{"id":840195,"date":"2025-04-09T18:15:28","date_gmt":"2025-04-09T23:15:28","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/04\/09\/investments-in-oil-gas-and-renewable-energy\/"},"modified":"2025-04-09T18:15:28","modified_gmt":"2025-04-09T23:15:28","slug":"investments-in-oil-gas-and-renewable-energy","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/04\/09\/investments-in-oil-gas-and-renewable-energy\/","title":{"rendered":"Investments in oil, gas and renewable energy"},"content":{"rendered":"

Bitcoins <\/p>\n

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For the past decade, de\u00adclin\u00ading oil and gas pro\u00adduc\u00adtion has been a key eco\u00adnom\u00adic chal\u00adlenge for T&T. Re\u00advers\u00ading this trend re\u00adquires in\u00adcreased up\u00adstream in\u00advest\u00adment, which is cur\u00adrent\u00adly un\u00adder\u00adway. Sig\u00adnif\u00adi\u00adcant in\u00advest\u00adments are be\u00ading made in the up\u00adstream oil and gas sec\u00adtor, as well as in re\u00adnew\u00adable en\u00ader\u00adgy.<\/p>\n

A map pre\u00adsent\u00aded at the re\u00adcent Trinidad & To\u00adba\u00adgo En\u00ader\u00adgy Con\u00adfer\u00adence gen\u00ader\u00adat\u00aded sub\u00adstan\u00adtial in\u00adter\u00adest, show\u00adcas\u00ading var\u00adi\u00adous projects cat\u00ade\u00adgo\u00adrized by their stage of de\u00advel\u00adop\u00adment.<\/p>\n

Projects in ex\u00ade\u00adcu\u00adtion (yel\u00adlow) in\u00adclude the Man\u00ada\u00adtee, Cypre, Men\u00adto, and Co\u00adconut oil and gas projects, along with the grid-scale so\u00adlar project in Brechin Cas\u00adtle. Ad\u00addi\u00adtion\u00adal\u00adly, sev\u00ader\u00adal in\u00adfill drilling cam\u00adpaigns\u2014both on\u00adshore and off\u00adshore\u2014are ei\u00adther on\u00adgo\u00ading or planned.<\/p>\n

Projects ad\u00advanc\u00ading to\u00adward a fi\u00adnal in\u00advest\u00adment de\u00adci\u00adsion (ma\u00adgen\u00adta) in\u00adclude Ca\u00adlyp\u00adso, Gin\u00adger, Black\u00adjack, and Onyx in Trinidad & To\u00adba\u00adgo, as well as the cross-bor\u00adder Man\u00adakin-Cocuina field and Venezuela\u2019s Drag\u00adon field. Since the con\u00adfer\u00adence, bp has al\u00adso an\u00adnounced that it is work\u00ading to\u00adward a fi\u00adnal in\u00advest\u00adment de\u00adci\u00adsion for the Kanikon\u00adna project in the South\u00adeast Ga\u00adle\u00ado\u00adta Block. Ad\u00addi\u00adtion\u00adal\u00adly, two green hy\u00addro\u00adgen projects are un\u00adder eval\u00adu\u00ada\u00adtion.<\/p>\n

Be\u00adyond these projects, there is sig\u00adnif\u00adi\u00adcant ex\u00adplo\u00adration ac\u00adtiv\u00adi\u00adty. Planned ex\u00adplo\u00adration drilling, seis\u00admic da\u00adta col\u00adlec\u00adtion, and analy\u00adsis are on\u00adgo\u00ading. A wind da\u00adta col\u00adlec\u00adtion ini\u00adtia\u00adtive us\u00ading LI\u00adDAR tech\u00adnol\u00ado\u00adgy is al\u00adso in progress at Ga\u00adle\u00ado\u00adta and Wa\u00adter\u00adloo\u2014an es\u00adsen\u00adtial pre\u00adreq\u00adui\u00adsite for fu\u00adture wind pow\u00ader in\u00advest\u00adments.<\/p>\n

A deep\u00adwa\u00adter bid round is cur\u00adrent\u00adly un\u00adder\u00adway, with hopes that com\u00adpa\u00adnies will se\u00adcure acreage and ini\u00adti\u00adate fu\u00adture ex\u00adplo\u00adration pro\u00adgrammes in these ar\u00adeas.<\/p>\n

The eco\u00adnom\u00adic fu\u00adture of Trinidad & To\u00adba\u00adgo de\u00adpends on a con\u00adtin\u00adu\u00adous pipeline of oil, gas, and re\u00adnew\u00adable en\u00ader\u00adgy projects in ex\u00ade\u00adcu\u00adtion, plan\u00adning, and ex\u00adplo\u00adration. Stake\u00adhold\u00aders in\u00advest\u00aded in the coun\u00adtry\u2019s eco\u00adnom\u00adic growth should close\u00adly mon\u00adi\u00adtor the progress of these ini\u00adtia\u00adtives.<\/p>\n<\/div>\n

Alejandro Schroeder Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

For the past decade, de\u00adclin\u00ading oil and gas pro\u00adduc\u00adtion has been a key eco\u00adnom\u00adic chal\u00adlenge for T&T. Re\u00advers\u00ading this trend re\u00adquires in\u00adcreased up\u00adstream in\u00advest\u00adment, which is cur\u00adrent\u00adly un\u00adder\u00adway. Sig\u00adnif\u00adi\u00adcant in\u00advest\u00adments are be\u00ading made in the up\u00adstream oil and gas sec\u00adtor, as well as in re\u00adnew\u00adable en\u00ader\u00adgy. A map pre\u00adsent\u00aded at the re\u00adcent Trinidad & To\u00adba\u00adgo<\/p>\n","protected":false},"author":1,"featured_media":840196,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27635,29540],"tags":[],"class_list":{"0":"post-840195","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investments","8":"category-renewable"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/840195","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=840195"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/840195\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/840196"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=840195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=840195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=840195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}