South America / GoM
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 | |
| Production: | NaN | NaN |
| Consumption: | NaN | NaN |
| Exports: | NaN | NaN |
| Imports: | NaN | NaN |
| Reserves: | NaN | NaN |
| Major fields: |
Trinidad - recent news
| 21 Jan 25 |
Trinidad: Predator Oil & Gas Holdings acquires majority shareholding in Caribbean Rex Predator Oil & Gas Holdings has announced the completion of a strategic investment to acquire 51% of the issued share capital of Caribbean Rex Ltd (CRL). CRL'S sole asset is a 100% interest in and operatorship of the Bonasse Field in the SW Peninsular, Trinidad. |
| 13 Dec 24 |
Trinidad: Touchstone acquires Central block exploration and production licence Touchstone Exploration has acquired all the share capital of Shell Trinidad Central Block Limited (STCBL). STCBL holds a 65 percent operating working interest in the Central block exploration and production licence and gas processing plant in the Republic of Trinidad and Tobago. |
| 20 Nov 24 |
Trinidad: BP awarded PSC for Block NCMA 2, offshore Trinidad The Ministry of Energy and Energy Industries (MEEI) has announced that a negotiated Production Sharing Contract (PSC) for Block NCMA 2 has been signed between the Government of the Republic of Trinidad and Tobago and the successful bidder, BP Exploration Operating Company (BPEOC). |
| 13 Nov 24 |
Touchstone Exploration reports Q3 2024 results and updated guidance Touchstone Exploration reports financial and operating results for the three and nine months ended September 30, 2024 and updated 2024 guidance. The Company achieved average quarterly production of 5,211 boe/d, a 54 percent increase relative to 3,391 boe/d produced in the third quarter of 2023, reflecting a full quarter of natural gas production from the Cascadura field, slightly offset by Cascadura natural gas and associated liquids natural declines. |
| 11 Nov 24 |
Trinidad: Touchstone announces Cascadura well test results Touchstone Exploration has announced the completion of Cascadura-2ST1 and Cascadura-3ST1 well testing. The Cascadura-2ST1 well is currently on continuous production to the Cascadura natural gas processing facility, and the Cascadura-3ST1 well is scheduled to commence permanent production within the next two days. |
Trinidad - more news
Other countries in this region
- Argentina,
- Aruba,
- Bahamas,
- Barbados,
- Belize,
- Bermuda,
- Bolivia,
- Brazil,
- Canada,
- Chile,
- Colombia,
- Costa Rica,
- Cuba,
- Dominican Republic,
- Ecuador,
- Falklands,
- French Guiana,
- Grenada,
- Guatemala,
- Gulf of Mexico,
- Guyana,
- Honduras,
- Jamaica,
- Mexico,
- Nicaragua,
- Panama,
- Paraguay,
- Peru,
- Suriname,
- Uruguay,
- USA,
- Venezuela
