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NGC has signed a Heads of Agreement (HOA) with Shell to start the pre-Front End Engineering Design (pre- FEED) phase for the processing of Manatee gas via NGC's Beachfield Facility. The HOA sets the frame for technical and commercial work to enable further progress through this phase of Manatee project.
The Fangtooth-1 well encountered approximately 164 feet (50 meters) of high-quality oil-bearing sandstone reservoirs. The well was drilled in 6,030 feet (1,838 meters) of water and is located approximately 11 miles (18 kilometers) northwest of the Liza field. The Lau Lau-1 well encountered approximately 315 feet (96 meters) of high-quality hydrocarbon-bearing sandstone reservoirs. The well was drilled in 4,793 feet (1,461 meters) of water and is located approximately 42 miles (68 kilometers) southeast of the Liza field.
The National Gas Company of Trinidad and Tobago Limited (NGC) continues to move forward with its green initiatives through expansion of its energy portfolio and is creating value for the Company and Trinidad and Tobago, marking a major development in its growth and investment strategy.
Basharat Ali
The Board of Directors of the Energy Chamber of Trinidad and Tobago is saddened by the passing of former independent senator and energy expert Basharat Ali.
The Energy Chamber often consulted with him when he was an independent senator, especially during the establishment on the Trinidad and Tobago Extractive Industries Transparency Initiative (TT EITI).
We offer our sincerest condolences to his family and colleagues.
KBR announced that it has been awarded a study to help establish a green hydrogen market in Trinidad and Tobago as part of an ongoing technical cooperation financed by the Inter-American Development Bank (IDB).
On Thursday 18th November 2021, Mr. Roger Ferguson, Chief Executive Officer, Trinidad Generation Unlimited (TGU), signed the Safe to Work (STOW) Charter. In doing so he committed the company to utilize the STOW certification system to assess contractors’ health, safety and environmental (HSE) management systems.
The Energy Chamber of Trinidad & Tobago welcomes the announcement from the Government that all public service workplaces will become safe zones and that all employees paid by the State will need to be vaccinated against COVID-19. This is a sensible and logical policy decision that we fully support.
Jointly with other major business associations, the Energy Chamber has called for a national policy framework that would give employers the freedom to implement mandatory workplace vaccination policies when their risk assessments show that this was necessary to protect employees’ health. Many members of the Energy Chamber have already gone through consultation processes and implemented workplace vaccination policies for both employees and contractors who enter their facilities. The Energy Chamber has provided advice to member companies on the processes that they need to follow to be able to mandate vaccinations for their workplaces. As noted by the Honourable Prime Minister, these workplace policies have helped boost the vaccination rates in the private-sector.
The new policy announced by the Prime Minister will strengthen the ability of our members to take the necessary measures needed to protect their employees, contractors and by extension their families and the communities in which they live. Protecting the health and safety of all workers in the energy industry remains a core value of the Energy Chamber of Trinidad & Tobago.
CGX Energy and Frontera Energy Corporation have confirmed that hydrocarbons were encountered during the drilling of Kawa-1, offshore Guyana.
AMCHAM T&T, the Energy Chamber and the T&T Chamber of Industry and Commerce continue to be concerned by the impact of the spread of COVID-19 on the society and economy. Over the almost two-years that we have been dealing with the impact of the pandemic, the Joint Chambers have attempted to support the country’s response. As a collective and in partnership with other civic organisations, we have run vaccinations sites, developed and funded pro-vaccination campaigns and proposed various policy measures to assist in containing the spread of the virus while maintaining a reasonable level of economic activity.
On Wednesday 8th December 2021, Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister the Honourable Stuart Young MP participated in a Ministerial Round Table focused on Regional Development and Opportunities in Latin America as part of the 23rd World Petroleum Conference held in Houston, Texas from December 5 th – 9 th, 2021. The panellist on the round table included His Excellency Dario Martinez, Secretary of Energy, Argentina; Dr Jose Armando Zamora, President of the National Hydrocarbons Agency of Columbia and His Excellency Eduardo Gonzales Toro, Minister of Energy and Mines Peru, moderated by Sebastian Borgarello, Vice President Consulting, IHS Markit.
Vaccination rates amongst contractor and service company workers who visit the Energy Chamber’s Learning Centre in Point Lisas was 77% during the last week of November 2021 and averaged 73% over the entire month. All workers who enter the facilities of any of the Point Lisas plants and the Atlantic facility in Point Fortin have to undertake an assessment of their basic HSE knowledge every two years (“PLEA Pass”) at the Energy Chamber Learning Centre. The Energy Chamber has been collecting data on the vaccination status of all visitors to the Centre since July 2021 and there has been a steady rise in the rate of workers stating that they are fully vaccinated.
Touchstone Exploration has announced the results the first production test at the Royston-1 exploration well and provided data from the second test, which confirmed separate light oil discoveries.
Trinity Exploration & Production has announced that it has received approval for the Field Development Plan (“FDP”) for the Galeota Asset Development (“GAD”) Project from the Ministry of Energy and Energy Industries (“MEEI”). The comprehensive and relatively quick approval by the MEEI review team, against the background of the pandemic, is extremely helpful and provides a suitably matured development concept which can be reviewed by potential funding partners as part of the farm-down process.
APA Corporation announced results from flow testing at the Sapakara South appraisal well and drilling results from the Bonboni exploration well, both operations recently completed on Block 58 offshore Suriname. APA Suriname holds a 50% working interest in the block, with TotalEnergies (TTE), the operator, holding a 50% working interest.
As COP26 is in its final hours in Glasgow, Scotland, negotiations and discussions are still underway to foster agreements meeting the goals of the climate conference. Vulnerable and developing countries in the Alliance of Small Island States (AOSIS), are making their voices heard as a network of 39 member states situated in low-lying coastal areas, with the most to lose due to their sizes, geographical locations and economic conditions.
Trinidad and Tobago NGL Limited (TTNGL) has published its financial statements for the nine months ended 30 September 2021, announcing a major uplift of 347% in profit after tax over the corresponding period of 2020.
Kenesjay Green Limited Ltd.(KGL) has selected the global project development consultancy io consulting (io) to perform Front End Engineering Design (FEED) for the NewGen Limited Carbon Neutral / Green Hydrogen Project with 27,200 mtpy production capacity. Scheduled for completion in 2025, this will be the first electrolysis-based hydrogen production facility to be built in Point Lisas, Trinidad, and one of the first of this scale in the world.
The Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister, the Honourable Stuart R. Young M.P.; had an early morning meeting with the CEO and Managing Director of Woodside, Australia Ms. Meg O'Neil today, Wednesday 10th November 2021.
The Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister, the Honourable Stuart R. Young M.P., participated in a virtual panel discussion for a side event of COP26- titled, Commonwealth Collaboration to Accelerate Methane Reductions in the Petroleum Sector.
Noble Corporation and Maersk Drilling announced that they have entered into a definitive business combination agreement to combine in a primarily all-stock transaction. Following the completion of the transaction, the Maersk Drilling shareholders and Noble shareholders will each own approximately 50% of the outstanding shares of the combined company.
