Tuesday, January 16, 2018

BG T&T has some major capital projects for 2014

Energy company BG T&T has a packed operating schedule for 2014.

At the Trinidad and Tobago Energy Conference in Port of Spain earlier this week, Gavin Goddard, president of the country’s second largest upstream producer of natural gas, said the company has some major capital projects planned for this year, including the completion of the Compression Project on the Hibiscus platform within the North Coast Marine Area (NCMA), involving the construction, tie-in and commissioning of a single train gas turbine driving a two stage gas compressor all within a single module. The project, designed to extend the field life of BG T&T’s north coast development also includes the associated brownfield modifications to the existing Hibiscus platform.

“The NCMA 4A compression project is on schedule for first gas in Q2 this year.

On the East Coast, we have our Starfish new field development project which was sanctioned in 2012 and which began drilling last year using the Ocean Lexington semi-submersible rig,” Goddard said on Tuesday at the conference held at the Hyatt Regency (Trinidad).

The company also anticipates further activity in its most mature asset, the East Coast Marine Area (ECMA), where and at the appropriate time infill drilling and offshore compression will be assessed for sanction.

“As we look into the future, we look forward to a continued presence in Trinidad and Tobago. Our current investments in field life extensions and new field development were designed to maintain and grow our production capabilities and offset existing well stock decline. Additionally following the completion of our 3D seismic programme we are now in the planning stages of an appraisal drilling campaign in Block 5c and an exploration campaign in Block 5d,” he added.

BG T&T also celebrates 25 years in Trinidad this year, and since then the company has invested US$7 billion in various projects, including a material shareholding in Atlantic with gas supply to Trains 2, 3 and 4 and corresponding LNG offtake arrangements.

“(We have) grown from operating one offshore platform in March 1996, our Dolphin platform off the east coast, with an initial production of 22 million standard cubic feet of gas per day to our current asset operating base of three offshore platforms and two onshore producing facilities producing more than one billion standard cubic feet of gas per day,” he said.