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The Ministry of Energy and Energy Industries (MEEI) has reported that pursuant to proceedings filed by the Republic of Trinidad and Tobago in the Republic of Angola the tug Solo Creed has been ordered by the Court to be arrested to secure the claim of Trinidad and Tobago.
The Ministry of Finance, Economic Development, Climate Resilience, and Social Security for the Government of the Commonwealth of Dominica has announced that Kenesjay Green Ltd. (KGL), a key green energy Caribbean project developer, will conduct the Pre-Feasibility Work for the production of Green Ammonia via the utilization of geothermal energy from Dominica.
The Hon. Stuart Young, Acting Prime Minister and Minister of Energy and Energy Industries toured the Mento platform at the TOFCO fabrication yard in La Brea. The platform is in the final stages of construction as it gets ready for sailaway within the coming weeks.
The Honourable Stuart Young met with senor executives from bpTT at the International Waterfront Complex in Port of Spain. At the meeting, David Campbell, President, bpTT indicated that the seismic acquisition for the Manakin-Cocuina field was completed, and the data collected is now at the processing stage. The Minister also received updates on drilling operations at the Cypre development and construction of the 92mw solar project.
KBR has announced that it was awarded an engineering and procurement services contract for the Beachfield Manatee upgrade, the onshore portion of the Manatee gas field project.
On 11th October 2024, Dr. The Honourable Keith C. Rowley, Prime Minister of the Republic of Trinidad and Tobago and 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 representatives from Shell and the National Gas Company visited the Dona Jose 2 vessel at Tembladora Port, Chaguaramas.
TotalEnergies and APA Corporation have announced the Final Investment Decision (FID) for the development of a production field in Block 58 offshore Suriname. The construction and installation phase will take approximately four years, meaning that first oil will be produced in 2028 at the earliest.
The Energy Chamber of Trinidad & Tobago has noted the Minister of Finance's statement that he and the Minister of Energy and Energy Industries will meet with the Energy Chamber in the next few months in order to finalise details of changes to the fiscal regime for the upstream energy sector to be introduced in the Finance Act 2025. The Energy Chamber warmly welcomes the Minister's statement, and we look forward to detailed discussions on changes to the oil and gas taxation regime which will further incentivise investment into new oil and gas production. The Energy Chamber deeply appreciates the commitment to consultation and to finding solutions to the complex issues around oil and gas taxation.
The Ministry of Energy and Energy Industries (MEEI) has announced that a negotiated Production Sharing Contract for Block Modified U (c ) has been signed between the Government of the Republic of Trinidad and Tobago and the successful bidder, BG International Limited (BGI), a subsidiary of Shell. The signing took place on 27th September 2024 at the Atlantic LNG Administrative Building, Clifton Hill, Point Fortin.
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.
