Who We Are
DeNovo - From The Beginning
We make a difference through safely, rapidly, and efficiently developing and operating greenfield and brownfield assets utilising green technologies and automated processes (designed and built to industry standards) in order to deliver competitive energy molecules, all done through highly enrolled and empowered DeNovians.
DeNovo is a Trinidad and Tobago energy company focused on monetising proven natural gas reserves for use in the petrochemical sector. DeNovo currently produces natural gas from the Iguana and Zandolie fields in Block 1(a) in the Gulf of Paria, offshore Trinidad. Natural gas is then sold to the National Gas Company of Trinidad and Tobago (NGC) for use by the petrochemical sector in the Point Lisas Industrial Estate.
DeNovo was founded in 2016 commencing its first field development project, Iguana, which was a fast-tracked project delivered safely within 33 months, in November 2018. The Iguana project included the delivery of 3 producing wells, a normally unmanned installation (NUI) platform, a 45km subsea pipeline connected to DeNovo’s Gas Processing Unit (GPU) which was also constructed within the same timeframe onshore at the Pt. Lisas Industrial Estate. The Iguana 45 km pipeline was the first gas pipeline in the Gulf of Paria connected directly to the Pt. Lisas Industrial Estate. The project was delivered with Zero Lost Time Incidents (LTIs) and since commencing gas production in 2018, DeNovo has demonstrated safe and reliable operations with an uptime of over 99.8%.
DeNovo’s second field development project, Zandolie, was delivered in July 2022, within 31 months of project commencement with a one-time safe start up and zero lost time incidents. Zandolie includes a 100% renewable-powered Normally Unmanned Installation (NUI) platform that was built entirely in Trinidad and Tobago and a 17 km tie-back pipeline connected to the Iguana facility – proof of concept that Iguana can become a hub for natural gas in the Gulf of Paria. The award-winning Zandolie project is notable for its 100% renewable-powered platform and its maximisation of local content for construction and drilling.
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MAJORITY SHAREHOLDER
PROMAN
Proman is Trinidad and Tobago’s largest petrochemical player, and the first Downstream group to expands into the Upstream in the country. Proman is an integrated industrial group and global leader in natural gas derived products and services. Headquartered in Switzerland, with assets in the United States, Trinidad and Oman, and ongoing expansion into Mexico, Proman is the world’s second largest methanol producer and one of the ten leading fertiliser companies. Proman is also a significant services business, with extensive experience in petrochemical plant operations, petrochemical and power plant construction, product marketing and logistics, and project management. The Group offers a fully integrated, diversified platform across the whole value chain from the production and conversion of natural gas to the marketing and delivery of end products to its customers.