Energy giant BPTT says it made good on its promises for 2017.
It promised to increase production and did just that.
“Compared to 2016, BPTT’s overall production grew by 15 per cent, and NGC specifically benefited from an 18 per cent increase in the floor established for volumes received from BPTT,” the company’s regional president Norman Christie reported to those attending last week’s Energy Conference, held at the Hyatt Regency.
He said the company also delivered on the promise to continue to invest heavily if the environment here remained attractive.
“Our capital expenditures exceeded US$1 billion last year. In fact, 2017 marked an important milestone because we completed the spend of US$6 billion in investments that we promised five years ago,” Christie highlighted.