No cheating!: Trinidad hopes for better results in this year's round
Five blocks go up for bid in Trinidad
Trinidad and Tobago is offering five new exploration blocks in its 2008 bid round.
The blocks include Block 4(b) in 400-800 metres of water off the country’s east coast.
Block 4(b) lies just east of BG Group’s prolific Dolphin field, which holds more than 5 trillion cubic feet of gas.
Also included are Block 5(d), also off the east coast, north of the Manikin gas discovery in 450-800 metres of water; and NCMA (3), (4) and (5), all off the northern coast in more-shallow water (100-550 metres), which are believed to be gas-prone.
Energy Minister Conrad Enill said the ministry plans to target companies with a history of drilling in deep water, Oil and Gas Journal reported.
The ministry will rebid the ultra-deep parcels in 2009.