As Trinidad and Tobago continue to explore for major oil and gas fields in the Caribbean region, the Bahamas Petroleum Co. has made a non-commercial oil discovery. While Trinidad and Tobago have focused on natural gas for the last two decades, the country’s oil industry has been developing steadily.
In 2020, the country’s third-largest oil producer Trinity Exploration & Production increased production by 7 percent to 3,226 bpd. This figure is expected to reach around 4,000 bpd by 2023. Trinity Exploration & Production’s…Is The Caribbean Ready For An Oil Boom?
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