On 17th September, 2025 the Ministry of Energy and Energy Industries (MEEI) officially closed the 2025 Deep Water Competitive Bidding Round. While we have made significant strides in exploring both onshore and shallow water areas, a substantial portion of our deep water province remains underexplored. Trinidad: Trinidad And Tobago welcomes new entrants to its Deep Water FrontierSee original announcement for larger scale mapAt the close of the bidding round, the Ministry received a total of four bids from two bidders. CNOOC International Limited is a wholly owned subsidiary of CNOOC Limited, with deep water exploration and production experience. The Honourable Minister also expressed his intention to strengthen cooperation with leading international energy companies in deep water technology to ensure the optimal development of our deep water hydrocarbon resources.