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

Airbus Helicopters performs demonstration for oil and gas industry

Mar 27, 2015

Airbus Helicopters performed a demonstration of its Airbus H175 helicopter, designed for offshore transportation, to the oil and gas community in Houston March 25, 2015. 

Solitaire starts work on Polarled pipelay in Norwegian Sea

Mar 27, 2015

Allseas’ Solitaire has started laying Polarled, the first pipeline to extend Norway’s gas infrastructure into the Arctic Circle.

BOEM to hold public meetings on Atlantic Coast exploration permitting

Mar 27, 2015

The US Bureau of Ocean Energy Management (BOEM) has scheduled a series of open houses to share information on the geological and geophysical permitting process on the Atlantic Coast. 

Lloyd’s Register Energy expands in Trinidad and Tobago

Mar 27, 2015

Lloyd’s Register Energy is increasing its structural engineering capabilities to support exploration in Trinidad and Tobago.

Statoil gets go-ahead for Gina Krog area well

Mar 27, 2015

The Norwegian Petroleum Directorate has authorized Statoil to drill an exploratory well close to the Gina Krog field in the central Norwegian North Sea.

  Offshore
Digital Magazine
Look Inside
Cover
Current Issue

Oil & Gas Jobs

Search More Job Listings >>