UK oil company BP's Trinidad & Tobago subsidiary BPTT is primarily engaged in the exploration, production, transportation, refining, storage, distribution and sale of crude oil, natural gas, and derivatives. Its businesses also include electric power, renewables, and biofuels. BPTT, through its heritage companies Amoco Trinidad Oil Company and BP Amoco, has been operating in the country since 1961. The firm explores for and produces oil and gas in marine areas off the east coast of Trinidad where it holds exploration and production licenses covering 904,000 acres. BPTT is the country's largest hydrocarbon producer, accounting for more than 67% of the national production of oil and gas. It has partnerships with Powergen, Repsol, Trinidad & Tobago Electricity Commission and Atlas Methanol.
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