Two of the largest energy producers in Trinidad and Tobago yesterday confirmed they will be sending home workers.

According to the Trinidad Express, producers bpTT and BHP Billiton—which said it was facing extremely challenging conditions—announced they were cutting jobs.

Global oil prices were teetering on the brink of sub-US$30 per barrel in New York yesterday while natural gas hovered around US$2.29 per million British thermal units on the New York Mercantile Exchange.

BPTT, which operates in 904,000 acres off Trinidad’s east coast, with 13 offshore platforms and two onshore processing facilities, did not immediately confirm how many jobs would be lost as it reviewed its “organizational structure”.



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