Trinidad and Tobago plans offshore oil and natural gas bid round

Trinidad and Tobago will seek bids in November on blocks in its deep water, said Minister of Energy and Energy Affairs Kevin Ramnarine.

The country’s last bid round was not as successful as government officials anticipated, said Director of Resource Management Helena Innis-King, adding that oil and gas companies saw little prospect of oil.

“We are in the middle of reprocessing that seismic data because the companies felt they could not see the Cretaceous, and that there was gas there,” she said. “We are convinced that it is both oil and gas, and our studies point to this.”

Innis-King said Trinidad and Tobago has a history of finding huge fields.

“If you look at the kind of [onshore]discoveries we have had, we have had some monster fields,” Innis-King said, adding she expects similar deepwater discoveries.

In the last deepwater bid round, BP PLC was awarded Blocks 14 and 23(a).

Related Articles

Tethys reports second successful gas well in Kazakhstan

03/20/2014 Tethys Petroleum Ltd. reported the success of the second shallow gas exploration well of its 2014 program on the Akkulka block in the Caspian regio...

BOEM: Firms bid $850 million in high bids in central gulf lease sale

03/19/2014 The US Bureau of Ocean Energy Management reported that its central Gulf of Mexico Lease Sale 231 received 380 bids from 50 companies on 326 blocks,...

CNOOC makes gas discovery in Qiongdongnan basin

03/19/2014

CNOOC Ltd. has made a natural gas discovery in the east Lingshui Sag of the deepwater area in the South China Sea’s Qiongdongnan basin.

Cairn, FAR to drill exploration wells offshore Senegal

03/19/2014

FAR Ltd., Perth, will participate in the drilling of two deepwater exploration wells offshore Senegal next month.

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected