Staatsolie Maatschappij Suriname N.V. has announced the signing of a production sharing contract (PSC) with PETRONAS Suriname E&P B.V. (PSEPBV) and Paradise Oil Company N.V. (POC) for Block 66 in Suriname's deep offshore.
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Staatsolie Maatschappij Suriname N.V. has announced the signing of a production sharing contract (PSC) with PETRONAS Suriname E&P B.V. (PSEPBV) and Paradise Oil Company N.V. (POC) for Block 66 in Suriname's deep offshore.
FourPhase, a solids and production performance specialist for the oil and gas sector, has announced a new MSA with Shell Trinidad and Tobago. The MSA involves sand management and production optimisation for Shell Trinidad & Tobago on its topside offshore oil and gas platforms in the Caribbean.
CAF – Development Bank of Latin America and the Caribbean and the Caribbean Development Bank (CDB) have signed a landmark Memorandum of Understanding (MoU) that will strengthen their long-standing partnership and provide increased financing for development across the Caribbean.
There are many workers in the energy sector in Trinidad & Tobago who are skilled and experienced, but who lack any formal certification. These individuals have typically learnt their craft on the job through their direct exposure on maintenance programmes or infrastructure upgrades. They are typically not employed full-time with contractor companies, but pick up temporary work usually when there is a major turnaround taking place.
Dr. The Honourable Roodal Moonilal, Minister of Energy and Energy Industries and the Honourable Ernesto Kesar, Minister in the Ministry of Energy and Energy Industries along with senior members of the Minister, met separately with executives from natural gas producers, Touchstone Exploration and DeNovo.
Yesterday evening the Joint Chambers donated TT$ 50,000 to SEWA-TT to assist them in their ongoing efforts to bring relief to people impacted by flooding across Trinidad & Tobago. The Joint Chambers Relief Fund is a fund managed by the country’s four major business associations, from which monetary donations can be quickly disbursed to approved NGOs in post-disaster situations in Trinidad & Tobago and elsewhere in the Caribbean.
Dr. The Honourable Roodal Moonilal, Minister of Energy and Energy Industries and the Honourable Ernesto Kesar, Minister in the Ministry of Energy and Energy Industries along with other senior representatives from the Ministry, met separately with executives from major downstream companies, Proman and Caribbean Gas Chemical Limited (CGCL).
In 2024, there were four major producers of natural gas in Trinidad & Tobago, namely bpTT, Shell, EOG Resources and Woodside. Together these companies produce about 95% of the country’s natural gas. Almost all of this comes from offshore fields predominantly off the east of Trinidad and north coasts of Trinidad and Tobago.
Subsea7 has announced that the company was awarded a sizeable contract by Shell for the Aphrodite gas project offshore Trinidad and Tobago.
“Does wind power have a future in the Caribbean?” This was the question posed in the final panel of the Caribbean Sustainable Energy Conference in Port of Spain last week, against a backdrop of scepticism from many commentators about the potential of wind power both in the Caribbean and globally.
Statement by Dr Roodal Moonilal
Minister of Energy and Energy Industries
Saturday June 7, 2025
EnergyNow Issue 52
According to International Energy Agency (IEA) data, the world invested more than US$ 2 trillion in clean energy last year, almost twice as much as it did in fossil fuels. This pushed total energy investment above US$ 3 trillion.
Shell Trinidad and Tobago Ltd. (Shell), a subsidiary of Shell plc, has taken a Final Investment Decision (FID) on the Aphrodite project, an undeveloped gas field in the East Coast Marine Area (ECMA) in Trinidad and Tobago.
Since we met here one year ago, there have been major shifts in the global landscape for sustainable energy. We have seen some major economies cancelling or restructuring previous policies, to encourage investments into lower carbon energy sources; the United States being the most obvious case, but they are not alone: as many other countries have also either scaled back subsidies or pushed back regulatory deadlines that were driving the energy transition.
More than a decade ago, the Energy Chamber established a Green Energy Day as part of the T&T Energy Conference. Since then, interest in renewable energy and decarbonisation has grown substantially. So much so, that in 2017 we created a separate two day event called the Clean Energy Conference. The conference continued to grow and the name changed to the Caribbean Sustainable Energy Conference to ensure that we covered the Caribbean and discussed the way that the energy sector can become an active player in establishing a sustainable energy future; one which meets the demands of the future while simultaneously lowering the carbon footprint.
Dr. the Honourable Roodal Moonilal, Minister of Energy and Energy Industries and the Honourable Ernesto Kesar, Minister in the Ministry of Energy and Energy Industries along with other representatives of the Ministry of Energy and Energy Ministries met individually with representatives from major upstream oil and gas producers bp Trinidad and Tobago, Perenco and Woodside Energy.
People often think that CO2 is the only greenhouse gas (GHG) which contributes to global warming and climate change. However, there are other important GHGs such as methane (CH4) and nitrous oxide (N2O) which are also tracked under global climate agreements and which countries report under their international obligations under the Paris climate agreement.
bp Trinidad and Tobago (bpTT) has announced that the Mento development has safely delivered first gas through connection of the initial discovery well and the drilling campaign for the remaining seven gross wells on the platform will now begin.
Heritage Petroleum has announced that it has successfully spud Well FR1831.
According to a press release from the company, this marks the 5th well in the company’s 2025 land drilling campaign