PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 17.Feb.2025) â Major oil and gas companies in Trinidad and Tobago â BPTT, Shell plc, EOG Resources, BHP Billiton/ Woodside Energy and The National Gas Company of Trinidad and Tobago (NGC) â paid $7.4bn to the government of the twin-island nation between […]
Tag: bpTT
IOCs Responsible for 95% of Trinidad’s Gas Output in Sep. 2024
(Piero Stewart, Energy Analytics Institute, 25.Dec.2024) â Natural gas production in Trinidad and Tobago averaged 2.497 billion cubic feet per day (Bcf/d) in Sep. 2024, down 7.2% sequentially compared to 2.691 Bcf/d in Aug. 2024, the Ministry of Energy and Energy Industries (MEEI) announced in its most recent ‘Consolidated Monthly […]
5 IOCs in Trinidad Responsible for 32% of Sep. 2024 Oil and Condensate Output
(Piero Stewart, Energy Analytics Institute, 25.Dec.2024) â Crude oil and condensate production in Trinidad and Tobago averaged 54,154 barrels per day (b/d) in Sep. 2024, up 5.6% sequentially compared to 51,260 b/d in Aug. 2024, the Ministry of Energy and Energy Industries (MEEI) announced in its most recent ‘Consolidated Monthly […]
bpTT Awarded NCMA 2 Exploration Block Offshore Trinidad
(Energy Analytics Institute, 19.Nov.2024) â bp has been awarded the NCMA 2 block offshore Trinidad & Tobago as part of the Shallow Water 2023/24 bid round that closed in May 2024. The NCMA 2 block is located approximately 30 miles off Trinidad’s north coast, bp announced 19 Nov. 2024 in […]
Mento Platform Nears Sailaway
(Energy Analytics Institute, 23.Oct.2024) â Trinidad and Tobago Prime Minister (Acting) and Minister of Energy and Energy Industries, Stuart Young, toured the Mento platform at the TOFCO fabrication yard on 23 Oct. 2024. Young toured the facility accompanied by executives from EOG, bpTT and TOFCO including George Vieira, Managing Director, […]
Trinidadâs Gas Output Averaged 2.36 Bcf/d in Jul. 2024
(Energy Analytics Institute, 9.Oct.2024) â The production of natural gas in the twin-island nation of Trinidad and Tobago averaged 2.36 Bcf/d in Jul. 2024, according to the most recent data published by the Ministry of Energy and Energy Industries (MEEI). BPTT was the largest gas producer with production of 1.1 […]
bpTT to Divest Fields to Perenco, Refocusing Gas Business
(bp, 2.Sep.2024) â 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. bpTT operates, and currently is the sole owner in each of […]
BP in Talks to Sell Some Trinidad Upstream Gas Assets to Perenco
(Reuters, 8.Apr.2024)Â â BP is close to an agreement to sell some of its Trinidad and Tobago oil and gas assets to Anglo-French oil company Perenco, according to three people familiar with the talks. BP is Trinidad and Tobago’s largest natural gas producer with an output of just over 1.3 billion […]
Venezuela, MEEI, NGC, and bpTT Discuss Manakin/Cocuina
(Energy Analytics Institute, 14.Mar.2024) â Parties from Trinidad and Tobago and Venezuela met in Caracas, Venezuela on 13 Mar. 2024 to commence engagement, discussions and negotiations related to the cross border Manakin/ Cocuina hydrocarbon field. The presentations and discussions including the exchange of technical information and negotiation of legal terms […]
MEEI Providing Support to TEMA Regarding Oil Spill
(MEEI, 7.Feb.2024) â Last night the Ministry of Energy and Energy Industries (MEEI) dispatched a team of petroleum inspectors from its Petroleum Operations Management Division (POMD) to Tobago under the leadership of Marc Rudder, Chief Technical Officer at the MEEI, to assist the Tobago House of Assembly (THA) and Tobago […]
Energy Chamber Welcomes News of Atlantic Restructuring Agreement
(The Energy Chamber of Trinidad & Tobago, 6.Dec.2023) â The Energy Chamber of Trinidad & Tobago welcomes the news of the final signing of the Atlantic restructuring agreement. The Energy Chamber would like to thank and compliment the negotiating teams from bpTT, Shell, the National Gas Company of Trinidad and […]
New Unitized Commercial Structure for Atlantic LNG
(Office of the Prime Minister of Trinidad and Tobago, 5.Dec.2023) â The government has secured a new unitized commercial structure for Atlantic LNG which allows the National Gas Company of Trinidad and Tobago (NGC) to obtain a greater share in the revenue derived from the sale of LNG on the […]
Rowley: LNG Restructuring Saving T&T
