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
| 30 Sep 24 |
Trinidad: Touchstone announces Cascadura well test results and provides an operational update Touchstone Exploration reports the successful completion of the Cascadura C wells. The results from the Cascadura-2ST1 well test is highly promising, closely mirroring the responses observed at the Cascadura-1ST1 well. The discovery of crude oil during the initial test of the Cascadura-3ST1 well further underscores the potential within the Ortoire acreage. |
| 27 Sep 24 |
Trinidad: Trinity Exploration announces interim results for the six-month period ended 30 June 2024 AIM-listed Trinity Exploration & Production, the independent E&P company focused on Trinidad and Tobago, has announced its unaudited interim results for the six-month period ended 30 June 2024. |
| 03 Sep 24 |
Trinidad: bp to divest mature gas fields to Perenco as part of refocusing bp Trinidad and Tobago gas business bp Trinidad and Tobago (bpTT) has entered into an agreement with Perenco T&T to divest its Immortelle, Flamboyant, Amherstia and Cashima offshore gas fields and associated production facilities. The agreement also includes the undeveloped resources from the Parang field. |
| 30 Aug 24 |
Trinidad: bpTT, EOG join forces on Coconut gas development bp Trinidad and Tobago (bpTT) and EOG Resources Trinidad have agreed to partner on the Coconut gas development. Coconut will be a 50/50 joint venture with EOG as operator. The final investment decision has been taken by the joint venture partners and first gas is expected in 2027. |
| 12 Aug 24 |
Trinidad: McDermott secures EPCI contract for gas project offshore Trinidad and Tobago McDermott has been awarded an engineering, procurement, construction, installation (EPCI), hook up and commissioning contract by Shell Trinidad and Tobago Limited for the Manatee gas field development project, located 60 miles (100 kms) off the southeast coast of 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
