Close Menu
NCIJ Network NCIJ Network
    What's Hot

    Trump unveils new site to simplify access to government services | Politics News

    September 29, 2026

    ‘I was lured into a trap’: Evan Gershkovich on moment that led to 16 months in Russian jail

    September 29, 2026

    Will pensioners be poorer as a result of Burnham scrapping the triple lock? | State pensions

    September 29, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Trump unveils new site to simplify access to government services | Politics News
    • ‘I was lured into a trap’: Evan Gershkovich on moment that led to 16 months in Russian jail
    • Will pensioners be poorer as a result of Burnham scrapping the triple lock? | State pensions
    • Supreme Court Allows Rapid Third-Country Deportations, for Now
    • OpenAI Gets Sued Over the Hugging Face Hack
    • New Spectre v2 Variant Exposes Intel, AMD, Arm CPUs to Data Leaks
    • Cboe, S&P Dow Jones open door for tokenized options under extended licensing deal
    • Scientists expected these Galápagos sea turtles to wander. They stayed put
    • About
      • Our Team
      • Editorial Policy
      • Editorial Independence
      • International Support
    • Trust & Standards
      • AI Usage Policy
      • Conflict of Interest Policy
      • Corrections Policy
      • Ethics Policy
      • Fact-Checking Policy
      • Source Protection
    • Get Involved
      • Guide for Sources
      • Support Independent Journalism
    • Legal
      • Cookie Policy
      • Privacy Policy
      • Terms of Use
    Facebook X (Twitter) Instagram
    NCIJ Network NCIJ Network
    Tuesday, September 29
    • Home
    • World
    • Ai
    • Business
    • Politics
    • Health
    • Crypto
    • Science
    • Technology
    • Cybersecurity
    • Defense & Security
    • Economy
    • Energy
    • Europe
    • More
      • Fact Check
      • Investigations
      • Opinion & Analysis
      • Environment
    NCIJ Network NCIJ Network
    Home»Energy

    Shell’s new platform departs yard as NGC locks in gas deals

    NCIJ NETWNCIJ NETWORKBy NCIJ NETWNCIJ NETWORKSeptember 29, 2026 Energy No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The NGC has executed the final commercial agreements with Shell Trinidad and Tobago, an affiliate of the UK-headquartered Shell, in support of the Aphrodite project, following their finalization in early September 2026. The National Gas Company explains that its pipeline and gas-related infrastructure will play a critical role in bringing the project’s gas reserves to market, with first gas anticipated by the second quarter of 2027.

    Gerald I. Ramdeen, NGC’s Chairman, commented: “The execution of the agreements represents the results of advancing the new vision and business model of NGC directed to strengthening Trinidad and Tobago’s energy security and providing support to our domestic energy sector.

    “Aphrodite will add to the future gas supply for the local energy market, bolster sustainability of downstream operations, grow economic activity and in the long-term, support national development. It also demonstrates the value of collaboration across the energy sector to advance projects that have strategic significance for the country.”

    Following a final investment decision (FID) on the Aphrodite undeveloped gas field in the East Coast Marine Area (ECMA) offshore Trinidad and Tobago, Shell hired Subsea7 for the transportation and installation of subsea equipment in Block 5a, located at water depths of up to 290 meters.

    Once it comes online, this gas project will serve as a backfill for the country’s Atlantic LNG facility, helping to maximize the potential utilization of the operator’s existing assets. This field development will bring an estimated peak production of approximately 18,400 barrels of oil equivalent per day (boe/d) (107 million scf/d).

    The National Gas Company of Trinidad and Tobago has also confirmed the execution of a binding term sheet to acquire 50% of the volumes from the Coconut gas development, which is expected to come online in the first quarter of 2027. The firm deems the acquisition of these volumes as a significant step in ensuring the country’s energy security.

    Edmund Subryan, Acting President of NGC, underscored: “Coconut will add 300 billion cubic feet (bcf) of gas to NGC’s portfolio. This new agreement will allow us to strengthen supply to the downstream, attract foreign direct investment, support the continued operation of vital industries, sustain employment and reinforce industrial and investor confidence.”

    When the final investment decision in the Coconut gas development was taken in 2024, first gas was expected in 2027. At the time of the FID, only a small percentage of the gas produced from the development was intended to be sold to NGC because of the decision of the last administration to permit all upstream producers a direct route to LNG markets as part of the restructuring of Atlantic LNG.

    The company emphasized: “NGC recognised there would have been significant loss to the people of this country if the volumes were allowed to be allocated and monetised as approved by the previous administration. NGC, under the leadership of its Chairman and Acting President, engaged with the licence holders of the Coconut development with the intention of securing the maximum volumes from this development for NGC.

    “These negotiations were made much more difficult for NGC because of the lack of foresight by those previously managing the energy resources of this country. Notwithstanding the challenges encountered, NGC successfully negotiated the purchase of 50% of the volumes from this development.”

    Meanwhile, the momentum builds as the U.S.-headquartered McDermott announced the departure of Shell’s Manatee platform from the Altamira Fabrication Yard for offshore waters in Trinidad and Tobago’s ECMA. The gas from the project is expected to provide backfill for Trinidad’s Atlantic LNG facility.

    deals Departs gas locks NGC Platform Shells yard
    NCIJ NETWNCIJ NETWORK
    • Website

    Keep Reading

    Shell’s LNG project brings Fluor-JGC JV multibillion-dollar award

    Instinct founder said more than 50% of transactions on the platform are travel-related

    Subsea production systems for Mozambique’s deepwater LNG project ordered from OneSubsea

    Tekmar nets €6 million contract extension in offshore wind

    Subsea Micropiles to invest £5 million in expanding manufacturing, offshore ops at Scottish port

    NVIDIA Launches Open Agent Safety Platform: OpenShell Sandboxes Agents on Vera CPUs While Sentry on BlueField-4 Quarantines Them in Milliseconds

    Add A Comment
    Leave A Reply Cancel Reply

    Editors Picks

    Trump unveils new site to simplify access to government services | Politics News

    September 29, 2026

    ‘I was lured into a trap’: Evan Gershkovich on moment that led to 16 months in Russian jail

    September 29, 2026

    Will pensioners be poorer as a result of Burnham scrapping the triple lock? | State pensions

    September 29, 2026

    Supreme Court Allows Rapid Third-Country Deportations, for Now

    September 29, 2026
    Latest Posts

    Bitcoin collateral: MARA’s $600M Long Ridge financing

    August 7, 2026

    Truck Brake Controller’s Safety Recall Doubled as Hidden Security Fix

    August 7, 2026

    The best classic slasher movie you’ll never watch

    August 7, 2026

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    NCIJ Network is an independent digital news platform delivering trusted investigative journalism, European and global news, in-depth analysis, and fact-based reporting with accuracy, transparency, and integrity.

    Facebook X (Twitter) Instagram Pinterest YouTube

    Trump unveils new site to simplify access to government services | Politics News

    September 29, 2026

    ‘I was lured into a trap’: Evan Gershkovich on moment that led to 16 months in Russian jail

    September 29, 2026

    Will pensioners be poorer as a result of Burnham scrapping the triple lock? | State pensions

    September 29, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Type above and press Enter to search. Press Esc to cancel.