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

30 Jan 26
Trinidad: Perenco Trinidad & Tobago progresses revitalisation of 'TSP' fields
Perenco Trinidad & Tobago has confirmed the completion of its latest revitalisation programme across the Teak, Samaan and Poui ('TSP') fields, offshore the southeast coast of Trinidad. The programme, designed to simultaneously increase production and deliver more efficient and sustainable operations, entailed the electrification and the modernisation of the Teak field.
22 Jan 26
Trinidad: Predator Oil & Gas commences Trinidad drilling programme
Predator Oil & Gas Holdings, the Jersey based Oil and Gas Company with producing hydrocarbon operations focussed on Trinidad and Morocco, announces that drilling operations under the Master Services Agreement with NABI Construction commenced in the Bonasse field on 20 January 2026 with the first well in a multi-well programme, BON-18 (previously designated TPD-CD1).
20 Jan 26
Trinidad/Morocco: Predator Oil & Gas Holdings announces Placing to raise £4.5 million
Predator Oil & Gas Holdings, the Jersey based Oil and Gas Company with producing hydrocarbon operations focussed on Trinidad and Morocco, has raised £4.5 million. Funds will be used to finance operations in Trinidad and Morocco.
15 Jan 26
Trinidad: Shearwater Geoservices secures large 3D seismic survey in South America
Shearwater Geoservices has been awarded a contract for a large 3D seismic acquisition programme for ExxonMobil Trinidad and Tobago Deepwater Limited. The deepwater survey offshore Trinidad and Tobago will cover approximately 6,000 sq kms of full-fold area.
07 Jan 26
Trinidad: Predator Oil & Gas announces significant increase in Trinidad production
Predator Oil & Gas Holdings, the Jersey based Oil and Gas Company with producing hydrocarbon operations focussed on Trinidad and Morocco, has announced a significant increase in Trinidad production following the completion of drilling and heavy workover operations ahead of schedule in the Bonasse and Goudron fields.

Trinidad - more news

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