(Trinidad Guardian, 27.Oct.2023) â Prime Minister Dr Keith Rowley yesterday described the signing in early December of the agreements to restructure the shareholding in Atlantic LNG as one of the most significant decisions that the Government has been able to accomplish. And he told the post-Cabinet news conference yesterday at […]
Trinidad to Restart Idled LNG Unit by Early 2027
(Reuters, 7.Jun.2023) â Trinidad and Tobago aims to restart an idled liquefied natural gas (LNG) unit by the first quarter of 2027 after agreeing to restructure the facility’s ownership and negotiate new gas supplies, according to three people with knowledge of the plans. Trinidad is Latin America’s largest LNG exporter, but its joint venture […]
bpTT Adds Mango Field Production
(bpTT, 29.May.2023) â bpTT today announces the successful completion of the first phase of its âsmall poolsâ drilling campaign which began in October 2022. The campaign includes three wells in the Mango field, one well in the Savonette field and 3 wells in the Angelin field. The first phase of […]
Trinidad and Tobago: Natural Gas Crisis
(Trinidad Express, 23.Apr.2023) â The countryâs lone cooking gas producer and several petrochemical plants at Point Lisas have been shut down amid a full-blown natural gas crisis triggered by an electrical fire at bpTTâs Mahogany hub and continued mechanical issues at its Cassia C platform. The Sunday Express has been […]
Keith Rowleyâs Keynote Address at TTEC 2023
(The Office of the PM of Trinidad and Tobago, 23.Jan.2023) â Prime Minister of the Republic of Trinidad and Tobago Dr. Hon. Keith Rowley gave a keynote address at the Trinidad and Tobago Energy Conference 2023 under the theme of âNavigating a Complex Energy Futureâ. What follows is his address. […]
David Campbell at Atlantic LNG HoA Signing
(bpTT, 6.Dec.2022) â bpTT President David Campbell speaks about the deal between BP Plc, Shell Plc, The National Oil Company of Trinidad and Tobago (NGC) and Chinese Investment Corporation (CIC). Good morning It is my honour to take part in todayâs event as we mark a very important milestone for […]
bpTT Starts Production from Cassia C Facility
(bpTT, 29.Nov.2022) â bp Trinidad and Tobago LLC (bpTT) today confirms its Cassia C development has safely delivered first gas.Cassia C is bpTTâs first offshore compression platform and its biggest offshore facility. It will enable bpTT to access and produce low pressure gas resources from the Greater Cassia Area. The […]
NGC and bpTT Ink Collaboration Deal to Explore Energy Sector Synergies
(NGC, 13.Oct.2022) â The National Gas Company of Trinidad and Tobago Limited (NGC) and bp Trinidad and Tobago (bpTT) signed a collaboration agreement to explore opportunities for cooperation in several focus areas of mutual interest within the energy industry. The agreement, which was signed on 12Â October 2022, serves to strengthen […]
bpTT’s Cypre Project Gets Go Ahead
(bpTT, 24.Sep.2022) â bp Trinidad and Tobago (bpTT) confirmed that it is proceeding with the development of its Cypre offshore gas project. This decision followed recent meetings of Trinidad and Tobagoâs Prime Minister Dr Keith Rowley, Minister of Energy and Energy Industries Stuart Young, bp CEO Bernard Looney and incoming […]
NGC and bpTT Ink Milestone Gas Deal for Future Domestic Supplies
(TT MEEI, 23.Sep.2022) â The National Gas Company of Trinidad and Tobago Limited (NGC) has signed a milestone gas supply contract (âGSCâ) with energy major, bp Trinidad and Tobago (bpTT), securing a future domestic gas supply for Trinidad and Tobago for the upcoming years. NGCâs President Mark Loquan and bpTTâs […]
bpTT targets âSmall Poolâ Gas Opportunities
(bpTT, 26.May.2022) â bpTT announced the return of the Joe Douglas Jack Up rig which will arrive in Trinidad in September 2022 and begin drilling operations in the fourth quarter. The first phase of the drilling programme will involve development drilling of small pools; three wells in the Mango field […]
Secret Deal: TT Govt Agrees Atlantic LNG Train 1 is Dead
(Trinidad Guardian, 23.Feb.2022) â The Keith Rowley administration has quietly walked away from any hope of salvaging Atlantic LNG Train 1 and has instead signed an agreement with Royal Dutch Shell, the National Gas Company and bpTT to unitise trains two, three and four into a single train. The government […]
