Prime Minister Dr. The Honourable Keith Rowley toured the Mento platform at the TOFCO fabrication yard on November 13.
Heritage Petroleum Company Limited (Heritage) welcomed a high-level delegation from Suriname’s national oil company, Staatsolie Maatschappij Suriname N.V. (Staatsolie), at its Corporate Head Office on October 23, 2024. Coordinated by National Energy Corporation of Trinidad and Tobago Limited (National Energy), the Staatsolie’s delegation visit included strategic meetings and site tours with key stakeholders across Trinidad and Tobago’s energy sector, aiming to enhance knowledge exchange and capacity building between the two nations.
Accessing foreign exchange is a major headache for many Energy Chamber members companies, especially small to medium-sized service companies and contractors. These companies need foreign exchange to procure equipment and supplies as well as to pay for things like international certification fees and specialised training. Just like companies outside of the energy sector, many of our members are juggling various accounts with different banks to be able to access the foreign exchange that they require.
The importance of natural gas in today’s world cannot be overstated, since it accounts for about 22.4% of electricity generation. Its future importance as an energy source remains defined by its context, as it will remain a key fuel in the transition to renewables, as the cleanest fossil option available.
The Ministry of Energy and Energy Industries has announced the granting of the Exploration and Production (Public Petroleum Rights) Licence for the Rio Claro Block situated in the Wards of Charuma, Cocal, Ortoire and Guayaguayare to NGC E&P Investments Limited and Primera Oil and Gas Limited, a wholly owned subsidiary of Touchstone Exploration Inc.
Massy Gas Products (Guyana) Ltd (MGPGL) commissioned an Air Separation Plant yesterday at their East Bank Demerara facility. The liquid oxygen and nitrogen plant has a production capacity of 13 tons per day. This cutting-edge facility is designed to meet the growing demands of Guyana’s medical and industrial sectors.
The Centre for Chemical Process Safety (CCPS) recently held a one-day meeting in Trinidad and Tobago, featuring a series of presentations from industry professionals engaged in process safety. At the meeting, Heritage Petroleum’s CEO Erik Keskula gave welcoming remarks and started by saying “If there’s something that keeps me up at night it’s process safety”. Heritage Petroleum was the lead sponsor of the event and hosted the event alongside the CCPS.
Tiger Tanks is the first private sector company in T&T to complete an extensive GHG inventory and mitigation assessment. Over the past few months, the company has partnered with the University of Trinidad and Tobago (UTT) to conduct the assessment. This project allows Tiger Tanks to identify key emission sources and equips the company with the tools needed to implement targeted strategies for reducing those emissions.
The Environmental Management Authority (EMA) has launched a new portal for applications for Certificate of Environmental Clearance (CEC). The new Customer Portal for all CEC applications and payments is now live and is available to all CEC applicants.
Honeywell has announced a strategic collaboration with Chevron to develop advanced artificial intelligence (AI)-Assisted solutions to help operators make decisions to enhance efficiency for refining processes and improve safety within the industrial automation space.
According to most projections, natural gas will play a significant role in the energy mix as the world transitions to lower carbon fuels and renewable energy. The market for fuel like coal and heavy crude will decline, while growth is still expected for natural gas and LNG.
Touchstone has safely commissioned the flowline connecting the Cascadura C surface location to the Cascadura natural gas processing plant, which ties in our Cascadura-2ST1 and Cascadura-3ST1 wells. Additionally, a new natural gas separator has been installed and brought online, expanding the plant's gross natural gas processing capacity to approximately 140 million cubic feet per day.
The theme of the T&T Energy Conference in 2024 was Accelerating Action. The Energy Chamber picked this theme because there was a strong feeling that the actions needed to create a sustainable future for the sector were known and we were moving in the right direction of travel, but things were simply not happening fast enough.
It was recently announced that Perenco would be acquiring five of bpTT’s assets. This is a big step up in Trinidad for the Anglo-French company which has been the operator of the Teak, Samaan and Poui (TSP) fields since they purchased the assets from Repsol in 2016. The acquisition of bpTTs assets means that the company will now be the operator of gas fields, rather than the traditional oil acreage in Trinidad.
Hummingbird Drone & Robotics Services Limited (subsidiary of Hummingbird Helicopter Services Limited (HHSL), has officially received certification in ISO 21384-3:2023, marking a historic milestone as the first organization in Latin America and tenth (10) company globally to achieve this prestigious standard.
bp has completed its acquisition of the remaining 50.03% interest in Lightsource bp, one of the world’s leading developers and operators of utility-scale solar and battery storage assets.
EnergyNow Issue 50
Paria Fuel Trading Company Limited (Paria) is proud to announce its achievement of attaining International Sustainability and Carbon Certification (ISCC), a critical step toward integrating with the European market’s stringent environmental standards. This certification not only reinforces Paria’s commitment to sustainability and transparency but also highlights the broader economic and environmental benefits for Trinidad, the Caribbean region, and their energy exports.
The past year has been marked by some pivotal developments in the Trinidad & Tobago energy sector which we hope will set a positive future trajectory the industry, notwithstanding ongoing challenges.
There are many deep and productive relationships already in place at the level of government, industry and individuals. With the exciting prospects in store for the Surinamese energy sector, I expect that many more mutually beneficial business relationships will build on the existing strong foundations.