South America / GoM

Trinidad flag
Summary | Profile

Country profile: Trinidad

Location: Caribbean, islands between the Caribbean Sea and the North Atlantic Ocean, northeast of Venezuela ,0
Climate: tropical; rainy season (June to December)
Terrain: mostly plains with some hills and low mountains
Size: 5128 sq. km total (Land area: 5128 sq. km  Water area: sq.km)
Population: 1,047,366 (July 2008 est.)
Languages: English (official), Caribbean Hindustani (a dialect of Hindi), French, Spanish, Chinese
Government: parliamentary democracy
Capital city: Port-of-Spain
Legal system: based on English common law; judicial review of legislative acts in the Supreme Court; has not accepted compulsory ICJ jurisdiction
Currency: Trinidad and Tobago dollar (TTD)
Licensing:

Country profile

 

The islands of the Caribbean basin are predominantly net energy importers, with the exception of Trinidad and Tobago. Agriculture and natural resource extraction activities continue to constitute the basis of the islands' economies, though the tourism and service sectors are growing. In recent years, the Caribbean countries have been worried that higher global oil prices will impair their efforts to expand economically.
 
In response, the island nations have been discussing ways to better integrate their energy sectors, especially in regards to increased natural gas exports from Trinidad and Tobago to other islands. These efforts have also focused on the major external energy suppliers to the region, such as Mexico and Venezuela.

Energy production and consumption


Oil Gas
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Trinidad - recent news

26 Apr 24
Trinidad: Trinity Exploration provides Q1 2024 operational update
AIM-listed Trinity Exploration & Production, the independent E&P company focused on Trinidad and Tobago, has provided an update on operations for the three-month period ended 31 March 2024.
17 Apr 24
Trinidad: Argeo signs contract with Woodside Energy for Calypso AUV survey
Argeo has signed a contract with Woodside Energy to execute the 2024 AUV geophysical survey for the deepwater Calypso field in Trinidad and Tobago.
10 Apr 24
Trinidad: Wood secures contract with Atlantic LNG in Trinidad and Tobago
Wood’s joint venture company, Massy Wood, has secured a three-year agreement with Atlantic LNG Company of Trinidad and Tobago, to provide project management and engineering expertise for Atlantic’s liquefaction facility in Point Fortin, Trinidad.
10 Apr 24
Trinidad: Touchstone Exploration announces operational update
Touchstone Exploration has provided an operational update, highlighted by drilling results at the Cascadura-3ST1 delineation well and the CO-374 development well.
20 Mar 24
Trinidad: Wood joint venture secures new framework agreement with Shell in Trinidad & Tobago
Wood’s joint venture company, Massy Wood, has secured a five-year framework agreement with Shell for the delivery of engineering projects and asset support in Trinidad and Tobago.

Trinidad - more news

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