Another PSC awarded in record time. This is the first time in 20 years that EOG has executed two new PSCs bringing a successful conclusion to the Shallow Water Bid Round. The MEEI continues build relationships with stakeholders to drive opportunities for T&T’s energy sector.
The signing of the PSC for block NCMA 2 delivered in record time
Another PSC signed in record time. The Ministry of Energy and Energy Industries led by the Hon. Stuart R. Young SC MP continues apace to strategically market and secure investments into Trinidad and Tobago’s upstream energy sector. The signing of this Production Sharing Contract for the NCMA 2 block signals revenue generation for T&T. It will increase foreign exchange and fund areas of diversification such as progammes in maritime and tourism. Revenue earned from the energy sector benefits every citizen of Trinidad and Tobago. The government continues deliver real results in record turn around time to secure Trinidad and Tobago’s future.
The Hon. Stuart R. Young SC MP Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister delivered the keynote address at a session on 'Driving Climate and Environmental Sustainability through Cross-sector Collaboration' hosted by the Atlantic Council and the U.S. Department of State in Trinidad and Tobago.
The event was part of a series of policy dialogues to celebrate the 30th anniversary of the Summits of the Americas with a focus on, Caribbean perspectives on key agenda items ahead of the next Summit of the Americas in the Dominican Republic 2025.
The Ministry of Energy and Energy Industries has granted an Exploration and Production (Public Petroleum Rights) Licence for the Rio Claro Block to to NGC E&P Investments Limited and Primera Oil and Gas Limited, a wholly owned subsidiary of Touchstone Exploration Inc.
The Rio Claro Block is an onshore block neighbouring the Cascadura Gas Development in the Ortoire Block which is also operated by Primera Oil and Gas Limited and projected to yield significant gas production.
The key provisions of the Rio Claro licence are financial obligations to the State and the work programme to be undertaken by the licensee.
The financial obligations include bonuses, minimum payments and annual surface rent. Provisions have also been made for training and research and development (R&D) contributions along with scholarships for nationals.
#ttmeei #energysecurity
Trinidad and Tobago Government Communications
Survey of Dragon gas field begins #ttmeei
Tour of PXGEO 2 Seismic Vessel
Real results. 3D Seismic survey work has been completed on three deepwater blocks awarded to bp and Shell as well as on Manakin-Cocuina (the 20 year licence for Cocuina was awarded by the Bolivarian Republic of Venezuela on July 25, 2024).3D Seismic survey work is currently being conducted on shallow water block U(c) which was awarded to Shell on September 26, 2024 with the Production Sharing Contract being executed between Shell and the Government of Trinidad and Tobago on September, 27, 2024.These are records that have been set. This is all for the benefit of the citizens of Trinidad and Tobago and was all accomplished due to the hard work of this Government with the energy sector led by Minister Young.
How does Trinidad and Tobago’s energy sector impact our daily lives?
NOFI Current Busters are still hard at work.
It’s Saturday and the NOFI Current Busters are still hard at work. There has been significant improvement in the clean-up efforts off the coast of Cove, Tobago. The technical staff at the Ministry of Energy and Energy Industries and the T&T Salvage/ QT Environmental team continue to work around the clock to restore Tobago’s coastline.
Photo and Video credit: Dayreon Mitchell
Containment and Salvaging operations at Tobago
The NEC Spirit, NEC Pioneer, Altoka 7, Leadership and the Atlantic Star, are currently on roster at the coast off Cove, Tobago where T&T Salvage, QT Environmental and the technical staff at the Ministry of Energy and Energy Industries (MEEI) have been coordinating containment and salvaging operations.
National Energy
Behind the scenes logistics
Behind the scenes, the Airport Authority of Trinidad and Tobago, the Port Authority of Trinidad and Tobago, Chaguaramas Dock and other organizations have been pushing to get critical equipment to Tobago. Thank you to all our stakeholders who have been working hand-in-hand with the technical staff at the Ministry of Energy and Energy Industries.
NOFI Current Buster Technology is in operation at the wreck site by the QT Environmental, Inc. and T&T Salvage, LLC utilizing Vessels of Opportunity. The NOFI Current Buster Technology holds an international patent and is recognized worldwide as ‘best available technology.’ It was identified by the technical staff at the Ministry of Energy and Energy Industries as the most suitable tool for dealing with the hydrocarbon discharge off the coast of Cove, Tobago.
Conventional oil booms tend to grapple with high currents and sea conditions. The NOFI Current Buster System was designed to combat all oil on water spills including heavy fuel oil spills in high currents.
It has the unique ability to collect and concentrate spilled oil in current exposed waters or when being towed at high speed. What differentiates the NOFI Current Buster system from other high-speed oil booms is the built-in separator that allows for oil to be concentrated and efficiently recovered.
The system is designed to separate contained oil from water and to retain the oil inside the separator. The process results in a thicker layer of oil which in turn offers great advantages when pumping the collected oil on board vessels or into storage tanks. The NOFI Current Buster Technology has been demonstrated in real-life conditions that it is capable of sweeping, containing, and separating oil from seawater at towing speeds up to 5 knots.
NOFI Current Buster Deployment
Containment efforts off the coast of Cove, Tobago have ramped up with the deployment of NOFI Current Buster Technology.
NOFI Current Buster Technology is designed to contain and collect oil in demanding environmental conditions at an enhanced rate of speed. The solution utilizes either a two vessel configuration or a single vessel sweep utilizing the NOFI INAK Paravane System and the natural currents in the sea to collect oil on water. By actively settling oil in the seperator the oil layer thickens and the sea water is discharged. The thick layer of oil emulsion of can then be offloaded from the seperator. This system will help ensure a streamlined waste management program by maximizing the recovered product and minimizing recovery of sea water.
The coordinated operation between QT Environmental, Inc. and T&T Salvage, LLC under the direction of Unified Command ensures that any oil leaking from the vessel is quickly recovered minimizing further impacts to the environment.
The technical staff at the MEEI are on the ground with other stakeholders to ensure a rapid restoration to Tobago’s coastline.