Chevron, BG Greenlight New Trinidad Offshore Gas Project

Law360, New York (October 25, 2012, 8:15 PM EDT) -- Partners Chevron Corp. and BG Group PLC on Thursday decided to move forward with the development of their jointly owned Starfish natural gas project off Trinidad and Tobago, with first production slated for the end of 2014.

For Starfish, BG Trinidad and Tobago will drill four subsea wells and a 10-kilometer subsea tieback to a platform in the nearby producing Dolphin field, co-owned by the BG subsidiary and Chevron Trinidad and Tobago Resources SRL, according to an emailed statement from Chevron.

"The Starfish project represents the...
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