Case Study: BP Trinidad And Tobago

Introduction

BP Trinidad and Tobago (bpTT), a BP Group member is the leading energy company in Trinidad and Tobago’s energy industry. Being the country’s largest energy producer, it operates a total of 14 offshore production platforms, which accounts for approximately 60% of the States oil and gas production. Approximately 65% of the natural gas produced is exported as LNG, with the majority going to the United States, while the rest is consumed through power generation, as fuel and other downstream industries locally. The company is of the firm belief that their ability to be a sustainable energy company they must develop all aspects of the local expertise for the petroleum industry, from exploration to platform design and construction and

Platform Purpose

Its main purpose was to extract natural gas and forward it through pipelines to Atlantic LNG’s train 4 and Pheonix Park Gas Processors. It was designed to process 1 billion CFD of natural gas. (Fluor.com, n.d.)

Construction Cost

The cost of construction for Cannonball platform was 1.5 billion US dollars with an overrun cost of 10 million US dollars. This overrun came as a result of the construction of the rig in Trinidad.

Construction Dates

February 2005 to December 2005. Although the construction date began later than anticipated the construction phase ended two weeks before the scheduled delivery date.

Commissioning and Production Date

Gas production from the facility began on Sunday, March 12, 2006. This late start in production from the time of completion was due to damages in the subsea pipeline which needed to be repaired. Platform

It is 35 miles south-east of the Galeota Point in a water depth of approximately 235 feet. The gas extracted at this site is exported through a subsea four-mile 26-inch diameter pipeline which is tied into the current Cannonball pipeline. The gas produced at both sites is then sent to the Cassia B gas processing hub (Energy-pedia.com, 2007). The gas received at the processing hub, the Cassia B, is then sent to the Beachfield facility on land where the gas is forwarded to Pheonix Park Gas Processors for separation and forward to various customers for use locally, in addition to that gas is also sent to the Atlantic LNG train 4 facility for export to international customers; mainly the