Our Role
Mandate
To serve as Grenada's single authoritative institution for the management and oversight of its hydrocarbon resources — technical, regulatory and economic — on behalf of the people of Grenada.
The TWG shall:
- Serve as the one-stop authority for all hydrocarbon matters, providing guidance and support to decision-makers at the strategic, policy and political levels.
- Act as the Government's focal point for all upstream hydrocarbon affairs, including interaction with industry players at every level on technical matters.
- Attract technically and financially capable organizations to explore for, develop and produce Grenada's hydrocarbons.
- Receive, review and determine operator and partner requests — permits, investments and operations — approving or rejecting them on defined criteria.
- Regulate the sector by initiating and influencing regulations, and by verifying and enforcing compliance with them.
- House and safeguard Grenada's economic and investment interests, and act as custodian of all national hydrocarbon sector data.
Our Purpose
Vision
To be a world-class hydrocarbon authority that unlocks Grenada's resource potential to drive national development and lasting prosperity for all Grenadians.
Mission
To ensure the timely, sustainable and transparent development of Grenada's hydrocarbon resources — through sound policy, rigorous technical planning, appropriate technology, and disciplined management of the industry — in a manner that maximizes value for the people of Grenada.
In pursuing this mission, the TWG will:
Advise strategically
serve as the strategic and policy advisor to Grenada's
decision-makers.Bridge government and investors
foster a stable, attractive and competitive
investment climate.Regulate credibly
operate as a fully functional, transparent regulator with
complete technical mastery of the basin, able to attract and guide investors.Partner responsibly
act as a credible partner to investors while managing
Grenada's economic interest in the sector.