Drilling will begin in just a few weeks at the Ruby Field, located off the east coast of Trinidad.
According to Prime Minister Dr Keith Rowley, this would mean the operationalization of a significant oil field in local waters.
Dr Rowley was speaking this morning, during an event to commemorate the return of the Invictus Deep Water Rig and drilling of the BHP Broadside Well.
Dr Rowley also spoke about the significance of the Broadside Well.
Prime Minister Dr Keith Rowley.