Kevin Ramnarine was the Minister of Energy and Energy Affairs of Trinidad and Tobago (July 2011 to September 2015). Under his tenure Trinidad and Tobago’s deepwater acreage was opened up to exploration with the signing of nine deepwater “production sharing contracts”. Arising out of these contracts BHP Billiton completed the largest ever 3D seismic survey conducted by an International Oil Company in the history of the oil industry.
Over the course of his tenure as a Minister he signed twenty three PSC’s and E&P licenses which more than any other Minister before him. As Minister, he presided over a four-fold increase in energy related Foreign Direct Investment from $US 501 million in 2010 to $US 1.9 billion in 2014. This led to a significant turn around in upstream activity.
He also signed three agreements aimed at advancing the commercialization of trans-boundary reserves of natural gas shared between Trinidad and Tobago and Venezuela.
Prior to being appointed Energy Minister, he held positions in the Energy Chamber and at British Gas (BG) where he worked as the Lead Economist.
He holds a B.Sc. in Chemistry, a M.Sc. in Petroleum Engineering and an MBA. He is also a Member of the Society of Petroleum Engineers (SPE).
For his contribution to the development of the Trinidad and Tobago energy sector he received the award of “Energy Executive of the Year” from the Petroleum Economist magazine in 2014.
For a little additional information about Kevin’s experience, read an interview about his time as energy minister.