More Gas Pains for T&T
(Trinidad Guardian, 10.Feb.2022) â T&T can expect 2022 to be another year of major natural gas shortages that will negatively impact the countryâs economy, LNG exports and the downstream petrochemical sector. The countryâs largest natural gas supplier bpTT has confirmed that it will this year produce a mere 1.25 billion […]
bpTT, UWI, and UTT To Advance Carbon Capture and Storage Research
(bpTT, 24.Jan.2022) â bpTT is aiding Trinidad and Tobagoâs energy transition through its support for this countryâs first Carbon Capture and Storage (CCS) mapping project. bpTT has committed $340,000 to the CCS Storage Atlas project which is jointly led by the University of the West Indies and University of Trinidad […]
Claire Fitzpatrick at Caribbean Sustainable Energy Conference 2022
(bpTT, 24.Jan.2022) â Opening remarks from Claire Fitzpatrick at the Caribbean Sustainable Energy Conference 2022. Opening remarks Good morning – all protocols observed. bpTT is honoured to continue its support for this conference and we welcome the expanded focus on sustainable energy and the wider Caribbean. When it comes to […]
PM Keith Rowley Holds Energy Talks With BP In London
(The Office of the Prime Minister of Trinidad and Tobago, 4.Nov.2021) â Prime Minister Dr the Honourable Keith Rowley met with BPâs Chief Executive Officer, Bernard Looney at the companyâs headquarters in London on Thursday 4 November, 2021. Minister of Energy and Energy Industries and Minister in the Office of […]
Understanding The NGC Debacle: 10 Things To Know
(Loop News, 22.Sep.2021) â What is all the talk of the scandal surrounding the National Gas Company of T&T (NGC) really about? It can sometimes be hard to understand as many of us can get confused when we hear politicians talk about upstream (oil and gas exploration companies) and the […]
bpTTâs Matapal Achieves Early First Gas
(bpTT, 17.Sep.2021) â bp Trinidad and Tobago LLC (bpTT) confirms its Matapal project has safely achieved first gas. The major milestone was achieved ahead of schedule and under budget despite the constraints brought about by the COVID-19 pandemic. Matapal is bpTTâs second subsea development. Itâs comprised of three wells, which […]
bp EVP Emphasizes Commitment To Trinidad
(bpTT, 8.Sep.2021) â Dev Sanyal, executive vice president Gas and Low Carbon Energy, bp – has emphasized bpâs commitment to the continued development of its Trinidad and Tobago business. Sanyal had a virtual meeting with Minister of Energy and Energy Industries the Hon Stuart Young on Sept 7. Sanyal took […]
Scandal Deepens Over Ill-fated Gas Deal
(Trinidad Guardian, 3.Sep.2021) â In what could turn out to be a major scandal for the government and state-owned National Gas Company, (NGC) Guardian Media has obtained confidential correspondence between Finance Minister Colm Imbert and the Board of the NGC that show the Board seeking, and Imbert agreeing, to grant […]
bpTT/EOG Make 1 Tcf Gas Discovery
(The Guardian, 23.Aug.2021) â An exploration well drilled by bpTT and EOG Resources has discovered one trillion cubic feet of gross natural gas resources, off the East Coast, off Trinidad according to documents from both companies. Confidential documents from bpTT which Guardian Media has copies of and which were presented […]
The bpTT Conundrum
(Trinidad Guardian, 4.Aug.2021) â It was in 1973 that the world experienced the first oil-price shock. It was spurred by the Yom Kippur War in the Middle East in which the Americans and other Western countries supported Israel in its war against Egypt and Syria. This led to crude prices […]
bpTT: Gas Forecast ‘Subject To Change’
(Trinidad and Tobago Newsday, 29.Jul.2021) â Energy company bpTT on Wednesday expressed concern and disappointment over a newspaper report which claimed there would be a major shortfall in natural gas production and that it had told the Government not to count on it. In a statement, bpTT said the article […]
bp Announces Cassia C Installation
(bpTT, 26.Jul.2021) â bp Trinidad and Tobago LLC (bpTT) announced the installation of the topsides of its Cassia Compression (Cassia C) platform off Trinidadâs east coast. The installation marks a significant milestone in the Cassia C project which will enable bpTT to access and produce low pressure gas reserves from currently-producing fields in the Greater […]
