BP Explores Trinidad-Venezuela Gas Field Project Partnership
BP(BP) Zacks Investment Research·2024-03-18 13:00
BP plc (BP) and the governments of Venezuela and Trinidad and Tobago have entered discussions aimed at the development of a shared offshore gas field situated in the Caribbean, per a Reuters report. This collaboration marks a significant step toward bolstering natural gas production in the region.BP's interest in expanding its natural gas output in Trinidad aims to support the operations of the local Atlantic LNG export facility. Over the past five years, the company’s gas production has experienced a notab ...