The Ministry of Energy and Energy Industries is currently participating in the AAPG Energy Opportunities 2023 Conference being held from March 21-23 in Mexico City, Mexico. The Ministry, and by extension, Trinidad and Tobago is being represented in all aspects of the event.
As a precursor to the main event, The National Hydrocarbon Commission (CNH) of Mexico hosted an invitation only Regulator Forum on Tuesday 21st March, 2023. The Ministry was represented by Ms. Kimberlee London, Senior Geologist and Bid Round Team Lead during the event. The event showcased representatives from Mexico, Belize, Bolivia, Colombia, The United States, Suriname, Uruguay and Trinidad and Tobago.
Following a guided tour of the National Lithoteca in Hidalgo, Mexico, a highly specialized storage facility for geological samples, the participants were assigned to working tables to exchange ideas and experiences on best practices and lessons learnt by each country in the hydrocarbon sector.
The similarities between the approval processes for exploration and development plans across the countries, as well as the importance of encouraging and strengthening the regulator efficiency were the main points highlighted during the working session. At the end of these discussions and knowledge sharing, the participants committed to the continuation of the dialogue and cooperation among the participating countries through a common work agenda.
The Ministry of Energy and Energy Industries is also hosting an exhibition booth at the International Pavilion of the event from 22-23 March. The Ministry gave the first presentation during the Country Snapshots on Day 1 of the conference, using the opportunity to present on its upcoming 2023 Shallow Water Competitive Bid Round. The presentation was well attended and generated valuable follow-up discussions with the Ministry’s Bid Round Team representatives on-site. The Ministry was also able to showcase its recently launched Virtual Data Room in preparation for the upcoming Shallow Water Bid Round.
Also representing Trinidad and Tobago at the event was National Energy’s President, Dr. Vernon Paltoo, who participated in two panels on the first day of the conference. During the panel titled ‘What’s in a Name? Transforming from Oil and Gas to Energy Companies’, Dr. Paltoo highlighted Trinidad and Tobago’s efforts in building a low carbon energy sector while maintaining the relevance and importance of the gas industry.
The second panel ‘Developing Infrastructure in Harmony with Communities and Nature’ highlighted National Energy’s past partnerships with their fence line communities as well as their recent capacity building initiatives geared towards preparing communities for a low carbon future. The critical importance of education, and skills training was also emphasised.
The Ministry’s representatives, together with stakeholders from National Energy will continue to engage with participants during the remainder of the event.