Sunday, May 28, 2017

BP CEO: Keep an eye on us in Trinidad*

Ind:The new Juniper offshore platform sets off on its journey towards the southeast coast of Trinidad, where it will be installed as bpTT’s 14th offshore installation. The Juniper topsides were fabricated at the TOFCO fabrication yard in La Brea, Trinidad and measure 145 feet tall to the top of the helideck and weigh about 5,100 short tonnes. —Photo courtesy bpTT

BP Group chief executive officer Bob Dudley says investors need to watch what the multinational plans to do in Trinidad and Tobago.
On a conference call last Tuesday, London-based Dudley told investors to “keep an eye on us with some other things that we may do in Trinidad”.
He was responding to a question about imminent final investment decisions (FIDs).
On July 26 last year, on a similar conference call with investors, Dudley had said that over the next 18 months, the company would decide on going after hydrocarbons in the shallow-water Angelin gas field, 40 kilometres off the coast of Manzanilla.
The Juniper platforms are now installed offshore and expected to come on stream in the third quarter (Q3) of this year.
Juniper is expected to come on stream with a maximum production of 590 million standard cubic feet of gas per day (mmscfd), which will flow through the Mahogany B offshore hub, according to BP statements.

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