Chemical industry in Trinidad and Tobago

Latest Trinidadian chemical industry news

13 August 2026
XRG enters Venezuela with stake in Loran offshore gas licence

Adds a material share in over 4 Tcf proven gas in the Loran‑Manatee area, links resources to existing infrastructure and strengthens the Atlantic Basin gas portfolio.

6 August 2026
bp to acquire Woodside’s 70% stake in Calypso (Block TTDAA 14)

Acquisition will raise ownership to 100% and operatorship of the Calypso deepwater gas project offshore Trinidad and Tobago; deal expected to close by end‑2026 pending approvals.

25 March 2026
Tecnimont (MAIRE) wins $50m rehabilitation study for Guaracara refinery in Trinidad & Tobago

Assessment and rehab study for 150kbpd Guaracara refinery: technical/integrity checks, energy/environment review, water/cooling engineering; CAPEX/OPEX estimates. Phases 1-2 by early 2027

16 March 2026
bp Starts Gas Production at Angola's Quiluma Field

Initial production is 150 mmscf/day, ramping to 330 mmscf/day by 2026. The project is Angola's first non-associated gas development, enhancing its global natural gas market position.

11 March 2026
Repsol, TotalEnergies, Shell Begin Oil Production at Brazil's Lapa Southwest

Lapa Southwest adds 25,000 barrels/day, boosting Lapa field to 60,000. Three wells tie-back to FPSO. Repsol focuses on Brazil for growth, with Raia Project set for 2028.

10 February 2026
ORLEN Expands LNG Operations: Increased Deliveries, Fleet, and Import Capacity

In 2025, LNG imports to Poland rose by 30%, with expanded terminal capacity and fleet. New export markets included Japan and Turkey. A second terminal will further boost capacity.

11 December 2025
bp Launches Seventh Major Project of 2025

Atlantis Drill Center 1 expansion boosts production by 15,000 boe/d, delivered two months early, enhancing US offshore capacity.