RBG Scores Safety Milestone at Trinidad and Tobago

- RBG Scores Safety Milestone at Trinidad and Tobago

Wednesday, May 25, 2011
RBG

RBG has recorded a significant safety achievement by completing more than 2,000,000 man-hours without a lost time incident across the company's Trinidad and Tobago operations.

The achievement marks another major milestone in the company's REACH safety program which, since its launch in December 2009, has played a major role in reducing Lost Time Incident Frequency (LTIF) by 38.5% globally. REACH aims to create a stronger, safer culture throughout RBG and in 2011 the initiative will expand to improve the company's full HSEQ remit.

In 2010, RBG's Trinidad and Tobago team was recognised for its contribution to Neal & Massy Wood Group's (NMWG's) achievement of 5,000,000 man-hours LTI free.

RBG's facilities in Point Lisas and Galeota employ approximately 430 personnel and offer the company's full range of innovative products and services including fabric maintenance, bolt torquing, fabrication and welding, scaffolding and habitat supply to the regional oil, gas and petrochemical industry.

RBG's Trinidad and Tobago country manager, Ricardo Mahadeo said, "I am very proud of our employees and we are delighted to have reached such a significant milestone. Reaching more than 2,000,000 hours without an LTI is testament to the commitment of our team to highlight and eliminate risk from our operation. It is a remarkable accomplishment and we will continue to work hard to maintain the high safety standards we have set.

"REACH has helped us achieve these excellent levels of safety by engraining good safety practice as a normal part of our daily working lives."

RBG's Group HSEQ director, Mike Mann, said, "The commitment demonstrated by our Trinidad and Tobago employees to achieve this goal is a tremendous example of the RBG safety culture we are striving for. This represents the best of our company in terms of leadership, engagement, communications, and commitment to achieving safety excellence."

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RWE Dea Scoops Up Block Offshore Trinidad and Tobago

RWE Dea Scoops Up Block Offshore Trinidad and Tobago

Tuesday, April 26, 2011

RWE Dea AG

As a result of the 2010 shallow water bid round in Trinidad and Tobago, RWE Dea has been awarded one of the country’s offshore blocks. The respective Production Sharing Contract has now been signed with the Government of Trinidad and Tobago in Port of Spain. For RWE Dea, this marks the entry into the country with its established natural gas infrastructure in a prolific oil and gas prone region.

The NCMA2 block is situated approximately 50 kilometers off the northern coast of Trinidad. The block covers 1,019 km² and is located in water depths of 100 to 200 meters. It is on trend with the Hibiscus and Chaconia gas fields. Operational work is planned to commence in July with the acquisition of a 3D seismic survey covering the whole concession. RWE Dea's share in block NCMA2 is 24% with Niko Resources as operator holding 56% and the state company Petrotrin the remaining 20%.

"We are delighted to have been awarded our first block in Trinidad and Tobago," said Thomas Rappuhn, Chief Executive Officer of RWE Dea AG. "The signed PSC strengthens our strategic position and secures further highly prospective exploration acreage for the company." In its annual press conference in early April, the RWE Dea had already announced to increase its annual gas and oil production to 70 million barrel of oil equivalent by 2016. "To allow us to sustain the anticipated higher production volumes of the coming years for the long term, and to increase them, we step into new areas like Trinidad and Tobago and will expand our country portfolio even further," Rappuhn continued. RWE Dea is today active in 14 countries through licenses and branch offices. The company holds stakes in more than 170 licenses and is the operator in more than 40% of them.

The engagement in Trindad and Tobago also ties in with RWE's gas strategy to strengthen the group’s business in one of the most important LNG supply countries along the Atlantic margin.