Local content has emerged as a key priority for many resource-rich developing countries, including Trinidad and Tobago. Its role in deepening and widening linkages and sustainably boosting value between the energy sector and other productive sectors of the Trinidad and Tobago economy has been a topic of continuing discussion.
EnergyNow is available online.
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The Energy Efficiency and Renewables Conference 2021 takes place from February 1st – 3rd, 2021. The conference will be fully virtual.
Mark talks about diversifying the company and the challenges in accessing foreign exchange. He also discusses COVID-19
Shell Trinidad and Tobago announced that the company has taken Final Investment Decision (FID) for the development of Block 22 and NCMA-4 in the North Coast Marine Area (NCMA).
This development project, Colibri, is expected to add a total of 43,100 barrels of oil equivalent per day (boe/d) (250 mmscf/d of gas production) through a series of four subsea natural gas wells.
The Joint Chambers of Commerce, in collaboration with the Confederation of Regional Business Chambers, recognize that this is an unsettling time for everyone. It also presents a unique and challenging business environment, and this is likely to be exacerbated by the necessary restrictions on the movement of people.
In particular, we acknowledge the advent of Covid-19 creates an unusual set of circumstances for families. This is a human issue that demands a human response, and we must work collectively to ensure that families are supported and secure during this period of uncertainty. The Chambers are deeply committed to keeping our people safe and healthy and to stopping the spread of the virus.
In the 2019-2020 budget presentation, Minister Imbert announced some changes to the fiscal environment under which the oil and gas companies operate, but more so oil. Many oil producers have lobbied for the government to adjust the Supplemental Petroleum Tax (SPT) to make it less burdensome. When the Minister announced the changes, at first glance it seemed like a positive change, however the Minister also announced changes to the capital allowance schedule for energy companies involved in exploration and development. The result will have a negative impact for companies in the oil sector. Paul Baay, President and CEO of Touchstone Exploration said in an interview, “We’re definitely in a worse position than we were before the budget.”
https://energynow.tt/blog/small-oil-companies-want-further-changes-to-spt
Click here to read the full address by the Prime Minister.
Registration has begun.
We’re aiming for a prompt start, so please be seated by 8:15am. The the opening ceremony begins at 8:30am.
BP is hosting a series of engagement sessions at their pavilion booth space.
Day 1 February 3rd, 2020:
10:40 am – 11:25 am: BPTT shaping the future
BPTT Regional President Claire Fitzpatrick and other members of the Regional Leadership Team
1:30 pm – 2:00 pm: Doing business with BPTT
Procurement and Supply Chain management team members
Learn more about doing business with BPTT, and the benefits of using the company’s new supplier database
3:40 pm – 4:00 pm: A low carbon future
Giselle Thompson VP Corporate Operations, BPTT & Muhunthan Sathiamoorthy GHG and energy efficiency expert, BP
Day 2 February 4th, 2020
8:30 am – 9:00 am: The future of energy
Shaun Hosein, Modernisation and Transformation Lead, BPTT & Kadija Hassanali, Resource Development, BPTT
11:10 am – 11:30 am: Major projects update
Michael Daniel, Project General Manager, BPTT
2:00 pm – 2:30 pm: CSR
Ronda Francis, Manager Corporate Social Responsibility, BPTT
4:30 pm – 5:00 pm: BP Renegades T-shirt giveaway
Answer BP Renegades trivia for a chance to win 50th anniversary T-shirts.