Niko to operate 2AB block offshore Trinidad

Offshore staff

CALGARY, Canada -- Niko Resources has signed an agreement with Centrica to acquire a 26% interest and operate the shallow water block 2AB offshore Trinidad. Both the assignment of the interest and the operatorship are subject to approval from the government of Trinidad and Tobago.

The final equities in block 2AB will be Niko Resources with 26%, Centrica with 29.25%, Voyager Energy with 9.75%, and Petroleum Co. of Trinidad and Tobago (Petrotrin) with 35%.

Block 2AB is near the Angostura producing oil and gas field, which has reserves in excess of 100 MMbbl of oil and 1 tcf of gas.

07/09/2009

Related Articles

Ultra-deepwater elephants: Giving way or marching ahead?

Jan 14, 2015 The OPEC resistance to reduced production quotas has spurred a continued oil price drop, following the trend from this past June. With Brent oil prices currently at $70/bbl, how robust are deepwate...

Petrobras reports decrease in oil leaks

Jan 14, 2015

Petrobras says its total volume of leakages of oil and oil products fell by 63% last year.

LMC to supply turret system for Libra well test vessel

Jan 12, 2015 Jurong Shipyard has awarded London Marine Consultants (LMC) a contract to supply an external turret mooring system for the extended well test (EWT) FPSO vessel that will operate on the Libra oil fi...

Petrobras proves more deepwater oil in Sergipe-Alagoas basin

Jan 9, 2015

Petrobras has confirmed a second oil find in the Fanfan area in the deepwater Sergipe-Alagoas basin offshore Brazil.

Keppel delivers newbuild jackup to PEMEX

Jan 9, 2015

Keppel FELS Ltd. has delivered a KFELS B Class jackup rig to PEMEX, Mexico’s national oil company. 

Trending News

Offshore photo of the day

Anadarko scores deepwater gas find offshore Colombia

Jul 29, 2015

Anadarko says its first exploration well has encountered gas in deepwater off Colombia.

Otakikpo project offshore Nigeria scheduled for 3Q start-up

Jul 29, 2015

Lekoil has issued an update regarding operational activity at the Otakikpo marginal field.

PA Resources, ETAP plan two-phase Zarat development offshore Tunisia

Jul 29, 2015

PA Resources and state oil company ETAP have submitted an updated development plan for the Zarat gas/condensate and oil field offshore Tunisia.

MultiClient Geophysical starts 2D seismic survey offshore Mexico

Jul 29, 2015

MultiClient Geophysical ASA has started the Maximus 2D seismic survey off Mexico in the Gulf of Mexico.

  Offshore
Digital Magazine
Look Inside
Cover
Current Issue

Oil & Gas Jobs

Search More Job Listings >>