Energy Ministry opens bidding on 26 deep-water blocks
Business
Finance
Utilities
February 11, 2025
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The Ministry of Energy launched the deepwater bid round on February 10, the first day of the Energy Chamber’s three-day Energy Conference at the Hyatt Regency.
At the conference, permanent secretary Penelope Bradshaw-Niles said there were 26 blocks up for bid in TT’s deepwater regions off the northern and eastern coast of TT.
The legal notice that opened the bidding was dated January 24. Bids are now invited for production-sharing contracts for exploration and production in the assigned region. The deadline for posting the bids is July 2 at noon.
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