bp Trinidad and Tobago (bpTT) has sanctioned the Ginger gas development and achieved exploration success at the Frangipani well.
These developments align with bp’s strategy to expand its oil and gas business, a release stated on Thursday.
The Ginger project, bpTT’s fourth subsea initiative, will consist of four subsea wells connected to the existing Mahogany B platform.
Scheduled to produce its first gas by 2027, Ginger aims to contribute to bp’s portfolio of major projects set to launch between 2025 and 2027. At peak production, it is expected to deliver 62,000 barrels of oil equivalent per day, the release stated.
Alongside the upcoming Cypre gas project, Ginger reflects bpTT’s focus on maximizing production from existing resources and developing cost-efficient projects tied to current infrastructure. The project aligns with bp’s capital expenditure plans and return expectations, leveraging previous subsea project insights for efficient execution.
The Frangipani exploration well uncovered multiple gas reservoirs in the same geological structure. bpTT, holding a 100% interest in both projects, is evaluating options to expedite the Frangipani discovery’s progress.
David Campbell, bpTT president, expressed pride in these achievements, highlighting Frangipani’s role in unlocking new fields and investment opportunities and Ginger’s commitment to resource development crucial for Trinidad and Tobago and global needs.
Ginger is situated about 50 miles off Trinidad’s southeast coast in shallow waters, while Frangipani is located east of the Mahogany field. Drilling on Ginger began in January and will resume later this year.
These developments in Trinidad coincide with bp’s offshore successes in Egypt, including recent gas discoveries and production advancements, underscoring bp’s global growth strategy.