JavaScript is disabled in your web browser or browser is too old to support JavaScript. Today almost all web pages contain JavaScript, a scripting programming language that runs on visitor's web browser. It makes web pages functional for specific purposes and if disabled for some reason, the content or the functionality of the web page can be limited or unavailable.

Sunday, July 13, 2025

Campbell hired as Petrotrin E&P CFO

by

Curtis Williams
2490 days ago
20180918
Nigel Campbell

Nigel Campbell

A for­mer bpTT em­ploy­ee has be­come the first per­son to be hired in the new Ex­plo­ration and Pro­duc­tion Com­pa­ny that is to emerge from State-owned Petrotrin.

Nigel Camp­bell has been hired as the com­pa­ny’s new Chief Fi­nan­cial Of­fi­cer and the an­nounce­ment was made last Fri­day by Raynold Ajod­has­ingh, a mem­ber of Petrotrin’s board of di­rec­tors.

In an in­ter­nal memo dat­ed Sep­tem­ber 14, 2018, Ajod­has­ingh said, “Please be ad­vised that Mr Nigel Camp­bell has been ap­point­ed Chief Fi­nan­cial Of­fi­cer with ef­fect from 2018 Sep­tem­ber 1. Your sup­port and co-op­er­a­tion with Mr Camp­bell would be ap­pre­ci­at­ed.”

Cam­bell’s ap­point­ment is in keep­ing with a state­ment made by Petrotrin chair­man Wil­fred Es­pinet that all Petrotrin em­ploy­ees will be sent home and the 800 jobs in the new Ex­plo­ration and Pro­duc­tion com­pa­ny will be open to any­one and not just for­mer em­ploy­ees.

Camp­bell’s LinkedIn pro­file shows that he worked at bpTT as its Fi­nan­cial Comp­trol­ler from 1997 to 2002, be­fore mov­ing on to work for three years as a fi­nan­cial ad­vis­er to the Bermu­da gov­ern­ment. In 2006, Camp­bell worked as a fi­nan­cial ad­vi­sor with BHP and from 2008 to 2013 was the fi­nance man­ag­er at the Uni­ver­si­ty of Trinidad and To­ba­go. Camp­bell has since worked as the fi­nan­cial comp­trol­ler for the Trinidad op­er­a­tions of Stork Tech­ni­cal Ser­vices In­ter­na­tion­al. He holds a BSC in In­dus­tri­al Man­age­ment, is al­so a cer­ti­fied pub­lic ac­coun­tant and has an MBA in Lead­er­ship, In­no­va­tion and Man­age­ment.

Con­tact­ed on the is­sue yes­ter­day, in an in­ter­view with the Sun­day Guardian, Es­pinet said Camp­bell had been con­tract­ed to fa­cil­i­tate the tran­si­tion.

In an in­ter­view with the Sun­day Guardian, Es­pinet had said the de­ci­sion was tak­en to “wipe the slate clean” and en­sure that the new E&P Com­pa­ny was not “sad­dled with the bag­gage of the old Petrotrin.”

“We want a new com­pa­ny that will have no bag­gage and will be in a po­si­tion to gen­er­ate cash flows to pay its debt and make a re­turn to the share­hold­er. In send­ing home all the em­ploy­ees from E&P, so we avoid con­tention on why one per­son was al­lowed to stay on and an­oth­er let go. Plus we will need peo­ple with cer­tain types of knowl­edge and skill sets that may not now ex­ist in the or­gan­i­sa­tion, so we felt we should ter­mi­nate every­one,” Es­pinet ex­plained.

Asked if this meant that the Oil­field Work­ers’ Trade Union would no longer be the recog­nised trade union in this new com­pa­ny, Es­pinet said, “You will have to ask them that your­self.”

Last month, the de­ci­sion to shut down the re­fin­ery was an­nounced and at that time it was re­vealed that the 1,700 work­ers in the re­fin­ery would be re­trenched.

Es­pinet said find­ing a pri­vate part­ner for the new E&P was al­so a dis­tinct pos­si­bil­i­ty.

“You know this busi­ness much bet­ter than me and peo­ple tell us that we could sig­nif­i­cant­ly in­crease crude pro­duc­tion, and that is great, but to do that, I know it will cost a lot of mon­ey which we do not have. So I am think­ing we can have a part­ner in the com­pa­ny, we may have a part­ner to do spe­cif­ic things in spe­cif­ic ar­eas. What I am say­ing is that there are many pos­si­bil­i­ties.”

The OW­TU has ac­cused the Gov­ern­ment of shut­ting down Petrotrin in an ef­fort to sell it to the pri­vate sec­tor.


Related articles

Sponsored

Weather

PORT OF SPAIN WEATHER

Sponsored