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Perenco acquires major stake in blocks offshore Trinidad

Anglo-French oil and gas firm Perenco has bought a 70% interest in the Teak, Samaan and Poui (TSP) Block of oilfields offshore Trinidad and Tobago.

Perenco will operate the blocks, which it acquired from a subsidiary of Spanish giant Repsol called Repsol E&P T&T.

The fields, located southeast of Trinidad, produce 14,000 barrels of oil equivalent per day.

Perenco’s main interests previously have been in Europe’s North Sea.

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Donal Scully

With 28 years experience writing and editing for newspapers in the UK and Hong Kong, Donal is now based in California from where he covers the Americas for Splash as well as ensuring the site is loaded through the Western Hemisphere timezone.
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