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The Energy Chamber of Trinidad and Tobago extends sincere congratulations to Karen Darbasie, Group Chief Executive Officer, First Citizens Bank Limited who was awarded the Chaconia Medal Gold (Banking and Finance) during the 2024 National awards ceremony held on Tuesday September 24th, 2024.
The Honourable Stuart R. Young S.C., M.P Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister toured the PXGEO 2 seismic vessel and met with its specialist crew on 26th September 2024.
The Honourable Stuart R. Young S.C., M.P Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister, along with Mrs. Penelope Bradshaw-Niles, Permanent Secretary at the Ministry of Energy and Energy Industries, received an update on Woodside Energy’s Calypso Project on 25th September, 2024. The meeting took place at the Ministry of Energy and Energy Industries’ International Waterfront Complex, Head-Office, Port-of-Spain.
The Energy Chamber of Trinidad and Tobago is delighted to join the national community in recognising and applauding Mark Loquan, the recipient of the Order of the Republic of Trinidad & Tobago for his huge contribution to the development of the energy sector and culture, particularly the steelpan.
Three state agencies under the oversight of the Ministry of Energy and Energy Industries (MEEI)—National Energy Corporation of Trinidad & Tobago Limited (National Energy), Trinidad & Tobago National Petroleum Marketing Company Limited (NP), and Paria Fuel Trading Company Limited (Paria), today signed a Memorandum of Understanding (MOU) to collaborate on positioning Trinidad and Tobago as the Caribbean's first low-carbon marine bunkering hub.
bp Trinidad and Tobago (bpTT), has announced the completion of its replacement pipeline project – its fifth infrastructure upgrade project in six years.
Minister of Planning and Development Pennelope Beckles-Robinson is set to chair the 30th meeting of the Caribbean Development and Cooperation Committee (CDCC), at which ministers and other high-level representatives from over 20 Caribbean member countries, along with the Executive Secretary of the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), Jose Manuel Salazar Xirinachs, will gather to discuss the sustainable development of the subregion.
The Honourable Stuart R. Young S.C., M.P, Acting Prime Minister of the Republic of Trinidad and Tobago, Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister delivered the feature address at the International Carbon Capture and Storage (CCS) Symposium which was hosted at the UWI Conference Centre, St. Augustine Campus on 6th September, 2024.
The Honourable Stuart R. Young S.C., M.P, Acting Prime Minister of the Republic of Trinidad and Tobago, Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister, along with Ms. Ayasha Nickie, Director of Downstream Petroleum Management Division at the Ministry of Energy and Energy Industries, met with Mr. Edmond Thompson, Vice President and Managing Director, Nutrien on 6th September, 2024. The introductory meeting took place at the Ministry of Energy and Energy Industries’ International Waterfront Complex, Head-Office, Port-of-Spain.
The Honourable Stuart R. Young S.C., M.P, Acting Prime Minister of the Republic of Trinidad and Tobago, Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister met with Mrs. Kellyanne Lochan, Country Manager Trinidad and Tobago, Woodside Energy on 2nd September, 2024. The meeting took place at the Ministry of Energy and Energy Industries’ International Waterfront Complex, Head-Office, Port-of-Spain.
bpTT’s decision to sell some of its mature gas fields in Trinidad & Tobago to Perenco, presents an excellent opportunity for Trinidad & Tobago to continue to produce natural gas from these fields well into the future. In a mature oil and gas province like T&T it is important to have a good mix of different upstream operator companies, each with different strengths and capabilities. Major exploration campaigns and greenfield developments need major multi-national oil and gas companies with the necessary resources.
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.
