trending Market Intelligence /marketintelligence/en/news-insights/trending/lqh7g_unw7kadu6hshsjxq2 content esgSubNav
In This List

BP unit plans projects to enhance production offshore Trinidad


Japan M&A By the Numbers: Q4 2023


See the Big Picture: Energy Transition in 2024


IR in Focus | Episode 10: Capital Markets Outlook


Infographic: The Big Picture 2024 – Energy Transition Outlook

BP unit plans projects to enhance production offshore Trinidad

BP PLC subsidiary BP Trinidad and Tobago announced Dec. 14 that it will hike its production offshore Trinidad with two enhancement projects.

The Cassia Compression project will involve the construction of a new platform, Cassia C, BPTT's 16th offshore facility. Gas production from the Greater Cassia Area will be routed to Cassia C for compression before being exported via the adjacent existing Cassia B platform. First gas from the facility is expected in the third quarter 2021.

"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," BPTT Regional President Claire Fitzpatrick said.

The Matapal project will develop the gas resources discovered by BPTT in 2017 with the Savannah exploration well. The project will be a three-well subsea tie-back to the existing Juniper platform. With production capacity of 400 million standard cubic feet of gas a day. First gas from Matapal is expected in 2022.

In July, the company announced it could invest as much as $8 billion for nine new developments in the islands within the next 10 years.

BPTT's 15th offshore platform Angelin is targeted to produce gas by the first quarter of 2019.