Perenco has completed the acquisition of the Greater Angostura producing oil and gas assets and associated production facilities from Woodside Energy in Trinidad and Tobago…
Perenco has completed the acquisition of the Greater Angostura producing oil and gas assets and associated production facilities from Woodside Energy in Trinidad and Tobago.
The finalization of the deal, combined with Perenco’s existing operation of the Teak, Samaan and Poui (TSP) and Cashima, Amherstia, Flamboyant and Immortelle (CAFI) fields, aligns Perenco as a major oil and gas producer in country.
From July 11, 2025, Perenco will complete the acquisition of two Woodside Energy entities, their working interest and operatorship of the 2(C) and 3(A) Production Sharing Contracts and its onshore terminal.
The Greater Angostura offshore fields, developed by seven fixed platforms and additional subsea facilities targeting the Angostura and Ruby oil and gas fields, produce today approximately 300 mmscfd, or 50,000 boepd, for the Trinidad and Tobago market, which is approximately 12% of the national gas production.
Following this acquisition Perenco’s operations in Trinidad and Tobago will have a gross gas production base of more than 500 mmscfd as well as a gross oil production of more than 10,000 bopd.
“This milestone will increase our gross production levels in excess of 100,000 boepd and
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