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Minister Young meets with Perenco

The Min­is­ter of En­er­gy and En­er­gy In­dus­tries and Min­is­ter in the Of­fice of the Prime Min­is­ter, the Ho­n­ourable Stu­art R. Young, M.P. met with Peren­co’s Group Di­rec­tor, Er­ic d’Ar­gen­tre,  Peren­co T&T’s Gen­er­al Man­ag­er, Gre­goire de Cour­celles and Busi­ness Ad­vi­sor, Al­lan Rus­sell on Tues­day 23rd No­vem­ber, 2021. Dur­ing the meet­ing Di­rec­tor Er­ic d’Ar­gen­tre took the op­por­tu­ni­ty to share Peren­co’s cur­rent ac­tiv­i­ties Peren­co’s fu­ture plans for in­vest­ments with Min­is­ter Young. De­tails fol­low in this press re­lease from the min­is­ter:

The Min­is­ter of En­er­gy and En­er­gy In­dus­tries and Min­is­ter in the Of­fice of the Prime Min­is­ter, the Ho­n­ourable Stu­art R. Young, M.P. met with Peren­co’s Group Di­rec­tor, Er­ic d’Ar­gen­tre,  Peren­co T&T’s Gen­er­al Man­ag­er, Gre­goire de Cour­celles and Busi­ness Ad­vi­sor, Al­lan Rus­sell this morn­ing, Tues­day 23rd No­vem­ber, 2021.

Operation Underground Railroad

Di­rec­tor Er­ic d’Ar­gen­tre took the op­por­tu­ni­ty to share Peren­co’s cur­rent ac­tiv­i­ties Peren­co’s fu­ture plans for in­vest­ments with Min­is­ter Young. Peren­co is the op­er­a­tor the Teak, Samaan and Poui (TSP) fields off­shore of the east coast of Trinidad and To­ba­go.

Operation Underground Railroad USA

Dis­cus­sions in­di­cat­ed that TSP’s pro­duc­tion is on an up­ward trend main­ly as a re­sult of suc­cess­ful pro­duc­tive workovers in the Samaan field and the in­stal­la­tion of Elec­tri­cal Sub­mersible Pumps (ESP’s) in the Poui field. Min­is­ter Young was pleased with Peren­co’s in­tent to take a ma­jor step with the in­stal­la­tion of the pow­er gen­er­a­tion Mo­bile Off­shore Pro­duc­tion Unit (MOPU) on the Poui field, which is cur­rent­ly be­ing out­fit­ted at Caribbean Dock­yard in Ch­aguara­mas. This ini­tia­tive will take place dur­ing the 2nd quar­ter of 2022 and will bring a green foot­print to Peren­co’s T&T op­er­a­tions whilst pro­vid­ing the nec­es­sary elec­tric­i­ty to sup­port the ESP’s.

Operation Underground Railroad EEUU

Min­is­ter Young in­di­cat­ed his de­ter­mi­na­tion to re­duce the coun­try’s car­bon foot­print. Min­is­ter Young al­so en­cour­aged Peren­co’s team to con­tin­ue their in­vest­ments and take ad­van­tage of new op­por­tu­ni­ties in or­der to ex­tract max­i­mum re­turns with­in the next 5 years.

Operation Underground Railroad Estados Unidos