Wedoany.com Report-Apr. 7, BP PLC announced on Monday that the Cypre field, located 78 kilometers off Trinidad and Tobago’s southeast coast, has begun production. Situated in the East Mayaro Block at a water depth of approximately 80 meters, the field is wholly owned by BP Trinidad and Tobago LLC (BPTT), a joint venture with 70% ownership by BP and 30% by Repsol SA. At its peak, Cypre is expected to yield around 250 million standard cubic feet per day of gas, contributing to the nation’s energy supply.
The field, part of 10 projects that BP aims to start up between 2025 and 2027, is expected to deliver about 250 MMscfd of gas at peak.
Cypre marks one of 10 projects BP plans to launch between 2025 and 2027. According to a company statement: “Production from Cypre will make a significant contribution towards the 250,000 barrels of oil equivalent per day combined peak net production expected from these 10 projects.” As BPTT’s third subsea development, Cypre connects seven wells to the existing Jupiter platform. The first phase, completed by late 2024, included four wells, with the second phase set to start in the second half of 2025.
David Campbell, BPTT president, emphasized the project’s importance: “Cypre is another key milestone in bpTT’s strategy to maximize production from our shallow water acreage using existing infrastructure. The project not only reinforces our commitment to maintaining production but also plays a crucial role in satisfying our existing gas supply commitments.” He added: “Cypre represents a significant investment in the country’s energy sector.”
William Lin, BP’s executive vice president for gas and low-carbon energy, highlighted Cypre’s broader significance: “The second of 10 major projects across our global portfolio that we expect to start up by 2027, Cypre is also the first of a series of projects we will be bringing online in Trinidad to deliver gas to the nation and add value for bp.” In Trinidad and Tobago, BPTT manages 12 offshore platforms, three subsea installations, and two onshore processing facilities.
This year, Cypre follows the second phase of the Raven field offshore Egypt as BP’s second upstream project to come online. Raven’s phase two, part of the West Nile Delta project, is expected to produce up to 220 billion cubic feet of gas and 7 million barrels of condensate. Nader Zaki, BP president for the Middle East and North Africa, noted on February 16: “The focus of the Raven Infills project has been to fight natural decline and increase production while maximizing our existing infrastructure to meet Egypt’s domestic market demand at pace.”
The Cypre project focuses on gas production for Trinidad and Tobago’s domestic needs, distinct from export or import activities. By leveraging existing infrastructure, it enhances efficiency, supporting BP’s goal to optimize resources while meeting energy demands in the Caribbean nation.
