BP exec renews commitment to T&T

BP Chief Executive, Upstream Bernard Looney expressed BP’s commitment to Trinidad and Tobago during a visit May 30- June 1.

Looney, BP Chief Operating Officer, Strategy and Regions Andy Hopwood and Regional President BPTT Norman Christie met with Prime Minister Dr. Keith Rowley, Minister Stuart Young, Minister in the Office of the Prime Minister, Minister Colm Imbert, Minister of Finance and Minister of Energy and Energy Industries Franklin Khan and other Government officials during their visit.  At the meetings with the government the BP representatives shared the significant progress that the company has been making to improve production capacity and gas supply for the short, medium and longer term. They also recognized the important role that government played in facilitating these projects and successes.  

At an event held on June 1 to mark several milestones achieved by the company, BPTT announced exploration success in its Savannah and Macadamia wells and the sanction of its latest project, Angelin. 

The 2017 start ups of TROC, Sercan II and the imminent start up of Juniper provide near term relief to the gas supply issues, the sanction and anticipated start up of Angelin in 2019 ensures that gas volumes can be maintained into the medium term and the exploration success gives confidence to maintaining gas supply levels into the longer term, post 2020.

Looney said that the milestones announced represent BP’s confidence in T&T and commitment to deliver over the short to long-term. He said: “We remain committed to being the best stewards of our acreage and to ensuring that Trinidad and Tobago benefits from our investments here. We will continue to invest in our people, in our technology and in our operations to sustain production and to actively participate in the broader development of the country.”

Note to editors:
BPTT operates in 904,000 acres off Trinidad’s east coast. BPTT has 14 offshore platforms and two onshore processing facilities.

Further information:
Danielle Jones, bpTT: +1 868 497-4747
Luis Araujo, bpTT: +1 868 793-3374 

– ENDS –

"We remain committed to being the best stewards of our acreage and to ensuring that T&T benefits from our investments here."