Subsea Integration Alliance has been awarded a contract to support the development of BP’s Cypre gas field offshore Trinidad and Tobago, which will be connected to BP’s Juniper platform.
Subsea Integration Alliance is an unincorporated global strategic alliance between Subsea 7 and OneSubsea, the subsea technologies, production and processing business of SLB (formerly Schlumberger).
Announcing news of the Cypre contract on Friday, Subsea 7 said the scope of the contract awarded by the Subsea Integration Alliance was substantial. That means its revenue share is between $150 million and $300 million.
The scope of Subsea 7 covers the concept and design, engineering, procurement, construction and installation of a two-phase liquid natural gas connection to the Juniper platform through two pipelines hoses and a collector collection system, as well as surface improvements.
Design, engineering and project management will begin immediately at Subsea 7’s US offices. Offshore installation is scheduled for 2024.
Craig BrossardVice President of Subsea 7 US, said, “We have worked closely with BP and our suppliers early on to help develop and deliver an integrated SPS and SURF solution that optimizes cost and efficiency, to accelerate the first gas.
Olivier Blaringhem, CEO of Subsea Integration Alliance, said: “BP’s Cypre project is an excellent example of our ability to leverage the key strengths of the Subsea Integration Alliance; Subsea 7 with its expertise in the execution of complex EPCI projects and the accelerated distribution of subsea production systems from OneSubsea. Combined, we provide a refined solution that allows for an early first gas. »
On September 24, BP announced that it was pursuing development of Cypre, its third subsea gas development in Trinidad and Tobago, which is expected to begin drilling next year with first gas expected in 2025. The project should have seven wells and subsea shafts and be connected to BP’s Juniper platform, via two new 14 kilometer flexible pipes.
The Cypre gas field is located 78 kilometers off the southeast coast of Trinidad, in the East Mayaro Block, at a water depth of approximately 80 meters. At most, the development is expected to deliver an average gas production of 250 to 300 million standard cubic feet per day (mmscfd). Production from Cypre will be used to satisfy BP’s existing gas supply commitments.
The Cypre development will access power from Juniper, eliminating the need for additional power generation, allowing generation to be added without increasing BP’s operating emissions.
©BP
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