Business
Trinidad: BP, BG Trinidad and Tobago and Govt sign exploration deal
Tuesday, May 15, 2012
The blocks are located off the northeast coast of Trinidad and Tobago.
“We are excited to explore for new resources in this under-explored deep water region,” Christie said.
President of BG Trinidad and Tobago (BG TT), Derek Hudson said he expected the exploration phase to last six years. This is the company’s first wholly-owned local acreage.
BG TT signed a PSC for Block 5d off the east coast of Trinidad.
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