Merger of BHP's petroleum business with Woodside

Merger of BHP's petroleum business with Woodside

The Energy Chamber of Trinidad & Tobago has noted the recent announcement concerning the merger of BHP’s Petroleum Division with Australian independent gas producer, Woodside, subject to negotiations and regulatory approval.

Woodside and BHP to create a global energy company

Woodside and BHP to create a global energy company

BHP has announced its intent to create a global top 10 independent energy company through an agreement to pursue a merger of BHP’s petroleum business with Woodside

Merging BHP’s Petroleum assets with Woodside will unlock synergies and increase value and choice for BHP shareholders. The combined business will offer ongoing value during the energy transition.

Aquaterra Energy pioneers renewable-powered offshore platform for DeNovo in Trinidad

Aquaterra Energy pioneers renewable-powered offshore platform for DeNovo in Trinidad

Aquaterra Energy, has completed the engineering design for a renewable-powered Sea Swift offshore platform for DeNovo Energy Limited. The offshore platform is part of the development activity for the Zandolie field, located in the Gulf of Paria, off the west coast of Trinidad and is scheduled to be installed in Q4 2021.

NGC publishes 2020 Annual Report

NGC publishes 2020 Annual Report

The National Gas Company of Trinidad and Tobago Limited (NGC) has published its 2020 Annual Report, themed ‘Embracing Opportunity, Creating Value’.

World Bank Approves US$21.9 Million to Fund Geothermal Energy Exploration in Saint Lucia

World Bank Approves US$21.9 Million to Fund Geothermal Energy Exploration in Saint Lucia

The World Bank Board of Executive Directors approved US$21.9 million for the Renewable Energy Sector Development Project for Saint Lucia. This grant financing will help the Government of Saint Lucia assess the viability of its geothermal resources for power generation and strengthen the business environment for the private sector to pursue clean energy projects.

Advisory to Energy Chamber members on implementing workplace vaccination policies

Advisory to Energy Chamber members on implementing workplace vaccination policies

Advisory to Energy Chamber members on implementing workplace vaccination policies

The issue of workplace vaccination policies is at the forefront of many employers’ minds.

Having a fully vaccinated workforce is the best way to protect all employees, customers, contractors, and other visitors to any work site.

NGC, MHTL open an exciting new dimension of commercial partnership

NGC, MHTL open an exciting new dimension of commercial partnership

There is positive news for the downstream sector as The National Gas Company of Trinidad and Tobago Limited (NGC) signed a Consolidated Gas Supply Contract (CGSC) with Methanol Holdings (Trinidad) Limited (MHTL), part of the Proman family of companies. This contract will support operations at the MHTL Methanol Complex, which includes the mega-methanol M5 plant, one of the world’s most efficient low carbon methanol producers. Where in the past each of MHTL’s plants was supplied under individual gas sales contracts, the CGSC is a single contract which will govern the sale of gas to the entire complex. This new approach will streamline and enhance contract administration, relationship management, logistics and planning, and give flexibility to MHTL to manage its supply in the most efficient manner.

NGC signs Zandolie Gas Sales Contract

NGC signs Zandolie Gas Sales Contract

DeNovo Energy Limited (DeNovo) and the National Gas Company of Trinidad and Tobago (NGC) announced the signing of the Zandolie Field development Gas Sales Contract (GSC) for commercialisation of the Zandolie Field located in Block 1(a).

Exxon announces discovery at Whiptail, offshore Guyana

Exxon announces discovery at Whiptail, offshore Guyana

ExxonMobil today said it made a discovery at Whiptail in the Stabroek Block offshore Guyana. The Whiptail-1 well encountered 246 feet (75 meters) of net pay in high quality oil bearing sandstone reservoirs. Drilling is also ongoing at the Whiptail-2 well, which has encountered 167 feet (51 meters) of net pay in high quality oil bearing sandstone reservoirs. Drilling continues at both wells to test deeper targets, and results will be evaluated for future development.

bp installs Cassia C platform

bp installs Cassia C platform

bp Trinidad and Tobago LLC (bpTT) announced the installation of the topsides of its Cassia Compression (Cassia C) platform off Trinidad’s east coast.

ExxonMobil to participate in carbon capture and storage project in Scotland

ExxonMobil to participate in carbon capture and storage project in Scotland

ExxonMobil has signed a Memorandum of Understanding to participate in the recently announced Acorn carbon capture and storage project (CCS) in Scotland. The project plans to capture and store approximately 5-6 million tons of CO2 per year by 2030 from gas terminals at the St Fergus complex at Peterhead, Scotland, which includes ExxonMobil’s joint venture gas terminal.

bp teams up with Quaybridge to accelerate offshore wind growth

bp teams up with Quaybridge to accelerate offshore wind growth

bp has formed an exclusive consultancy agreement with Quaybridge, a leading UK-based renewables consultancy with global expertise in offshore wind. The two will work together to advance bp’s global offshore wind portfolio as part of its zero-carbon growth strategy, and accelerate the building of in-house offshore wind knowledge for bp.