Sunday, February 17, 2019

Trinidad And Tobago News

GasLog: LNG Demand Grew 9% in 2018

Image: GasLog

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

(Photo: BP)

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

Cabinet appointed Empowered Negotiations Team continued negotiations with British Petroleum Trinidad and Tobago (BPTT) and Shell Trinidad and Tobago Limited. Photo: Government of the Republic of Trinidad and Tobago

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

Image: Denovo Proman

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

Photo: Fugro

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

Photo: Aquaterra

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

File Image (CREDIT: AdobeStock / (c) Shamtor)

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.

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.

Return To Scene Delivers First Caribbean Project for BP Trinidad & Tobago

Photo: Return to Scene

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…

BHP hires Barclays, Citi for U.S. shale gas divestment

File Image (CREDIT: AdobeStock / (c) Shamtor)

BHP Billiton has hired Barclays and Citigroup to help it exit its underperforming U.S. shale oil and gas business, which could fetch around $10 billion, two banking sources said. U.S. activist investor Elliott Advisors, which…

Gas Starts Flowing from BP's New Offshore Fields

BP has started producing gas from two new projects offshore Trinidad and Tobago and Australia, the company said on Monday, further boosting output that is helping the company to turn a corner after a bruising market downturn.

Multiple BP Projects Coming on Stream 'Imminently'

Two new BP projects in Trinidad and Tobago and Australia are set to come on stream "imminently", Chief Executive Officer Bob Dudley said on Wednesday. The two projects are part of a portfolio of seven new assets the British oil major will start up this year.

BP Awards Angelin EPCIC Contract to McDermott

Photo: McDermott International

McDermott International, Inc. has been awarded an engineering, procurement, construction, installation and commissioning (EPCIC) contract from BP Trinidad & Tobago, LLC (bpTT) for the Angelin gas field, located 25 miles (40 kilometers) off the east coast of Trinidad and Tobago.

BP to Develop Gas Project offshore Trinidad

BP announces two major discoveries in Trinidad and Tobago; new project to offset BP's declining production in country. BP has given the go-ahead for its $500 million Angelin offshore gas field development in Trinidad and Tobago…

One Billion Additional Barrels 'Possible' in GoM Hubs -BP

BP's Na Kika platform in the Gulf of Mexico (File photo: BP)

The head of BP's Gulf of Mexico region said on Monday the oil company's use of a new seismic imaging technology has identified 1 billion additional barrels of "possible resources" at four of its U.S. offshore fields. Richard Morrison…

Peterson Wins 5-year Contact to Support BP in Trinidad

Erwin Kooij (Photo: Peterson Offshore Group)

An international energy logistics provider Peterson has been awarded a five year contract, with options for further extension, with BP Trinidad and Tobago LLC (BPTT) to provide integrated logistics services for its operations in Trinidad & Tobago.

TOCFO Completes Fabrication of Juniper Topsides

Photo: TOFCO

Trinidad Offshore Fabricators Unlimited (TOFCO) said it has recently completed work for the Juniper offshore gas platform topsides at its facility in La Brea, Trinidad. The project marks a milestone for Trinidad and Tobago as…

BP May 'Incrementally' Increase U.S. Shale Portfolio

BP is looking at ways to incrementally increase its footprint in U.S. shale oil and gas production, its Chief Executive Officer Bob Dudley said on Tuesday. Dudley said the company will use "a lot of discipline" in investments in the sector as asset prices are high.

BP’s Juniper platform sets sail for offshore Trinidad

Juniper platform Photo BP

BP Trinidad and Tobago LLC (bpTT) today announced that the new Juniper offshore platform has begun its journey towards the southeast coast of Trinidad where it will be installed as bpTT’s 14th offshore installation. The Juniper…