The awarded acreage, located northwest of Guyana’s prolific Stabroek block, is larger than Trinidad and Tobago’s landmass. The production-sharing contract marks ExxonMobil’s return to the country after a 20-year absence.
In February 2025, Trinidad and Tobago launched a bid round for 26 deepwater exploration blocks that included Block 24 and Block 26, along with 24 blocks in the Trinidad and Tobago Deep Atlantic Area, but does not include the blocks that ExxonMobil is interested in. Reuters reports that the company first approached the Trinidadian authorities to obtain the blocks in November 2024.
Earlier this year, the Trinidad and Tobago government announced plans to tender 26 offshore blocks along its eastern and northern coast. The deadline for submissions was July 2, and the winning bids will be announced in three months. The blocks subject to that tender, however, do not include the seven blocks that Exxon is in talks about, Reuters noted in its report.
Perenco has finalised the USD 206-million acquisition of the Greater Angostura oil and gasfields and associated production facilities from Woodside Energy in Trinidad and Tobago, Perenco said on Friday.
Perenco has completed its acquisition of the Greater Angostura producing oil and gas assets and associated production facilities from Woodside Energy in Trinidad & Tobago, the company announced Friday. The finalization of the deal, combined with Perenco’s existing operation of the Teak, Samaan and Poui (TSP) and Cashima, Amherstia, Flamboyant and Immortelle (CAFI) fields, aligns Perenco as a major oil and gas producer in country.
Shell Trinidad and Tobago Ltd. has reached a positive FID for the Aphrodite offshore gasfield project in Trinidad and Tobago, the company announced on Tuesday.
EOG Resources Inc. and BP Trinidad and Tobago LLC (BPTT) have put onstream the Mento field off Trinidad’s southeast coast.
The startup involved the initial discovery well. The partners will now start drilling the remaining seven wells, BP PLC said in an online statement. It did not disclose the production rate.
bp Trinidad and Tobago (bpTT) announced today that the Mento development has safely delivered first gas through connection of the initial discovery well and the drilling campaign for the remaining seven gross wells on the platform will now begin.
Perenco has announced a successful drilling operation for its Onyx well, encountering significant columns of natural gas in two separate geological compartments. The Onyx field is an undeveloped gas discovery located within the TSP license, offshore Trinidad.
Trinidad and Tobago plans to request an extension from the Trump administration for a US licence allowing Shell and National Gas Company of Trinidad and Tobago Limited (NGC) to develop Venezuela’s Dragon gas project, Reuters reported on Tuesday.