Shell, BPTT bid for shallow offshore blocks

Monday, May 20, 2019 - 10:30

BPTT and Royal Dutch Shell are the only two bidders for three of the six shallow water blocks that were offered in T&T competitive bid round.

The joint bids were made for blocks 4 (c), U (c ) and lower reverse L.

All three are off the east coast of Trinidad where BPTT and Shell operate several other blocks.

No bids were made for blocks NCMA 2 and 3 that are west of Tobago and no bid for block 1 (c).

 We will have a further update later.

- Curtis Williams