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BP Jul 2024 43.000 call
- Reuters
BP, EOG Resources in talks to jointly develop Trinidad gas field
Oil major BP and U.S. shale producer EOG Resources are in discussions to jointly develop a natural gas field off the coast of Trinidad and Tobago, the British company said. The field holds just under 1 trillion cubic feet (tcf) of natural gas, but will eventually be tied back to another BP discovery, bringing the area to be developed closer to 1.5 tcf of gas, two people with knowledge of the project told Reuters. First gas is expected in late 2026 and is planned to feed Trinidad's flagship liquefied natural gas (LNG) project, Atlantic LNG, in which BP and Shell each have equity stakes of 45%.
- Zacks
BP Halts Development Talks on Manakin-Cocuina Gas Project
BP's interest in the region is part of its broader strategy to boost natural gas production in Trinidad, where it has witnessed a significant decline.
- Zacks
AppLovin and Day and Akamai have been highlighted as Zacks Bull and Bear of the Day
AppLovin and Day and Akamai have been highlighted as Zacks Bull and Bear of the Day
