News

BP Approves New Offshore Gas Facility in Trinidad and Tobago

By: Caribbean Journal Staff - August 16, 2014

Above: one of BP’s Trinidad platforms

By the Caribbean Journal staff

BP Trinidad and Tobago has approved a new offshore gas project called Juniper.

The project will include the construction of a “normally unmanned platform together with corresponding subsea infrastructure,” the company said in a release.

Work on the project is scheduled to begin in the fourth quarter of this year.

Juniper will take gas from Trinidad’s Corallita and Lantana fields, which are located about 50 miles off Trinidad’s southeastern coast.

Trinidad Energy Minister Kevin Ramnarine said the project would involve an investment of just over $2 billion USD.

The project will include five subsea wells and have a production capacity of about 590 million standard cubic feet per day.

The project will be BP’s 14th offshore production facility in Trinidad, with drilling slated to begin in 2015.

The company said the first gas from the facility was expected to come in 2017.

BP operates around 904,000 acres off of Trinidad’s eastern coast.

“The Juniper project will yield immediate and long term benefits for the people of the country by way of revenue generation and job creation,” Ramnarine said in a statement. “This is a very important project for the future of Trinidad and Tobago’s economy.”

Popular Posts

A.R. Carnegie, 74, Caribbean Legal Legend

A Caribbean Journal Editorial He was never a judge, never a Queen’s Counsel. His robes were never silk. But A. Ralph Carnegie was a Caribbean John Marshall if there ever was one. Ralph Carnegie, A.R. in scholarly texts, passed away […]


Robinson: Manatt Approached Government

Lackston Robinson, Jamaica’s Deputy Solicitor General, testified that it was the law firm Manatt, Phelps and Phillips, and not the Jamaican Government/Jamaica Labour Party, that made the first move to solicit a contract to lobby the White House, he told […]


IMF Back in Antigua on Performance Review

The International Monetary Fund has sent a team to Antigua for a third review of the nation’s performance on a stand-by arrangement with the IMF. According to the Ministry of Finance, the IMF team began the review Monday and will […]


Related Posts pepe margo

A Rum Movement Is Growing in Aruba 

Down a quiet street in an industrial quarter of downtown Oranjestad sits a century-old home with brown wooden shutters and a barrel out front.  It’s an area that has become an increasingly hip corner of Aruba, home to a growing […]


More Cruise Ships Are Coming to Trinidad

trinidad cruise ship

Trinidad is projecting a significant jump in cruise passenger traffic this season.  The island’s tourism officials say “all signs point” to major gains in traffic, with the season set to begin in October and run through April of 2024.  The […]


Fortress' $425 Million Hotel Rebuild in St Thomas

the peninsula

The iconic Frenchman’s Reef resort complex in the U.S. Virgin Islands was built in 1973 and was a beloved Caribbean resort before it was shuttered in 2017 due to the massive devastation caused by hurricanes Irma and Maria. After years […]


SUBSCRIBE!

Sign up for Caribbean Journal's free newsletter for a daily dose of beaches, hotels, rum and the best Caribbean travel information on the net.


No. Thank You