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


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Trinidad - recent news

29 Apr 25
Trinidad: Subsea7 and SLB OneSubsea awarded EPCI contract for bp's Ginger project
Subsea 7 has announced the award of a substantial engineering, procurement, construction, and installation (EPCI) contract by bp to Subsea Integration Alliance (SIA) for the Ginger project offshore Trinidad and Tobago.
29 Apr 25
Trinidad: Touchstone provides update on the acquisition of Shell Trinidad Central Block Limited ('STCBL')
Touchstone Exploration has provided an update regarding the previously announced transaction to acquire the entire share capital of Shell Trinidad Central Block Limited ('STCBL').
07 Apr 25
Trinidad: TGS awarded OBN 3D contract offshore Trinidad
TGS has announced the award of a shallow water OBN acquisition contract in Trinidad. The 3D baseline contract is scheduled to commence in early Q3. The total duration of the survey is approx. 80 days.
03 Apr 25
Trinidad: BP Trinidad and Tobago gives Ginger green light, announces Frangipani success
bp Trinidad and Tobago has achieved two major milestones, sanctioning the Ginger gas development and exploration success at its Frangipani well. Taking FID on Ginger and discovering gas at Frangipani are the latest demonstrations of upstream activity this year for bp, in line with its strategy to grow its oil and gas business.
03 Apr 25
Trinidad: bpTT announces start of production from new Cypre gas project
bp Trinidad and Tobago (bpTT) has confirmed its Cypre development has safely delivered its first gas. Cypre is one of bp’s 10 major projects expected to start up worldwide between 2025 and 2027, announced as part of bp’s reset strategy to grow the upstream.

Trinidad - more news

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