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Dingwall's island venture

Bruce Dingwall, who built Venture Production into one of the biggest independents in the North Sea, has set out to raise $90 million (£56m) to try to repeat the trick in Trinidad.

The oil and gas entrepreneur, set to return to the quoted arena as executive chairman of Trinity Exploration & Production, is spearheading the company's efforts to tap investors ahead of a big growth push.

Trinity wants to raise the money to fund the development of assets that Mr Dingwall believes could help the company achieve rapid expansion in Trinidad. While the company will be based in Trinidad, key functions will be run from Edinburgh.

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