Trinidad and Tobago
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Nation also changes fiscal regime to attract new investment.
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Gas reserves will prove an important feedstock for Atlantic LNG facilities.
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Challenges to development, including costs, cited as reasons for turning back the acreage.
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The $1.8-billion project will add crucial gas supplies to fuel Trinidad and Tobago's LNG export capabilities.
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Cassia C is BP Trinidad and Tobago's first offshore compression platform.
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The subsea partners secured a contract for the Cypre gas project offshore Trinidad and Tobago.
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The Cypre offshore gas project announcement comes the day after the energy company renewed its supply contract with the country’s national gas company.
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Nations coming together with common interests and approaches to energy is a hallmark of the modern times. Nations in South America and the Caribbean are also joining the trend via strategic energy alliances as disclosed by the presidents of Guyana and Suriname at a recent conference in Suriname, Paramaribo.
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The local player completes second field in Block 1(a) off the west coast of Trinidad. The unmanned platform is completely powered by solar and wind.
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From 2013 to 2018, the number of terrestrial and marine spills reported in Trinidad and Tobago trended upward. The country’s Ministry of Energy and Energy Industries assessed its National Oil Spill Contingency Plan (NOSCP) with the Readiness Evaluation Tool for Oil Spills and identified gaps in national legislation, risk management, logistics, training and exercises, …