BP Trinidad and Tobago has given the green light to the development of its Angelin offshore gas project.
The project will see the construction of the group’s 15th offshore facility – 60 kilometres off the south-east coast of Trinidad in water depth of about 65 metres.
BPTT’s regional president Norman Christie said: “We are pleased to be able to announce the sanction of the Angelin project which was made possible due to the execution of a new gas sales contract with the National Gas Company.
“Successful completion of these negotiations was important not only to the sanction of Angelin but will also underpin a further US$5-$6 billion in potential future investments over the next five years. These investments are important to increasing indigenous national gas production and bringing more stability to gas supply to the downstream and Atlantic.”
The development will include four wells and will have a production capacity of about 600 million standard cubic feet of gas a day.
Gas from the project will flow to the Serrette platform hub through a new 21 kilometre pipeline.
BPTT operates in 904,000 acres off Trinidad’s east coast.
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