trinidad and Tobago, including the on-going transition from Mr. Pereira to Mr. Stone at the helm of BHP’s Trinidad and Tobago operations.
The Energy Chamber of Trinidad & Tobago has noted the alarming rise in COVID-19 cases and the potential of the current case load to overwhelm the parallel healthcare system. We urge all of our members to take the current situation very seriously and to ensure that all workplace measures to prevent the spread of COVID-19 are fully implemented and that their employees and contractors fully comply with all Ministry of Health guidelines and all relevant COVID-19 protocols. Member companies are also asked to ensure that all their employees are fully informed of the utmost importance of complying with any site or facility specific COVID- 19 protocols.
The National Gas Company of Trinidad and Tobago Limited (NGC) and Proman Trinidad announce the resumption of an interim gas supply arrangement which would facilitate an immediate restart of MHTL’s M4 and M5000 methanol plants. This interim agreement was put in place while the commercial terms of a long-term gas supply contract are being finalized between the two parties.
According to the company the contract will be delivered from ASCO Trinidad’s Chaguaramas bases.
bp today announced gas production from Raven field, the third stage of its major West Nile Delta (WND) development off the Mediterranean coast in Egypt.
The Energy Chamber of Trinidad & Tobago is aware of recent reports of cases of Covid-19 in upstream energy industry facilities. The energy industry provides essential services and throughout the pandemic we have been working to keep the industry up and running twenty-four hours a day, seven days a week. As all our electricity comes from natural gas, the energy industry keeps the light on for Trinidad & Tobago.
BHP announced that the Ruby project in Trinidad and Tobago is progressing ahead of schedule and on budget, with first production on track for May 2021
The Energy Chamber of Trinidad & Tobago congratulates the Honourable Stuart Young on his appointment as Minister of Energy and Energy Industries. Minister Young has been deeply involved in the restructuring of the gas value chain over the past six years and has been central to many of the negotiations with the international operating companies in the sector. The Energy Chamber looks forward to continuing to work closely with Minister Young in his new portfolio, on both this issue and other critical issues for the energy industry.
The SVG relief mission is a collaborative effort by private sector NGO's of T&T, spearheaded by the Energy Chamber of Trinidad and Tobago. As the situation in our neighboring island unfolded, the direst need for a water supply to the island was identified. An immediate dialog was initiated by the Energy Chamber of T&T and major oil and gas operators willingly came on board. They in turn sanctioned the assistance of their supply partners.
The members, Board and staff of the Energy Chamber of Trinidad and Tobago extend our deepest condolences to the family of Senator the Honourable Franklin Khan.
The Energy Chamber is the sole provider of assessments for the PLEA 10 hour basic health and safety training course – often called the PLEA Pass or Passport. This pass allows individuals to be certified as to having basic understanding of safety requirements to work on one of the PLEA member company facilities.
On average over the last 10 years the Energy Chamber sees about 15,000 candidates annually. In 2020 however due to the slowdown in activity at the Pt Lisa estate 9,476 candidates sought the PLEA Pass.
The Energy Chamber has noted the media statements on the inability of the National Gas Company and MHTL/Proman to successfully conclude negotiations on a new gas supply contract to come into effect on the expiry of the temporary extensions agreed through to the 31 March 2021.
Despite a challenging year, Trinidad and Tobago NGL Limited (‘TTNGL’/’Company’) recorded an after-tax profit of TT$5.8 million for the year ended 31 December 2020. This translated into earnings per share of TT$0.04.
The Energy Chamber of Trinidad & Tobago is delighted to hear about the signing of the Joint Venture agreement between Heritage Petroleum and EOG Resources for acreage in the Trinidad Northern Areas block. As indicated by both the Prime Minister and the Minister of Energy, this is the first in a series of new joint ventures or farm/lease-out that will be entered into by Heritage on their oil acreage. This is very good news for Trinidad & Tobago’s oil industry and indeed the overall economy.
The Ministry of Energy and Energy Industries (MEEI) has announced that on February 18th, 2021, the Cabinet agreed to the establishment of a Carbon Capture and Carbon Dioxide (Co2) Enhanced Oil Recovery Steering Committee.
According to BPC, the 2021 Trinidad drilling program will commence with the drilling of the Saffron #2 appraisal well, as a follow up to the successful Saffron #1 discovery well completed in March 2020. BPC has a 100% working interest in the Saffron discovery.
Atos and HDF energy announced their plan to develop a complete end-to-end long-term solution to supply datacenters with green hydrogen generated by renewable energy. The new solution by Atos and HDF will be the first available on the market for datacenters with heavy power consuming workloads, with the aim to demonstrate, in 2023, a first full production center operated using green hydrogen.
Global liquefied natural gas (LNG) trade increased to 360 million tonnes in 2020, according to Shell’s latest annual LNG Outlook published today, despite the unprecedented volatility caused by the COVID-19 pandemic which resulted in lockdowns around the world.
In its thrust to pursue value-added opportunities for the citizenry, The National Gas Company of Trinidad and Tobago Limited (NGC) signed an Engineering, Procurement, and Commissioning (EPC) contract for gas infrastructure for e TecK’s Phoenix Park Industrial Estate (PPIE), with the Beijing Construction Engineering Group Company Limited (BCEG). BCEG, a Chinese construction and engineering firm, is the design-build contractor for PPIE.