bpTT’s Fitzpatrick At The Climate Change Symposium
(bpTT, 17.Jun.2021) â bpTTâs Claire Fitzpatrick spoke at the Climate Change Symposium held on 14 June 2021. What follows is her full speech. Carbon Commitments and the Future for the Energy Sector Honourable Bridgid Annisette-George, MP Speaker of the House, Trinidad and Tobago Parliament Members of Parliament of Trinidad and […]
bpTT’s Claire Fitzpatrick At TTEC
(bpTT, 8.Jun.2021) â bpTTâs Claire Fitzpatrick spoke at the Trinidad and Tobago Energy Conference. What follows is her full speech. Good morning. The future of the energy sector in Trinidad and Tobago is on everyoneâs mind. If I were to sum up the challenge in one simple statement: There is a future, but […]
Atlantic LNG’s Future Still Being Discussed
(Trinidad Guardian, 13.May.2021) â The future of Atlantic LNGâs operations and, more specifically, the status of Train 1 is still being discussed by stakeholders. This even though the National Gas Company of T&T Ltd (NGC) has already spent tens of million of dollars to restart the Train 1 plant. Minister […]
Trinidad: Natural Gas Sales Down 21%
(Trinidad Guardian, 16.Apr.2021) â Natural gas sales in T&T declined by a whopping 21 per cent from February 2020 to February 2021. According to figures from the Minister of Energy, natural gas sales continued to fall and averaged 2.646 billion cubic feet per day (bcf/d) in February 2021. Natural gas […]
bpTT Says To Dismiss 149 Employees
(bpTT, 16.Dec.2020) â In February 2020, we launched our new purpose: to reimagine energy for people and our planet and also announced a bold new ambition: to become a net zero (GHG emission) company by 2050 or sooner, and to help the world get to net zero. On 8 June […]
Matapal First Gas Expected In 2022, bpTT Says
(bpTT, 8.Oct.2020) â bp Trinidad and Tobago LLC (bpTT) continues to invest in the energy future of Trinidad and Tobago and has commenced work on the Matapal field development. Matapal is a subsea development comprised of three wells that tie back into the existing Juniper platform. Matapal will deliver gas […]
bpTT Initiates Galeota Expansion Project
(bpTT, 2.Oct.2020) â bp Trinidad and Tobago LLC (bpTT) announced the safe start-up of the Galeota expansion project (GEP). The project has been under construction since late 2016 and was started up on 28 September 2020. Its completion is a major milestone for bpTT. The Galeota Terminal is core to […]
bpTT And TT Government Ink License Extensions
(bpTT, 9.Sep.2020) â bp Trinidad and Tobago (bpTT) announced the successful completion of negotiations with the government of Trinidad and Tobago on extensions to its exploration & production licenses. For several months, bpTT, its co-licensees and the government have been engaged in negotiations related to commercial issues that are important […]
Trinidad’s Energy Chamber Launches LCMS
(Energy Chamber, 9.Sep.2020) â The Energy Chamber of Trinidad and Tobago announces the launch of its Local Content Management System. The launch of the system took place in a virtual event on 9 September 2020. In attendance were over 300 representatives from the Upstream, Downstream and Energy Service contractors and […]
Trinidad Cuts Oil, Gas Budget Price Assumptions
(Argus, 25.Jun.2020) â LNG exporter Trinidad and Tobago has reduced the crude and natural gas price assumptions in its national budget. According to the finance ministry’s mid-year economic review obtained by Argus, the country’s baseline scenario for macroeconomic conditions is now pegged to $45/bl for Brent and $2.90/MMBtu for the […]
BPTT: Matapal, Cassia C On Track
(BPTT, 5.Feb.2020) â BPTTâs Matapal and Cassia C projects are on track, according to Project General Manager Michael Daniel. Daniel gave an update on BPTTâs major projects at the companyâs booth at the Trinidad and Tobago Energy Conference on Tuesday. Cassia C is a compression project which will enable BPTT […]
BHP Says Standing By TT
(Newsday, 2.Jan.2020) â Call it a hunch. The deepwater acreages off the east coasts of Trinidad and Tobago were uncharted territory for hydrocarbon exploration but BHP, the worldâs largest mining and extraction company, still felt there was potential. So, when these blocks came up for auction at the countryâs first […]
BPTT Reports Ginder Gas Find
