The Government of the Republic of Trinidad and Tobago invites stakeholders’ participation in its Shallow Water Competitive Bid Round 2023. This bid round contains thirteen (13) offshore blocks, namely, Block 1(b), Block 2(ab), Block 2(d), Block 4(c), Block Lower Reverse L, Block Modified U(c), Guayaguayare (Offshore) Block, Block 21, Block 22(a), Block 22(b), Block NCMA 2, Block NCMA 3 and Block NCMA 4(a). These blocks are located along the western, eastern, southern and northern coasts of Trinidad and Tobago respectively.
Shallow Water Competitive Bid Round Map 2023
The Shallow Water Competitive Bid Round was opened on October 3rd, 2023 and will run for six (6) months with the deadline for submission of bids being 12 noon on April 2nd, 2024. Successful bids will be announced four (4) months following the close of bidding
Competitive Bidding Order (CBO)
The Petroleum Regulation (Shallow Water Competitive Bidding) Order, 2023 outlines the requirements of bid submission, the maps and descriptions of the blocks, the summary bid form, and a revised evaluation method for bid submissions.
Data Package
A pre-bid fee is no longer required for interested parties to participate in this Shallow Water Competitive Bid Round. The data package provides information on the thirteen (13) blocks on offer and assists in acreage evaluation as detailed in the Data Package Listing.
Parties are required to execute a Data Use Agreement to obtain access to the Data Package. Further details on the process are outlined in the Procedure for Obtaining a Data Package.
The data package also contains the Local Content and Local Participation Framework and the National Oil Spill Contingency Plan
Virtual Data Room
The Ministry has collaborated with Lynx Information Systems Inc. (Lynx) to display a sample of the technical data that is available for the Bid Round via a Virtual Data Room (VDR). This VDR can be accessed via the following link: https://ttshallowwaterbid2023.com/.
Contact
Email: bidround@energy.gov.tt
Source: Ministry of Energy and Energy Industries
