Subsea 7 announced the award of a sizeable1 project by BP for the TOPR project located offshore Trinidad and Tobago, in water depths of up to 280 feet.
Six-point plan to secure new natural gas supplies and maximise exports from Trinidad & Tobago: 2022 - 2030
ExxonMobil has made three new discoveries offshore Guyana and increased its estimate of the recoverable resource for the Stabroek Block to nearly 11 billion oil-equivalent barrels.
Indian multinational and one of the world’s leading manufacturers of cryogenic equipment and solutions provider, INOXCVA has been awarded a contract by Caribbean LNG Inc. for Design, Engineering & Supply on a turnkey basis for a MiniLNG receiving and regasification terminal to be set up in Antigua, West Indies.
Shell is taking a 40% equity interest in two BHP exploration licenses in Barbados.
HDF has announced that it has acquired a 70% majority stake in the NewGen project in Trinidad, led by the local company Kenesjay Green Ltd ("KGL"). KGL, the project developer, will retain the remaining 30% of the share capital of NewGen, which will be jointly owned by KGL and an investment vehicle that will allow for the inclusion of additional local investors. HDF Energy is thus leveraging its technological expertise in hydrogen, its know-how in the development of green energy plants and its local presence in the Caribbean.
Hess Corporation has announced that it has made a final investment decision to proceed with development of Yellowtail offshore Guyana after receiving government and regulatory approvals. Yellowtail, the fourth oil development and the largest on the Stabroek Block, is expected to produce approximately 250,000 gross barrels of oil per day starting in 2025.
Shell Trinidad and Tobago, announced that production has started on Block 22 and NCMA-4 in the North Coast Marine Area (NCMA) in Trinidad and Tobago.
The National Gas Company of Trinidad and Tobago Limited (NGC) has signed a Gas Sales Contract (GSC) with local cement manufacturer, Trinidad Cement Limited (TCL). This agreement will govern the sale of natural gas to TCL and represents an important step forward for both companies after an extended period of negotiations. TCL has been one of NGC’s longest-standing customers for over 40 years. The conclusion of this GSC signals NGC’s commitment to the local manufacturing sector and bodes well for infrastructural development in Trinidad and Tobago and the region.
Energy Chamber expresses condolences to the family, friends and colleagues of Zephaniah Harripaul.
On 7th March 2022, Energy Chamber CEO, Dax Driver, presented to governmental officials from across the Americas on what the private-sector would like to see included in the upcoming Summit of the Americas, scheduled for June 2022 in Los Angeles, USA. Speaking on behalf of the Americas Business Dialogue working group on energy, Driver outlined the major policy areas that the group has recommended hemispheric leaders consider in their deliberations.
New agreement brings together the global integrator of container logistics and world-leading methanol producer to develop green methanol supply solutions at scale.
If the Caribbean Region is to address the challenge of climate change, we need to both “go faster and go bolder”, to borrow from a recent statement from Ben van Beurden, the Chief Executive of Shell. We simply do not have time to waste, and it is imperative that we act now and act quickly.
After successfully completing the Front-End Engineering Design (FEED) for the Scarborough Project, McDermott International has been awarded a contract by Woodside as Operator for and on behalf of the Scarborough Joint Venture, for the engineering, procurement, construction, installation and commissioning (EPCIC) services for its Floating Production Unit (FPU) offshore Western Australia. The integrated scope also includes the design, fabrication, integration, transportation and installation of the hull and topsides.
Dr. Vince Henderson, Minister for Planning, Economic Development, Climate Resilience, Sustainable Development, and Renewable Energy, Dominica, while speaking at the Caribbean Sustainable Energy Conference, delivered a presentation that focussed on developing geothermal resources in Dominica.
The downstream contractor labour force is predominantly male, with just twelve percent of the labour force being female in 2021. Over the pandemic period the number of females in the contractor labour force fell even more sharply than the number of males. During 2019, the last full pre-pandemic year, the percent of female workers was 14% or over 2,000 female workers. This fell by almost 50% by 2021, when there were just over 1,000 female workers in the contractor labour force, compared to a drop of 38% for the male labour force in the same period.
Kenesjay Green Limited (KGL), the owner and project developer for the proposed US$300 million NewGen Hydrogen Project in Trinidad and Tobago, is completing a Green Hydrogen Country Assessment for the Caribbean island of Dominica in conjunction with the Climate Resilience Execution Agency for Dominica (CREAD).
Trinidad and Tobago-focussed gas producer, DeNovo Energy, has announced the completion of the local fabrication of the platform for its second offshore field development, Zandolie, located in the Gulf of Paria off Trinidad’s west coast.
BP Trinidad and Tobago LLC (bpTT) has chartered the Safe Concordia to provide gangway connected operations at Cassia C offshore Trinidad.
BHP recently released their Operational Review for the half year ending 31 December 2021. In this report BHP gave an update on the Calypso appraisal programme, offshore Trinidad and Tobago.