Energy

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How significant is T&T’s deepwater potential, and how feasible is extraction?

 

The twin-island nation of Trinidad and Tobago has been, in its own right, a focal point for oil and gas exploration and production for decades. However, recent discoveries and developments are drawing attention to the surrounding area of the Caribbean and the northern coast of South America. In this wider perspective, T&T should be viewed...

 

For the last four decades Trinidad and Tobago’s oil and gas industry has been the primary engine driving the economy. However, it has faced challenges during the last three years due to an extended period of low international hydrocarbons prices.

Chapter | Energy from The Report: Trinidad & Tobago 2017

Low global oil and gas prices have left Trinidad and Tobago’s energy sector with challenges, and underinvestment in upstream exploration has resulted in declining production and gas availability, leading to downstream industries operating below capacity. Still, the country continues to attract strong investment from oil majors and independent producers. With the government and sector players...

What impact have the drop in global oil prices and the rise in US shale production had on exploration and production in West Africa?

Increased oil production in Ghana is boosting energy sector revenues and helping shore up finances after three years of sluggish economic growth and persistent budget shortfalls.

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