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The Ministry of Energy and Energy Industries (MEEI) has taken note of recent reports regarding natural gas production within Trinidad and Tobago. In this regard, the MEEI advises that natural gas production for the month of June 2024 was impacted by the conduct of maintenance activities by three (3) of the major upstream gas producers resulting in a 22% reduction in production when compared to the previous month.
bp Trinidad and Tobago (bpTT) has entered into an agreement with Perenco T&T to divest its Immortelle, Flamboyant, Amherstia and Cashima offshore gas fields and associated production facilities. The agreement also includes the undeveloped resources from the Parang field.
The Energy Chamber of Trinidad and Tobago is pleased to announce the launch of a groundbreaking project to use artificial intelligence (AI) to significantly enhance the efficiency of the Safe to Work (STOW) certification process.
bp Trinidad and Tobago (bpTT) and EOG Resources Trinidad Limited (EOG) have agreed to partner on the Coconut gas development. Coconut will be a 50/50 joint venture with EOG as operator. The final investment decision has been taken by the joint venture partners and first gas is expected in 2027.
The National Gas Company of Trinidad and Tobago Limited (NGC) is encouraging financial literacy amongst Tobago’s secondary school students through its sponsorship of the competition - WizdomCRM Inter-regional Sustainable Stock Market Game. The game, which is powered by AI (artificial intelligence) technology, supports learning that aligns with the CSEC and CAPE syllabi. NGC came on board in Cycle 7 to provide an opportunity for 300 students from Bishops High School Tobago, Scarborough Secondary School, and Signal Hill Secondary to develop real- time and real-life skills in financial investment.
The Ministry of Energy and Energy Industries (MEEI) advises that unfortunately there was an attempted unauthorized boarding of a support vessel by unidentified individuals located at the wreck site of the Gulfstream at Sea Lots, Port of Spain last night.
Perenco T&T Limited has announced the introduction of hydrocarbons into the newly installed 37-kilometer 10” pipeline from the Teak Alpha Production platform to the Galeota Terminal. This marks the end of the broad-scoped project involving extensive multidisciplinary teams.
Phoenix Park Gas Processors Limited (PPGPL) continues to establish strategic partnerships with key stakeholders in the industry as evidenced by a meeting with His Excellency Victor Hugo Morales Meléndez, Mexican Ambassador to Trinidad and Tobago and his senior executives on August 20, 2024. The event is part of a series of planned collaborative efforts with key stakeholders, as PPGPL aggressively pursues its growth agenda for its base business in Trinidad and its US subsidiary, Phoenix Park Energy Marketing LLC (PPEM).
The alliance aims to improve capital efficiency in Site Projects, starting in bp’s North Sea portfolio and expanding to include projects in Trinidad and Tobago later this year. Utilising high value engineering solutions and capabilities will achieve targeted cost savings and deliver more efficient projects.
Heritage Petroleum: Stakeholder Engagement Notice for the conduct of a 2D shallow hazard seismic survey
Methanex Corporation (Methanex) and its subsidiary, Waterfront Shipping, today marked another milestone in the global maritime industry by completing the first ship-to-ship methanol bunkering demonstration in the Caribbean. Conducted at the Port of Point Lisas in Trinidad and Tobago, this landmark demonstration was made possible through collaboration with the National Energy Corporation of Trinidad and Tobago Limited (National Energy), Paria Fuel Trading Company, NYK, Green Marine, Bunker Holding, Uni-Tankers and Dan Bunkering.
The Ministry of Energy and Energy Industries (MEEI) has advised that the re-floated ‘Gulfstream’ barge, has successfully been towed to Port-of-Spain, Trinidad.
The Ministry of Energy and Energy Industries advises that the overturned barge which has been grounded since 7th February, 2024 off the Coast of Cove, Tobago was successfully re-floated as at 11:54P.M. on 19th August 2024.
Discussions included the major accomplishments of Atlantic LNG for the period 2021 to 2024. Among these were the execution of complex ‘Turn Arounds’ with the ‘T2’ turnaround in 2023 and ‘T4’ turnaround in 2024. The company is also now at the implementation stage of a new Asset Management System and a Fabric Integrity Campaign geared towards accelerating the company’s asset integrity upgrade has been implemented.
The Sea Lots Channel and Turning Basin has been fully restored to its original design depth for the first time in approximately 15 years.
With 2 ships refuelling this month, 12,500 MT of methanol fuel will have been supplied by Proman to vessels in Trinidad in the past 12 months, demonstrating its potential as a methanol bunkering hub.
Trinidad and Tobago NGL Limited (TTNGL) continues to post a solid financial performance for 2024. Following the uptick of its profits in Q1, 2024 performance, TTNGL, according to The NGC Group Chairman, Dr. Joseph Ishmael Khan, recorded a profit after tax of TT$46.7 million for the six months ended 30 June 2024. This represents a remarkable year-on-year improvement of TT$49.5 million compared to the corresponding period in 2023 when the company recorded a loss of TT$2.8 million. This substantial recovery translates to earnings per share of TT$0.30.
Thirty-five (35) ‘interns’ at the Ministry of Energy and Energy Industries participated in a two-round knock out debate called “Momentum- Let’s debate on what matters in the energy sector.” The preliminary round of this debate was held on 29th July, 2024 and the much-anticipated final was hosted on 16th August, 2024 at the Ministry of Energy and Energy Industries, International Waterfront Complex, Head-Office, Port-of-Spain.
The Ministry of Energy and Energy Industries has advised that efforts to re-float the overturned vessel off the Coast of Cove, Tobago have been delayed due to adverse weather alerts and threats of Tropical Storm Ernesto which have resulted in rough seas and widespread thunderstorms and showers of varying intensities across Trinidad and Tobago.
PTSC - Extension on Invitation to Tender for Supply of Electric Busses
