RWE Dea wins Trinidad license

Offshore staff

HAMBURG, Germany – RWE Dea has been awarded an offshore block under Trinidad and Tobago’s 2010 shallow water bid round.

The NCMA2 block is around 50 km (31 mi) off the northern coast of Trinidad. It covers an area of 1,019 sq km (393 sq mi), in water depths of 100-200 m (328-656 ft), and is on trend with the Hibiscus and Chaconia gas fields.

Operations should start in July with the acquisition of a 3D seismic survey covering the whole concession. Niko Resources is the operator, with a 56% interest. RWE Dea holds 24%, and state company Petrotrin the remaining 20%.

04/26/2011

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