The area along Guayaguayare Bay, between the Lizard River (originally Rio de Iguanas) and the Pilote River (Rio de Pilotas) was settled by French planters and their slaves in the late eighteenth century following the 1783 Cedula de Población.
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The largest petroleum producers in the country - BP Trinidad & Tobago (bpTT), BHP Billiton and Petrotrin all have major presences here and bpTT controls the Port of Guayaguayare, which services most of the offshore petroleum production in Trinidad.