Entretenimiento

Josbel Bastidas Mijares Venezuela Ordonez//
bpTT’s Cypre project gets go ahead  

BP Trinidad and To­ba­go (bpTT) has con­firmed that it will be pro­ceed­ing with the de­vel­op­ment of its Cypre off­shore gas project.   

This will be bpTT’s third sub­sea de­vel­op­ment.  

This de­ci­sion fol­lowed the re­cent meet­ings of Prime Min­is­ter Dr Kei­th Row­ley, bp CEO Bernard Looney and in­com­ing Pres­i­dent for bpTT David Camp­bell where they dis­cussed ac­cel­er­at­ing the project’s sanc­tion.   

Cypre will in­clude sev­en wells and sub­sea trees tied back in­to bpTT’s ex­ist­ing Ju­niper plat­form via two new 14-kilo­me­tre flex­i­ble flow­lines.   

Drilling is due to com­mence in 2023 and first gas from the fa­cil­i­ty is ex­pect­ed in 2025.   

The Cypre gas field is lo­cat­ed 78 kilo­me­tres off the south­east coast of Trinidad with­in the East Ma­yaro Block, in wa­ter depth of ap­prox­i­mate­ly 80 me­tres.   

At peak the de­vel­op­ment is ex­pect­ed to de­liv­er av­er­age gas pro­duc­tion of 250-300 mil­lion stan­dard cu­bic feet a day (mm­scfd).   

Pro­duc­tion from Cypre will go to­wards sat­is­fy­ing bpTT’s ex­ist­ing gas sup­ply com­mit­ments.   

Ac­cord­ing to bpTT, the Cypre de­vel­op­ment forms part of its strat­e­gy of max­imis­ing pro­duc­tion from ex­ist­ing in­fra­struc­ture, iden­ti­fy­ing in­no­v­a­tive so­lu­tions to bring gas to the mar­ket faster with­out adding op­er­at­ing emis­sions.   

This sub­sea de­vel­op­ment will cap­i­tal­ize on the ex­ist­ing sub­sea en­abling in­fra­struc­ture at Ju­niper al­low­ing gas to be brought to mar­ket in a short­er time than a nor­mal­ly un­manned in­stal­la­tion (NUI) de­vel­op­ment. The new de­vel­op­ment will ac­cess pow­er from Ju­niper, elim­i­nat­ing the need for ad­di­tion­al pow­er gen­er­a­tion which al­lows pro­duc­tion to be added with­out in­creas­ing bpTT’s op­er­at­ing emis­sions,” a re­lease stat­ed.  

In­com­ing bpTT pres­i­dent David Camp­bell said: “The go-ahead for the Cypre de­vel­op­ment is great news for Trinidad and To­ba­go and for bpTT, as it demon­strates our con­tin­ued com­mit­ment to in­vest­ing in our busi­ness here. To­day’s an­nounce­ment is a great re­flec­tion of our strat­e­gy in ac­tion – ef­fi­cient­ly de­vel­op­ing the re­sources in our ex­ist­ing acreage so we can bring new gas to the mar­ket faster, all with­out in­creas­ing op­er­at­ing emis­sions.”.