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
| 09 Jul 24 |
Trinidad: Shell boosts LNG business with Manatee FID in Trinidad and Tobago Shell Trinidad and Tobago, a subsidiary of Shell, has taken Final Investment Decision (FID) on the Manatee project, an undeveloped gas field in the East Coast Marine Area (ECMA) in Trinidad and Tobago. Manatee will allow Shell to competitively grow its Integrated Gas business by building on development efforts in the ECMA, one of the country’s most prolific gas-producing areas. |
| 02 Jul 24 |
Trinidad: Touchstone announces execution of onshore bid round exploration licences Touchstone Exploration has announced that Primera Oil and Gas Limited, its wholly owned Trinidadian subsidiary, has entered into Exploration and Production Licences for the Cipero and Charuma blocks, effective July 1, 2024. |
| 03 Jun 24 |
Trinidad and Tobago receives six bids in Shallow Water Competitive Bidding Round 2023/2024 The Shallow Water Competitive Bidding Round 2023/2024 closed on May 27th, 2024. Thirteen offshore blocks were placed on offer and a total of 6 bids were received for 4 blocks. |
| 14 May 24 |
Trinidad: Touchstone Exploration announces Q1 2024 financial and operating results and provides an operational update Touchstone Exploration has reported its financial and operating results for Q1 2024 and provided an operational update. Since coming onstream in September 2023, the Cascadura field has transformed Touchstone both operationally and financially, having contributed an estimated $20 million in operating netbacks. The all-share acquisition of Trinity Exploration and Production was announced May 1st. |
| 01 May 24 |
Touchstone Exploration announces acquisition of Trinity Exploration and Production Touchstone Exploration has reached an agreement with Trinity Exploration and Production on the terms of an all-share acquisition by which Touchstone will acquire all of the issued and to be issued ordinary share capital of Trinity. Trinity is a crude oil exploration, development and production company with onshore and offshore assets located solely in the Republic 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
