Trinidad and Tobago is setting the stage for a ‘new chapter’ in its offshore exploration with the launch of its 2025 deepwater bid round, international financial data and analytics provider S& P Global has stated. ‘With 26 offshore blocks that collectively cover approximately 29,177 sq km, the country’s 2025 deepwater competitive bid round is poised to be the largest auction of oil and gas exploration areas in Trinidad and Tobago’s history,’ it stated.
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