Trinidad and Tobago establishes carbon capture and carbon dioxide (CO2) enhanced oil recovery steering committee
Ministry of Energy and Energy Industries release
On February 18th, 2021, the Cabinet agreed to the establishment of a Carbon Capture and Carbon Dioxide (Co2) Enhanced Oil Recovery Steering Committee. The mandate of the Steering Committee is to manage the implementation of a Large-Scale CO2 EOR Project to increase Trinidad and Tobago’s oil revenue and to address the reduction of carbon dioxide emissions, carbon capture and carbon sequestration.
Trinidad and Tobago ratified the Paris Change Climate Agreement in February 2018, which signalled the country’s commitment to reduce its greenhouse gas emissions. Carbon capture, utilisation and sequestration is seen as integral to a net zero future by international agencies such as the International Energy Agency(IEA) and the Intergovernmental Panel on Climate Change(IPCC), while being cost effective and commercial.
The composition of the Carbon Capture and Carbon Dioxide (Co2) Enhanced Oil Recovery Steering Committee is as follows: Chairman-Mrs. Penelope Bradshaw-Niles, Permanent Secretary (Ag.) Ministry of Energy and Energy Industries, Ms. Arlene Chow-Chief Executive Officer Heritage Petroleum Limited, Professor Andrew Jupiter-Head of Department of Petroleum Engineering, University of the West Indies and Mr. Kishan Kumarsingh- Head Multilateral Agreements Unit, Ministry of Planning and Development and Mr Himalaya Boodoosingh- Manager HSSE, National Gas Company.
It is envisaged that the project would involve the use of carbon dioxide for Enhanced Oil Recovery in the oil fields of Heritage Petroleum Limited (Heritage) in Point Fortin central area. The initial focus of the Committee would be the identification of suitable reservoirs in the Heritage producing areas such as Point Fortin, Guapo, Gran Ravine and Forest Reserve where Heritage would have the lead and be responsible for the implementation of the project.
The technical studies required to advance the work of the Steering Committee is to be funded by the Ministry of Energy and Energy Industries from the Research and Development Funds contributed under the Production Sharing Contracts wherein research and technical studies are to be conducted, where available, through UWI, St. Augustine, and/or the University of Trinidad and Tobago (UTT).
Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.
News in: Oil & Gas (Trinidad and Tobago)
Perenco T&T delivers new 10” export pipeline and Samaan gas WO campaign
This milestone opens a new chapter for the Teak-Samaan-Poui asset
Trinidad’s principal crude producer readying offshore work
Heritage's growth plans have been branded as "aggressive."
Subscribe to Latin America’s most trusted business intelligence platform.
Other projects in: Oil & Gas
Get critical information about thousands of Oil & Gas projects in Latin America: what stages they're in, capex, related companies, contacts and more.
- Project: Liquefaction plant in Altamira (FLNG2)
- Current stage:
- Updated:
3 weeks ago
- Project: Block CAN_113
- Current stage:
- Updated:
3 weeks ago
- Project: Block CAN_111
- Current stage:
- Updated:
3 weeks ago
- Project: Tierra del Fuego Green Energy
- Current stage:
- Updated:
3 weeks ago
- Project: Juandhó combined cycle plant
- Current stage:
- Updated:
3 weeks ago
- Project: Block BAR-M-293
- Current stage:
- Updated:
3 weeks ago
- Project: Block BAR-M-292
- Current stage:
- Updated:
3 weeks ago
- Project: Block BAR-M-314
- Current stage:
- Updated:
3 weeks ago
- Project: Block C-M-535
- Current stage:
- Updated:
3 weeks ago
- Project: Parnaíba liquefaction terminal
- Current stage:
- Updated:
3 weeks ago
Other companies in: Oil & Gas (Trinidad and Tobago)
Get critical information about thousands of Oil & Gas companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: Summer Soca LNG Liquefaction S.A.
- Company: Methanol Holdings Trinidad Ltd.  (MHTL)
-
Founded in 1999, Trinidadian Methanol Holdings Trinidad Ltd. (MHTL) is a wholly owned unit of Barbadian Consolidated Energy Limited, which in turn belongs to Proman AG and HELM ...
- Company: West Indian Energy Group Limited  (West Indian Energy Group)
-
Trinidad and Tobago-based West Indian Energy Group Ltd. (WIEGL) is an oil and gas exploration, development, and production company. It operates as an indirect subsidiary of Rex ...