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Dragon Offshore Gas Project

Sector: Chemical (Industrial) • Location: Venezuela

Source: Brazil Energy Insight

Project
Planned

The Dragon project is an offshore gas development located in Venezuelan waters near the maritime border with Trinidad and Tobago. Shell plans to drill four wells starting in the second quarter of 2027, with gas production intended to supply Trinidad's Atlantic LNG export facility and petrochemical sector. The project has faced delays due to sanctions but is advancing with a planned contract award

Status
Prospective
Sector
Chemical (Industrial), LNG, Seaport, Manufacturing (Industrial)
Location
Venezuela
Updated
22 Jul 2026
Source
Brazil Energy Insight

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Project Information

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The project “Dragon Offshore Gas Project” is an infrastructure initiative in the Chemical (Industrial) sector, located in Venezuela. Taiyo aggregates data on it from Brazil Energy Insight.

Participants

Not available for this record.

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The Dragon project is an offshore gas development located in Venezuelan waters near the maritime border with Trinidad and Tobago. Shell plans to drill four wells starting in the second quarter of 2027, with gas production intended to supply Trinidad's Atlantic LNG export facility and petrochemical sector. The project has faced delays due to sanctions but is advancing with a planned contract award by the end of September 2026, pending a positive final investment decision.

Original sector

Energy

Location

Country

Venezuela

Source

Source

Brazil Energy Insight

URL

More Details

Record type

Project

Sector

Chemical (Industrial), LNG, Seaport, Manufacturing (Industrial)

Article published date

2026-07-18

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