Trinidad and Tobago's Offshore Opportunities: Shallow Water Bid Round
The Government of Trinidad and Tobago is inviting stakeholders to participate in its Shallow Water Competitive Bidding Round 2023, featuring 13 offshore blocks along various coasts. The Ministry of Energy and Energy Industries offers exploration-friendly terms, fostering momentum in this historically rich production territory, supported by our extensive seismic and well data coverage database for prospect identification.
The Ministry of Energy and Energy Industries Announces the 2023 Shallow Water Competitive Bid Round
The Government of the Republic of Trinidad and Tobago invites stakeholders to participate in its Shallow Water Competitive Bidding Round 2023. This bid round contains 13 offshore blocks along Trinidad and Tobago's western, eastern, southern and northern coasts.
The Shallow Water Competitive Bid Round opened on October 3, 2023, and will run for six months, with the deadline for submission of bids at noon on April 2, 2024. Successful bidders will be announced four months following the close of bidding.
Explore Our High-Quality Seismic Coverage
TGS is home to the largest 2D seismic database in the industry, making it an ideal resource for identifying prospects in both shallow and deep-water exploration domains. The exploration-friendly terms offered by Trinidad and Tobago's Ministry of Energy and Energy Industries (MEEI) have catalyzed significant momentum in this historically rich production territory between Venezuela and Guyana.
We provide a comprehensive approach encompassing stratigraphic interpretation, meticulous well log analysis, and seismic correlation that has contributed to the establishment of a robust foundation for understanding the regional petroleum systems in this Caribbean hotspot.
Evaluate Exploration Opportunities with Well Data
High-quality well data provided by TGS is available to enhance geological understanding of the area and enable E&P companies to maximize the potential for shallow water discoveries in one of the world's most prolific exploration basins.
Our well packages are interpretation-ready and include products such as standardized digital logs (LAS, LAS+, Mud LAS, Lith LAS), validated well headers, quality-controlled directional surveys, and other available derivatives. Well packages are licensed and delivered to customers through our cloud based R360 Platform.
Terms & Conditions for the 2023 Shallow Water Competitive Bidding Round
Speak to a Specialist
Interested in a product demo or trial? Let us know your needs and we’ll connect you to the right person or team.
Book a Data Viewing
Want to see the latest seismic data solutions and imaging technologies in your region of interest or for the next license round? Book a data viewing with one of our experts.
Discuss Your Seismic Data Needs
Every need is different and we'd like the opportunity to discuss yours further. Speak to one of our data or geoscience experts to customize seismic solutions specific to your requirements.