The Ca­lyp­so deep­wa­ter project was heav­i­ly dis­cussed dur­ing the meet­ing be­tween En­er­gy Min­is­ter Stu­art Young and Wood­side En­er­gy ex­ec­u­tives yes­ter­day.

Ac­cord­ing to a re­lease from the Min­istry, the Min­is­ter along with per­ma­nent sec­re­tary, Ms San­dra Fras­er (Ag), en­gaged in sub­stan­tive dis­cus­sions on the tech­ni­cal and com­mer­cial as­pects of the Ca­lyp­so nat­ur­al gas project with Wood­side En­er­gy’s Kellyanne Lochan, coun­try man­ag­er (Ag); Wood­side En­er­gy, Trinidad and To­ba­go Sta­cy Patrick, project di­rec­tor, Ca­lyp­so; Onne Pe­ters, vice pres­i­dent of At­lantic Sales; Ross Wildy, vice pres­i­dent Com­mer­cial Ex­plo­ration and De­vel­op­ment and Shel­don Nar­ine, se­nior ad­vi­sor, Cor­po­rate Af­fairs.

The Ca­lyp­so Deep­wa­ter project is lo­cat­ed 250km off the East Coast of Trinidad in 2,200m wa­ter depth.

Young stressed the sig­nif­i­cance of the project and its im­por­tance not on­ly to deep­wa­ter re­source de­vel­op­ment, but al­so to the fu­ture ben­e­fi­cial growth of Trinidad and To­ba­go’s en­er­gy sec­tor and the over­all en­er­gy se­cu­ri­ty of the re­gion. The Wood­side ex­ec­u­tives pro­vid­ed in­sight­ful up­dates on the project and the par­ties dis­cussed an ag­gres­sive time­line aimed at bring­ing first gas to mar­ket as soon as pos­si­ble.

Lochan ex­pressed grat­i­tude for the Min­is­ter’s con­tri­bu­tions and the Min­istry’s will­ing­ness to en­gage with Wood­side to fur­ther the project.

The re­lease stat­ed the meet­ing was part of the Min­is­ter’s con­tin­u­ing com­mit­ment to­wards fos­ter­ing ac­tive and pro­duc­tive col­lab­o­ra­tion with en­er­gy sec­tor stake­hold­ers.