(BPTT, 15.Nov.2019) â BP Trinidad & Tobago (BPTT) today announced that it has made a gas discovery with the Ginger exploration well, offshore Trinidad. The well is expected to be completed by the end of November 2019. The results of the Ginger well will continue to be evaluated following the […]
PM Keith Rowley Visits TOFCO With BPTT
(T&T Newsday, Carla Bridglal, 22.Jul.2019) â Prime Minister Dr Keith Rowley visited the TOFCO fabrication yard in La Brea on Friday with BPTT team, led by regional president Claire Fitzpatrick, to view fabrication of the jacket and bridge landing for the company’s Cassia C project. Cassia C is BPTT’s next […]
Trinidad, BP, Shell To Restructure Atlantic LNG
(Argus, 3.Jun.2019) â Trinidad and Tobago agreed with BP and Shell to discuss restructuring Atlantic LNG to try to forestall the shutdown of Train 1, which represents 20pc of capacity. BP and Shell are the Caribbean country’s leading natural gas producers and top shareholders in the 14.8mn t/yr Atlantic liquefaction […]
BPTTâs Wendy Fae Thompson At The 3rd Biennial Oil And Gas Law Conference
(BPTT, 29.Mar.2019) â BPTT has partnered with the University of the West Indies from the inception of this conference and we are pleased to once again be a sponsor. 3rd Biennial UWI Faculty of Law Oil and Gas Law Conference and the Just Transition Initiative Conference 2019 March 26-28, 2019 […]
$123.5b from Upstream from 2010 to Â2016 â TTEITI
(Trinidad Express, Anthony Wilson, 15.Aug.2018) â Upstream energy companies operÂating in T&T paid $123.5 billion to the Government between 2010 and 2016, according to data compiled by the Trinidad and Tobago Extractive Industries Transparency Initiative (TTEITI). The organisation provided the information in a written response to the Express Business editorial […]
BPTT Helps Mayaro Students
(Trinidad and Tobago Newsday, Jada Loutoo, 5.Aug.2018) â Some 25 students from across the south-eastern community of Mayaro are set to benefit from a revolutionary new developmental programme sponsored by energy company BP Trinidad and Tobago. Entitiled âLife-Skills, Entrepreneurship and Problem-Solving (LEAP)â, the two-week programme was launched at the Mayaro […]
BPTT Announces Angelin Arrival in Trinidad
(BPTT, 2.Aug.2018) â BP Trinidad and Tobago announced its Angelin platform has arrived in T&T. Angelin, which will be BPTTâs 15th offshore platform, was fabricated in Altamira, Mexico. The topside and jacket sailed from Altamira on June 30. Over the next few weeks they will be installed off the south […]
BPTT Eyes Nine Potential New Developments Over 10 Years
(BPTT, 25.Jul.2018) â BP Trinidad and Tobagoâs long-term plan could potentially see the company investing as much as $8 billion dollars in T&T, in 9 new developments in the next 10 years. This was announced by Claire Fitzpatrick, new BPTT president at a media event held at BPTTâs corporate offices […]
TTâs Energy Landscape
(Trinidad and Tobagoâs Newsday, Richardson Dhalai, 10.May.2018) â Trinidad and Tobago has been involved in the petroleum sector for over 100 years and is the largest oil and natural gas producer in the Caribbean. However, by the early 1990s its hydrocarbon sector moved from being primarily an oil-based economy to […]
Claire Fitzpatrick, First Female to Lead BPTT
(BPTT, 1.May.2018) â Mrs. Claire Fitzpatrick has been appointed as Regional President of BP Trinidad and Tobago (BPTT). In this role, Mrs. Fitzpatrick will be accountable for BPTTâs performance and BPâs business interests in Trinidad and Tobago. She is the first female to lead BPTT, which produces approximately 15% of […]
BPTTâs Angelin Platform Being Built in Mexico
(BPTT, 1.Jun.2017) â Watch BPTTâs Angelin platform come to live in this time lapsed video. See the amazing progress of the BPTT Angelin platform being built in Altamira, Mexico Watch the amazing progress of the @BP_TandT #Angelin platform being built in Altamira, #Mexico https://t.co/5L9v8So3J0 @TTEnergyChamber #energyconference2018 pic.twitter.com/m736HjVLLc — bp (@bp_plc) […]
BPTTâs Angelin Project Gets Green Light
(BPTT, 1.Jun.2017) â BP Trinidad and Tobago LLC announced the sanction for the development of its Angelin offshore gas project. The project will feature the construction of a new platform – bpTTâs 15th offshore production facility – 60 kilometres off the south-east coast of Trinidad in water-depth of approximately 65 […]