Page 16 - LatAmOil Week 46 2022

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PROJECTS & COMPANIES Rose-Marie Belle Antoine, said: “The UWI is investment decision (FID).
grateful to Shell’s support in this CCS project If the project reaches FID and moves for-
Shell Trinidad and Tobago since it represents a significant step towards ward, the FPSO lease and operate contract will
reducing greenhouse gas emissions in Trinidad have a firm period of 18 years with seven years
Ltd partners with local and Tobago and in the meeting of this country’s of options.
global commitments in that regard. Given our
BW Offshore, November 10 2022
universities for CCUS own commitment to address climate change, TGS commences 3D
this is a laudable objective. We are pleased to be
opportunity partnering with a responsible oil and gas partner
in this endeavour.”
Shell Trinidad and Tobago Ltd (Shell) is pleased She further pointed out: “A Carbon Capture reprocessing project
to announce that it has signed a research study and Storage project of this nature is a first for the offshore Uruguay
contract with the local universities to explore Caribbean region and, with Shell’s support, will
Carbon Capture, Utilisation and Storage certainly enhance capacity building in Carbon TGS, a global provider of energy data and intel-
(CCUS) Atlas mapping in Trinidad and Tobago. Capture and Storage technology at The UWI.” ligence, today announced it has commenced a
Shell will be collaborating with The University “The development of this National Storage 3D data reprocessing program offshore Uru-
of the West Indies (UWI) and the University of Atlas for Trinidad and Tobago is a critical activ- guay. Tannat 3D PSDM Repro consists of 25,000
Trinidad and Tobago (UTT) on this enterprise ity geared towards our country’s greenhouse gas square km, covering blocks in the active Uru-
which is the first of its kind locally and in the emission reduction and the partnership with guay Licensing Round.
Caribbean. Shell will play a key role in achieving this,” said The data will be regionally integrated and
CCUS is an integral part of Shell’s global David Alexander, Associate Professor and Pro- reprocessed using advanced techniques, includ-
Powering Progress strategy, which is aimed at ject Lead, UTT. ing de-ghosting, improved velocities and pre-
becoming a net-zero emissions energy business Energy Chamber of Trinidad & Tobago, November stack merge and migration to depth. This newly
by 2050 or sooner. 11 2022 enhanced data, combined with TGS’ existing
The company believes that CCUS can be a 23,000 km of 2D seismic coverage in the area,
key option for the transition to a lower-carbon BW Offshore announces will allow for the definition of play fairways,
energy system. leads, and exploration targets, providing E&Ps
The Atlas study seeks to map onshore and extension of limited notice with the best imaged data to make the most
offshore potential subsurface fields that can be informed decisions ahead of and after the license
used to capture and store carbon dioxide and will to proceed for Gato do Mato round.
assess the feasibility of using CCS as a solution Kristian Johansen, CEO at TGS, commented:
to contribute to the reduction of Trinidad and field offshore Brazil “We are excited to embark on this project and
Tobago’s carbon emissions. Shell is also provid- further position TGS in the region support-
ing technical support and access to reservoir BW Offshore has announced that Shell Bra- ing the future exploration success Offshore
data to the data scientists at the Universities for sil Petróleo Ltda (Shell) and its partners have Uruguay.”
the purpose of the project. extended the limited notice to proceed (LNTP) Early out PSDM data will be available in Q1
“This is an incredibly exciting opportunity for period with BW Offshore and Saipem. This 2023, with final products to be delivered in Q3
Shell and its partners The UWI and UTT to con- extension is valid until February 15, 2023, and is 2023.
tribute to the energy transition in Trinidad and related to the supply of an FPSO for the Gato do TGS provides scientific data and intelligence
Tobago,” said Suhail Kak, GM Development and Mato oil and gas field offshore Brazil. to companies active in the energy sector. In addi-
Subsurface, Shell T&T. “We are truly energised Terms of the contract are in agreed form. tion to a global, extensive and diverse energy
by this project and its potential for reducing car- Upon completion of the extension period, BW data library, TGS offers specialised services such
bon emissions for the country, and our business.” Offshore and Saipem have the option to be as advanced processing and analytics alongside
Pro Vice-Chancellor and Campus Principal awarded the lease and operate contract, contin- cloud-based data applications and solutions.
of The UWI St. Augustine Campus, Professor gent on financing and the project reaching final TGS, November 10 2022

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