bpTT jobs for more than 120
More than 120 nationals and local service providers will gain direct employment through maintenance work costing $50 million at oil and gas giant bpTT’s Cassia B facility this month.
The bpTT Cassia B complex has been operating 34.5 miles off the southeast coast of Trinidad for the past ten years. The Cassia hub is a manned facility, one of bpTT’s 13 offshore platforms and is designed to handle up to two billion standard cubic feet of gas per day.
BPTT has a planned turnaround for this facility this month, the company said in a statement from its Port of Spain office yesterday.
“Turnarounds, also known as TARs, are proactive, regularly scheduled maintenance activity for hydrocarbon processing facilities. This turnaround is necessary to ensure compliance with both industry and BP standards. The facility will be brought off line to conduct vessel inspections and upgrades to ensure the continued safety and reliability of the facility. BPTT will spend over $50 million on the turnaround,” the company said.
To ensure all contractors involved in the project understand the scope of work and BP’s rigorous safety standards, bpTT held a “Safety Village” event at the Hyatt Regency (Trinidad) hotel in Port of Spain on July 29 for all contractors who will work on the project.
Two-thirds of bpTT’s daily production goes through the Cassia facility. The Cassia work programme began on Tuesday.
It is expected that there will only be 15 days of material impact to gas supply during which time BP will be doing modifications to the facility to allow gas from its other installations to by-pass the Cassia hub. These modifications will significantly reduce the production impact of the remainder of the planned maintenance activity.
Fabrication of the by-pass systems will take place at the TOFCO yard in La Brea, the company said.
In another statement later yesterday, bpTT president Norman Christie said the energy company remained committed to paying all taxes and royalties to the government in a timely manner.
“Recent statements alleging that bpTT does not pay sufficient taxes or is late in making such payments are misleading and of significant concern. BPTT engages in an honest and constructive relationship with the Board of Inland Revenue based on the principles of trust and mutual respect,” Christie said.
BPTT has always worked closely with professionals from the Board of Inland Revenue (BIR) and Ministry of Energy and Energy Affairs to consistently ensure timely compliance of our financial commitments to the people and Government of Trinidad and Tobago. The positions taken in bpTT’s tax returns are supported by relevant law, the statement added.
In accordance with the existing tax laws, the BIR has six years within which to conduct an audit examination on a taxpayer’s tax returns.
In recent articles specific reference was made to the US$159 million tax payment made by BP in 2011 for the period 2001 to 2006, Christie said.
“That payment came at the end of the regular statutory assessment process which was conducted in an open and transparent manner. It is important to note that the sum represented approximately three per cent of the total taxes paid by bpTT during the period.”