August 1 st , 2021, Pt. Lisas: DeNovo Energy Limited (DeNovo) and The National Gas Company of Trinidad and Tobago (NGC) today announced the signing of the Zandolie Field development Gas Sales Contract (GSC) for commercialisation of the Zandolie Field located in Block 1(a).
The Zandolie Field Development project will be DeNovo’s second offshore instalment following the Iguana field development in the same Block 1(a) which was the first west coast natural gas field to be developed in Trinidad and Tobago.
DeNovo will invest USD 52 MM on the Zandolie development which is expected to deliver approximately 40 million standard cubic feet of gas per day (MMSCFD). On the current project schedule, production is projected to begin within the first half of 2022.
NGC has been working collaboratively and earnestly with both the upstream and downstream sectors to ensure alignment of supply and demand for the medium to long-term. This has included a keen focus on opportunities to monetise small and marginal fields.