Trinidad plans development of offshore Galeota Block
Trinidad and Tobago The study is meant as a precursor to conceptual engineering, front end engineering and sanctioning the development.
Leased mobile offshore production units and FPSOs are being are being considered to develop the project.
The study is expected to conclude in September 2023.
The TGAL area of the concession located on the east coast of Trinidad and Tobago was discovered in 2013 with the drilling of the TGAL-1 exploration well in 2013.
The Galeota Block is expected to contain proven and possible reserves of 46.1 million boe.
The play comprises 69% of the company’s proven and possible reserves.
The cost of the study was not disclosed.
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