BP Trinidad and Tobago (BPTT) resumed operations at its Mahogany B hub offshore the twin-island country following disruption from a fire last week at a temporary power generator.
BP Trinidad and Tobago “can confirm that on April 16 there was a non-process related fire in a temporary power generator on our Mahogany B hub, which was quickly contained. The facility was taken offline temporarily as a precautionary measure. However, operations resumed at the facility within 24 hours,” the company confirmed in an email this week to Hart Energy.
The Mahogany B hub receives gas from the Juniper facility, which had an initial production capacity in August 2014 of 590 million cubic feet per day (MMcf/d) when it was sanctioned. Juniper taps gas from the Corallita and Lantana fields located 50 miles off the southeast coast of Trinidad, according to details on BP Trinidad’s website.
Cassia C platform start-up issues
BP also said it was addressing issues at its Cassia C development, which delivered first gas late last year and is the company’s first offshore compression platform and biggest offshore facility.
“We have been carefully managing the ramp up process for Cassia C, which came online in November, and are currently addressing post start-up issues at the facility which have impacted production,” BPTT said. “We are making good progress on resolving the issues and in the interim have been working to mitigate any impacts by maximizing production from our other facilities.”
Cassia C is connected to BP’s Cassia hub, which is approximately 35 miles off Trinidad’s southeast coast. At its peak, Cassia C is expected to produce around 200 MMcf/d to 300 MMcf/d, according BP’s website.
Trinidad capex to approximate $800 million
BP Trinidad and Tobago is Trinidad’s largest gas producer, accounting for almost 47% of the country’s production, and is a consortium of BP Plc (70% interest) and Spain’s Repsol (30% interest).
RELATED: Trinidad’s Energy Minister Young Talks Gas Production, Venezuela and Atlantic LNG [WATCH]
Between 2018 and 2022, BP Trinidad and Tobago has invested about $3.4 billion in Trinidad. This year the investments will be just shy of reaching $1 billion.
“We expect to spend approximately $800 million in 2023, including Cypre – our next major project, infrastructure projects and our drilling program. We are also continuing talks with government on the deepwater blocks for which we submitted joint bids with Shell,” BPTT said.
Atlantic LNG partnership restructuring
British energy giant BP is also a key shareholder in Trinidad’s four-train 14.8 million tonnes per annum Atlantic LNG facility, currently operating with just three trains owing to a shortage of gas feedstock.
Negotiations between owners in Atlantic LNG, especially BP and Shell Plc, have been ongoing for years. Other owners in the facility include Trinidad’s National Gas Co. and Chinese Investment Corp. (CIC).
“We are progressing negotiations on the fully termed agreements with the government and Atlantic shareholders and all parties are working towards completing fully termed agreements by the end of the second quarter of 2023,” BP Trinidad and Tobago said.
BP announced on Feb. 7 in a statement that the new structure was expected to be operational October 2024.
RELATED: Chart Talk: Atlantic LNG Restructuring, Falling Output
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