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
| 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. |
| 28 Mar 25 |
Trinidad: Woodside to divest Greater Angostura assets to Perenco Woodside has entered into an agreement with Perenco to divest its Greater Angostura assets in Trinidad and Tobago for $206 million. The divestment is inclusive of Woodside’s interest in the shallow water Angostura and Ruby offshore oil and gas fields, associated production facilities and the onshore terminal. |
| 18 Feb 25 |
Trinidad: Predator Oil & Gas to acquire Challenger Energy's business, assets and operations in Trinidad and Tobago Predator Oil & Gas Holdings has entered into a transaction with Challenger Energy for the acquisition of its St Lucia domiciled subsidiary company, Columbus Energy (St. Lucia) ('CEG Trinidad'), which in turn holds various subsidiary entities collectively representing all of the CEG's business, producing assets and operations in Trinidad and Tobago. |
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
