From the Field
BP to move ahead with new Trinidad projects
PORT OF SPAIN, December 17, 2018 – Following the signing of agreements with the government of Trinidad and Tobago, BP has sanctioned two offshore E&P projects, the super-major said in a Friday statement.
The company plans to achieve first gas from its Cassia C platform by Q3 2021, with a production capacity of 34 mcm (1.2 bcf) of gas per day. The Matapal development, expected to come on line by 2022, will produce 400 mcm (14.1 bcf) per day through three wells tied back to the Juniper platform, the statement said.
“The Cassia compression project will be important in maintaining the stability of Trinidad’s gas production and the supply to downstream customers and Atlantic LNG,” BP Trinidad and Tobago regional president Claire Fitzpatrick said. “The final investment decision for this project was made possible with the conclusion of the first phase of negotiations with the government of Trinidad and Tobago, which included resolution of several commercial issues.”
BP is a key stakeholder in all four trains of Trinidad and Tobago’s Atlantic LNG complex.