BP Approves Major Trinidad and Tobago Natural Gas Project

With the completion of the deal, “Galp” received a payment of around 881 million dollars this quarter, covering the equity value of the shares, the repayment of shareholder loans.

BP Approves Major Trinidad and Tobago Natural Gas Project

BP approved on Thursday the development of the Ginger natural gas project offshore Trinidad and Tobago, which will be one of the ten major new projects that the UK supermajor promised to start up by 2027. In a strategy reset last month, BP said it is increasing its investment in upstream oil and gas to $10 billion per year while slashing spending on clean energy by more than $5 billion a year. In the upstream, BP will aim for 10 new major projec…

BP Approves New Gas Project in Trinidad to Aid Atlantic LNG Output

3/28/2025 (Reuters) — BP has given final approval to its Ginger gas development in Trinidad and Tobago, it…

The companies that plan a flagship offshore gas project between Venezuela and Trinidad and Tobago "have not diminished" work, Trinidad’s Prime Minister Stuart Young said Thursday, despite the increasing pressure from the United States on Venezuela sanctioned and uncertainty about the extension of a license for [...] The Trinidad entry claims that gas project with Venezuela does not slow down despite pressure from the US was first published in Fo…

bpTT advances upstream strategy with Ginger gas project approval

bp Trinidad and Tobago (bpTT) has reached the final investment decision (FID) on the Ginger gas development, marking a significant progress in its Trinidad operations.

28-03-25.- Trinidadian Prime Minister Stuart Young said Thursday that companies planning the execution of an emblematic offshore gas project between Venezuela and Trinidad and Tobago "have not diminished" their work. Young said that plans are moving forward despite the growing demand for natural gas.