Statement on Angelin fabrication

April 5, 2017

While bpTT and the NGC continue to progress the completion of a gas sales agreement as a prerequisite to the sanction of Angelin, bpTT continues to pursue all options to maintain the project schedule and first gas goal of early 2019. This is a priority to ensure that gas supply volumes can be maintained in 2019 and beyond. 

BPTT remains fully committed to maximizing local content in all our operations however given the compressed project timelines and other competitiveness factors for the Angelin project local fabrication is no longer a feasible option.

Although the Angelin platform will not be fabricated in Trinidad, bpTT is committed to maintaining an option of fabrication in-country for future platforms and will be working with local service providers on key competitiveness factors such as productivity.

This decision although difficult, was necessary to preserve Angelin’s project schedule.

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