In a significant development for Trinidad and Tobago’s energy sector, multinational oil and gas company Perenco convened high-level talks with Ministry of Energy and Energy Industries (MEEI) officials on January 14. The meeting centered on Perenco’s recent acquisition of Greater Angostura oil and gas assets and associated production facilities, marking a substantial investment in the country’s energy infrastructure.
During the strategic discussions at the ministry headquarters, Perenco executives delivered comprehensive updates on operational advancements and outlined plans to enhance efficiency across their Trinidadian operations. The dialogue emphasized collaborative initiatives designed to sustain and strengthen investment in the nation’s critical energy sector.
Energy Minister Dr. Roodal Moonilal expressed the government’s endorsement of Perenco’s initiatives to extend the productive lifespan of mature oil fields while fostering a favorable investment climate. The minister emphasized the administration’s commitment to supporting energy companies in maximizing Trinidad and Tobago’s hydrocarbon resources.
Perenco detailed performance metrics from their existing operations, including the CAFI gas fields (Cashima, Amherstia, Flamboyant, and Immortelle) and revealed development strategies for the Onyx field situated within the Teak, Samaan, and Poui (TSP) area.
The energy company’s delegation, led by CEO Armel Simondin, reaffirmed their commitment to maintaining close collaboration with MEEI as current projects progress and new opportunities materialize in the local energy landscape. The meeting participants included key figures from both organizations, underscoring the importance both parties place on this strategic partnership.