Major projects 2017

We expect to start-up seven major projects in 2017, making it one of the most significant years for commissioning new projects in our history. Together with the projects already brought on line in 2016, these new projects will make a huge contribution to the 800,000 barrels of oil equivalent per day (mboed) of new production by 2020.

35 mboed peak production, net to BP

The facility will increase gas production from low-pressure wells in BP Trinidad and Tobago’s existing acreage in the Columbus Basin.

Completed: 13 April 2017

80 mboed peak production, net to BP

Taurus and Libra are the first two offshore gas fields in the five-field West Nile development, which will enable BP and its partners to accelerate gas production commitments to Egypt.

Completed: 24 March 2017

45 mboed peak production, net to BP

The world’s largest harsh water floating production vessel, based west of Shetland, will extend and expand the recovery of oil from the Schiehallion field area through to 2035.

Completed: 22 May 2017

95 mboed peak production, net to BP

BP’s first subsea field development in Trinidad and Tobago, a $2 billion investment, will produce LNG gas 50 miles off the south-east coast of Trinidad, in water depth of approximately 360 feet.

Status: on track

8 mboed peak production, net to BP

A 7km subsea development to extend the plateau of the world class North West Shelf Project.

Status: on track

115 mboed peak production, net to BP

The Khazzan reservoirs in Block 61 represent one of the Middle East’s largest unconventional tight gas accumulations and are expected to be a major new source of gas supply for Oman over many decades.

Status: on track

40 mboed peak production, net to BP

Thought to be the largest gas discovery made in the Mediterranean with up to 30 trillion cubic feet of new gas resources. The first phase of development is being fast-tracked, with first gas currently expected in late 2017.

Status: on track

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