bpTT has moved to pause its Kanikon­na project—a planned sub­sea nat­ur­al gas de­vel­op­ment project lo­cat­ed off the south­east coast of T&T—as it sharp­ens its fo­cus on ad­vanc­ing the sanc­tioned Man­akin-Cocuina cross-bor­der gas de­vel­op­ment, a de­ci­sion that un­der­scores both cap­i­tal dis­ci­pline and the ur­gency of boost­ing gas sup­ply in the Colum­bus Basin.

In Au­gust 2025, re­source cen­tre Oil­Now stat­ed that sev­er­al ma­jor fields re­main in the fi­nal in­vest­ment de­ci­sion (FID) queue, in­clud­ing Wood­side/bp’s Ca­lyp­so, Peren­co’s Onyx, and bpTT’s Kanikon­na.

These projects, once sanc­tioned, would be crit­i­cal in shoring up fu­ture gas sup­plies.