CSA Ocean Sciences Inc. (CSA), an international marine environmental consulting and survey company, today announced the conclusion of a post drill monitoring survey (PDMS) offshore Trinidad for a local upstream oil and gas operator. The well was drilled by the operator during May to August 2022, with CSA completing the PDMS in November 2022 in full accordance with local regulatory requirements.

The Network of Caribbean Chambers of Commerce (CARICHAM) elected two women to the top posts in the regional organization. This historic move marked a significant step forward for gender equality and female leadership in the Caribbean business landscape.

At the opening ceremony of the Caribbean Sustainable Energy Conference 2023, Hon. Stuart Young, Minister of Energy and Energy Industries during his keynote address, focused on “reality” and the need to focus on energy security. He said that this needed to be the leading platform and pillar of our way forward.

The National Gas Company of Trinidad and Tobago Limited (NGC) deepened its presence and participation along the local natural gas value chain, with its latest acquisition of shareholdings in several upstream gas assets. Following the execution of a Sales and Purchase Agreement in July 2021, NGC E&P Investments Limited - a wholly owned subsidiary of NGC - completed the acquisition of Heritage Petroleum Company Limited’s (Heritage’s) participating interest in the Offshore Blocks NCMA 4 (20%), Block 22 (10%) and Block 9 (100%), which are in Trinidad’s North Coast Marine Area (NCMA). It also acquired Heritage’s 19.5% shareholding in Point Fortin LNG Exports Limited (PFLE). Gas is sold to NGC for the Domestic market and to PFLE for the LNG export market.

Trinity Exploration & Production plc (AIM: TRIN), the independent E&P company focused on Trinidad and Tobago, is pleased to announce that it has been advised by the Government of Trinidad and Tobago Ministry of Energy and Energy Industries ("MEEI") that Trinity's application for the Buenos Ayres block offered in the 2022 Onshore and Nearshore Competitive Bid Round has been successful.

The Honourable Stuart R. Young, MP Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister delivers keynote address at the Energy International Summit of the Association of International Negotiators Under the theme- “Pursuit of Energy Security and Sustainability - A Caribbean Perspective” on June 1st, 2023 in Miami, Florida.

Chairman Michael Quamina SC and the Board of Directors of Heritage Petroleum Company Limited (Heritage) have selected Erik Keskula as the CEO of the Company. Mr. Keskula will serve as the CEO Designate for the period June 1st to June 13th and will assume full responsibility when Ms. Arlene Chow current CEO retires from the Company on June 13th, 2023.

After four years of service, Chief Executive Officer and veteran energy professional Arlene Chow will retire from Heritage Petroleum Company Limited (Heritage).

The Government of the Commonwealth of Dominica has signed a Framework Agreement that will initiate the first large-scale green hydrogen geothermal development in the Caribbean. This milestone agreement represents a material step taken by a Caribbean island to monetise its significant geothermal resources on a large scale, through its generation of green hydrogen and green electricity both for export and local consumption. 

Trinity Exploration has indicated in their operational update that wellsite preparation for the onshore deep Jacobin well is underway, with the well expected to spud in late April.

Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister the Honourable Stuart R. Young MP along with Permanent Secretary Mrs. Penelope Bradshaw-Niles and Deputy Permanent Secretary, Ms. Karinsa Tulsie of the Ministry of Energy and Energy Industries met with officials from Nutrien, Denbury and The National Gas Company Limited at the Ministry of Energy and Energy Industries International Waterfront Complex Head Office.

The Energy Chamber of Trinidad & Tobago was delighted to collaborate with the European Union and Caribbean Export Development Agency (Caribbean Export) in a webinar on the EU’s Carbon Border Adjustment Mechanism (CBAM) held earlier today. Dr. Thackwray Driver, President and CEO of The Energy Chamber of Trinidad and Tobago moderated the webinar with stakeholders across the Caribbean, many from the energy sector in T&T.

HDF Energy (Hydrogène de France) is delighted to announce the start of construction work on the world’s first mass production plant for high-power hydrogen fuel cells. Representing a major technological and industrial breakthrough, the plant, which has been pre-notified as an IPCEI1, will supply the French domestic and international markets in heavy marine and rail mobility and electricity generation for energy grids. Located on the site of the former Ford factory in Blanquefort near Bordeaux, the new plant will contribute to the reindustrialisation of France and Europe, the creation of local jobs and the exportation of French technology.

Touchstone Exploration Inc. reported that the company was notified by The National Gas Company of Trinidad and Tobago Limited that they expect to be ready to receive first gas from the Cascadura natural gas and associated liquids facility on or about June 30, 2023.

Touchstone Exploration has announced that it has commenced operations at the Royston-1X sidetrack well located on the onshore Ortoire block in the Republic of Trinidad and Tobago. Touchstone has an 80 percent operating working interest in the well, with Heritage Petroleum Company Limited holding the remaining 20 percent working interest. 

The Energy Chamber of Trinidad & Tobago was encouraged by the positive response to the onshore bid round.  Eight of the eleven blocks on offer received at least one bid, with a total of sixteen bids from eight different companies.  While the Trinidad & Tobago onshore province represent very mature acreage, the recent exploration success of Touchstone shows that it is still possible to make new finds and develop new fields in this mature setting.  Onshore production in mature provinces will typically attract attention from smaller producers, rather than major oil and gas companies, and this was the case in this bid round.

Touchstone Exploration has released its 2021 Sustainability Report.

The Board of Directors of the Energy Chamber mourns the passing of Mr. Indar Maharaj.