Oil companies make 16 bids to explore in South Trinidad

Eight oil companies have submitted 16 bids to explore some eight blocks onshore and nearshore on offer in south Trinidad.

This was revealed on Monday, when tenders were open at the Ministry of Energy in Port of Spain.

Energy Minister Stuart Young said the number of bids was unsurprising and it showed confidence by the companies in T&T’s energy landscape.

Touchstone Exploration Inc (LON:TXP) is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago.

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