Trinidad News


Shell to Complete Marine Survey at Venezuela Gas Field Ahead of License Cancellation

Apr 21, 2025

Shell plans to complete a marine survey at Venezuela's offshore Dragon gas field before a U.S.-set May deadline to wind down all licenses related to energy projects in the country, sources close to the preparations said.Colombia-flagged survey vessel Dona Jose II arrived in U…

US Revokes Licenses for Trinidad-Venezuela Gas Projects

Apr 08, 2025

The United States has revoked two licenses it had granted in recent years for the development of offshore natural gas projects between Trinidad and Tobago and Venezuela, the Caribbean country's prime minister, Stuart Young, said on Tuesday.Trinidad…

Gas Project with Venezuela Goes Full Steam Ahead, Trinidad PM Says

Mar 28, 2025

Companies planning a flagship offshore gas project between Venezuela and Trinidad and Tobago 'have not slowed down' work, Trinidad Prime Minister Stuart Young said on Thursday, despite the United States increasing pressure on sanctioned Venezuela…

BP Trinidad and Tobago: Ginger Gets Green Light, Frangipani Delivers Gas Find

Mar 27, 2025

BP Trinidad and Tobago has taken the final investment decision (FID) for the Ginger gas development offshore Trinidad and Tobago, while marking the exploration success at its Frangipani well.Taking FID on Ginger and discovering gas at Frangipani…

Trinidad Seeks Clarifications Over Potential US License Cancellations

Feb 28, 2025

Trinidad and Tobago is reaching out to U.S. President Donald Trump's administration to understand if his announced cancellation of oil licenses related to Venezuela will affect authorizations for projects with the Caribbean nation, Energy Minister Stuart Young said on Thursday…

Trinidad wants Extension for Shell's Venezuela Gas Project

Feb 25, 2025

Trinidad and Tobago plans to ask U.S. President Donald Trump's administration to extend a license for Shell and Trinidad's National Gas Company to develop a key gas project in Venezuela, four sources close to the preparations said.The U.S. license…

Trinidad and Tobago Put 26 Deepwater Oil and Gas Blocks on Offer

Jan 29, 2025

Trinidad and Tobago on Tuesday offered 26 offshore oil and gas blocks in its largest-ever auction of areas for deepwater exploration and production, according to an official notice.The twin-island Caribbean country, Latin America's largest exporter of liquefied natural gas (LNG)…

Perenco Wraps Up Acquisition of BP’s Mature Gas Fields Off Trinidad and Tobago

Dec 17, 2024

Perenco has completed the acquisition of BP’s four mature offshore gas fields as well as one underdeveloped field offshore Trinidad and Tobago.The acquired assets include Cashima, Amherstia, Flamboyant & Immortelle offshore gas fields and associated production facilities…

Trinidad Chooses Preferred Bidder for Shallow Block

Sep 25, 2024

Trinidad and Tobago selected oil and gas producer Shell as the preferred bidder for a shallow water block, beating out bids from BP and EOG Resources, three people close to the process said.Trinidad and Tobago has in recent years struggled to…

BP to Divest Trinidad and Tobago Mature Gas Fields to Perenco

Sep 03, 2024

BP has entered into an agreement with Perenco T&T to divest its Immortelle, Flamboyant, Amherstia and Cashima offshore gas fields and associated production facilities, as well the undeveloped resources from the Parang field in Trinidad and Tobago…

Trinidad and Venezuela Set to Launch Seismic Survey at Joint Gas Fields

Aug 30, 2024

Seismic work at offshore gas fields shared by Venezuela and Trinidad and Tobago is expected to start in the coming days, the Caribbean country's energy minister Stuart Young said on Friday on social media.Venezuela in July issued a 20-year license…

Venezuela Grants License to BP, NGC for Offshore Gas Project

Jul 24, 2024

Venezuela on Wednesday granted a 20-year license to British energy producer BP and state-owned National Gas Company of Trinidad and Tobago (NGC) to develop the Venezuelan side of a natural gas field that extends into the Caribbean country's waters…

Trinidad's Court Reaffirms Recognition of ConocoPhillips' Claim Against Venezuela

Jul 18, 2024

Trinidad and Tobago's High Court on Thursday reaffirmed a decision recognizing U.S. oil producer ConocoPhillips' arbitration claim against Venezuela, which could freeze the Caribbean country's payments to its neighbor for joint natural gas projects…

Shell Greenlights Manate Gas Field Development Off Trinidad and Tobago

Jul 09, 2024

Shell Trinidad and Tobago, a subsidiary of Shell, has taken Final Investment Decision (FID) on the Manatee project, an undeveloped gas field in the East Coast Marine Area (ECMA) in Trinidad and Tobago.Manatee will allow Shell to competitively…

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