Sources say that Shell is the preferred bidder in Trinidad for a shallow water block
Three people familiar with the process have confirmed that Trinidad and Tobago has selected Shell as its preferred bidder to bid on a shallow-water block. This bidder beat out BP and EOG Resource. Trinidad and Tobago's natural gas production has declined in recent years…
Perenco will acquire mature gas fields from BP
BP Trinidad and Tobago has signed an agreement with Perenco T&T for the divestment of its Immortelle offshore gas field and production facilities. The oil major said this in a Monday statement. It said that the agreement includes undeveloped resources in the Parang field.
Min says that seismic work will begin on gas fields shared between Trinidad and Venezuela.
Stuart Young, Trinidad and Tobago's energy minister, said on Facebook on Friday that seismic work is expected to begin in the next few days at the offshore gas fields shared between Venezuela and Trinidad and Tobago. Venezuela…
15 Bids in To Market Guyana Governent Crude
Guyana received bids from 15 different companies aiming to market the government's share of the crude produced off the South American country's coast, according to Guyana's National Procurement and Tender Board Administration…
New Offshore Acreage Licensing to Drop 60% in 2020, Rystad says
Newly licensed offshore oil and gas exploration acreage is likely to fall by about 60% and onshore acreage by 30% compared with 2019 levels, Rystad Energy has said, as the Norwegian energy market analytics company expects more…
Honeywell Builds ICSS for BP Offshore Platform
The U.S. engineering and automation conglomerate Honeywell International said that it has been chosen to design and deliver an integrated control and safety system (ICSS) to remotely support BP’s Cassia compression platform located…
Deep Down Wins Shell Order
Houston-based oilfield services company Deep Down said it has received an order for umbilical support services from Shell Trinidad and Tobago.The company specializing in complex deepwater and ultra-deepwater oil production distribution…
Repsol's Q1 Net Profit Rises
Spanish oil and gas firm Repsol said on Tuesday first quarter adjusted net profit rose 6 percent from a year earlier, as a fall in oil and gas prices and a halt to production in Libya were offset by lower costs and a stronger U.S.
BHP to Drill More Wells in Trinidad
BHP Group Ltd has stepped up exploration drilling in deep water off Trinidad and Tobago hunting for gas which could supply the country's Atlantic LNG (liquefied natural gas) plant in the 2020s, a senior executive said.The company…
Repsol Net Profit Up 7.5%
Spanish oil and gas firm Repsol beat forecasts with a 7.5 percent increase in fourth-quarter adjusted net profit on Thursday, boosted by higher oil and gas prices and increased production, and said its strategic plan was on track.Repsol started new projects in Algeria, Trinidad a
GasLog: LNG Demand Grew 9% in 2018
Liquefied natural gas (LNG) is expected to have increased by 9%, from 288 million tonnes per annum (mtpa) in 2017 to 313 mtpa in 2018, said GasLog.The Monaco-based owner, operator and manager of LNG carriers said in a stock exchange…
BP Green Lights Trinidad, Tobago Gas Projects
BP in Trinidad and Tobago (bptt) gave the go-ahead to two new gas developments, Cassia compression and Matapal, offshore Trinidad, it said on Friday.BP will build a new platform, Cassia C, and first gas from the facility is expected…
Trinidad Signs Pact with BP, Shell
The government of Trinidad and Tobago (T&T) has entered into an agreement with energy giantsShell and BP over gas pricing and LNG activities.According to local media reports, the agreement involves new pricing arrangements…
Denovo Delivers First Gas to NGC from Iguana Field
Independent gas company DeNovo Energy, a subsidiary of the Proman Group, has made its first commercial supply of natural gas from the Iguana field in Block 1(a) off the coast of Trinidad and Tobago.According to a release from the company…
Fugro Secures E&P Support Contracts
Fugro has won three contracts with BHP Petroleum (Deepwater) Inc., which see the company delivering a range of specialist services to support exploration and production operations in Trinidad and Tobago and the Gulf of Mexico.Within…
Aquaterra Energy Installs First CSP Platform for Offshore Trinidad and Tobago
Aquaterra Energy, a global offshore engineering solutions provider, has announced it has completed the delivery of a Sea Swift conductor supported platform (CSP) for DeNovo Energy in the Gulf of Paria, offshore Trinidad and Tobago.
Payne Named Chevron HS&E VP
Chevron Corporation named David Payne corporate vice president of Health, Environment and Safety, effective May 1, 2018. Payne is currently vice president of Chevron’s Drilling and Completions organization. He succeeds Wes Lohec…
BHP Hires Four Banks for U.S. Shale Exit
BHP hires Barclays, Citi, BAML and GS. BHP , the world's largest miner, has asked four investment banks to help it prepare for either a sale or spin-off of its underperforming U.S. shale oil and gas unit, with a view to taking a decision in early 2018, sources said.
Return To Scene Delivers First Caribbean Project for BP Trinidad & Tobago
Aberdeen-based visual asset and data management (VAM) specialist Return To Scene Limited, part of James Fisher and Sons plc, has completed and delivered its first project for BP Trinidad and Tobago (BPTT). The digital survey of BP’s normally unmanned installation (NUI) Mango…
Trafigura's Purchases from State Oil Firms Rose in 2016
Trafigura's aggregate direct purchases of crude, refined products and natural gas from national oil companies rose in 2016 to a third of its traded volumes, up from about a quarter in 2015, according to the company's annual responsibility report published on Wednesday.
