Discussions on BHP’s continued involvement and latest developments in the Trinidad and Tobago energy sector were at the forefront, when senior BHP executives and Minister of Energy and Energy Industries, Stuart Young MP met on the side-lines this week, of the World Petroleum Conference in Houston Texas.
An official statement from the Ministry confirms that Minister Young met with Senior BHP Executives Michael Stone, Country Manager to BHP Trinidad and Tobago, Graham Salmond, General Manager at BHP Petroleum North America and the Caribbean, Selby Bush, Head of Corporate Affairs at BHP Petroleum, and Rohan Goudge, Head of Appraisal at BHP, on 7th December 2021.
The Ministry’s release reports that BHP executives provided a high-level update on the ongoing merger/acquisition with Woodside and advised that it was progressing as planned.
Also discussed was the progress of BHP’s deep-water Calypso project. BHP provided updates on the ongoing appraisal programs of the Bongos 3 and Bongos 4 Wells.
The company’s senior executives also shared with Minister Young details on their joint venture arrangement with Shell and their efforts to address and minimise costs, as they work towards commercialising Le Clerc and Victoria.
In addition, the company provided an update on current gas production, which over the past month has increased from 360 to 400 mmscf/d, supported by production from Ruby as well as facility optimization work.
During the discussions, BHP as part of their continued commitment to finding more hydrocarbons, indicated that they had completed their seismic program in the Barbados Blocks and currently were studying those results.