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AlwaysFree: BP And Partners Progress Concept For Greater Tortue Ahmeyim (GTA) Phase 2 To Next Phase Of Evaluation

Author: SSESSMENTS

According to the company’s website press release on February 27, 2023, bp and partners confirmed the development concept for the second phase of the bp-operated Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project that they will take forward to the next stage of evaluation. 

The partnership – composed of bp, PETROSEN, Société Mauritanienne des Hydrocarbures (SMH) and Kosmos Energy – will evaluate a gravity-based structure (GBS) as the basis for the GTA Phase 2 expansion project (GTA2) with total capacity of between 2.5-3.0 million tonnes per annum. 

GBS LNG developments have a static connection to the seabed with the structure providing LNG storage and a foundation for liquefication facilities.

“We aim to build on our strong collaboration with our partners, and the Governments of Mauritania and Senegal, to further develop a long-term, successful energy hub in West Africa. GTA continues to underpin our strategy to develop the most resilient hydrocarbons to help provide energy security today.”

Gordon Birrell, executive vice president for operations and production 

The concept design will also include new wells and subsea equipment, integrating with and expanding on existing GTA infrastructure. The partnership will consider powering LNG liquefication using electricity to help drive operational emissions lower. bp and its partners are now working with contractors to progress the concept towards the pre-FEED stage.

Gordon Birrell, bp’s executive vice president for operations and production, said: “We aim to build on our strong collaboration with our partners, and the Governments of Mauritania and Senegal, to further develop a long-term, successful energy hub in West Africa. GTA continues to underpin our strategy to develop the most resilient hydrocarbons to help provide energy security today.” 

GTA is located 120km offshore in water depth of 2850m, one of the deepest subsea developments in Africa. Phase 1 – currently under development - will export gas to an FPSO approximately 40km offshore where the gas will be processed and liquids separated, before exporting gas onward to floating LNG facilities 10km offshore. It is expected to produce around 2.3 million tonnes of LNG per year when operations commence.

In July 2021, the GTA project was granted the status of ‘National Project of Strategic Importance’ by the Presidents of Mauritania and Senegal. This recognition demonstrates the commitment of the host governments and the significance of the project to both countries. 

bp and the two Governments already have a long-standing and wide-ranging cooperation encompassing the GTA project and other potential energy developments. In October 2022, bp announced the signature of an exploration and production sharing contract for the BirAllah gas resource in Mauritania. In addition, bp continues to work with partners on the development of a major gas-to-power project in Senegal, Yakaar Teranga.   

Most recently, bp signed a memorandum of understanding (MoU) with the Government of Mauritania to deliver a programme exploring the potential for large-scale production of green hydrogen in the country.  

Contacts

bp press office, London: +44 20 7496 4076, bppress@bp.com 

Cautionary statement

In order to utilize the ‘safe harbor’ provisions of the United States Private Securities Litigation Reform Act of 1995 (the ‘PSLRA’) and the general doctrine of cautionary statements, bp is providing the following cautionary statement. This document contains certain forecasts, projections and forward-looking statements – that is, statements related to future, not past events and circumstances – with respect to the financial condition, results of operations and businesses of bp and certain of the plans and objectives of bp with respect to these items. These statements are generally, but not always, identified by the use of words such as ‘will’, ‘expects’, ‘is expected to’, ‘targets’, ‘aims’, ‘should’, ‘may’, ‘objective’, ‘is likely to’, ‘intends’, ‘believes’, ‘anticipates’, ‘plans’, ‘we see’ or similar expressions. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will or may occur in the future and are outside the control of bp. Actual results or outcomes, may differ materially from those expressed in such statements, depending on a variety of factors, including the risk factors discussed under “Risk factors” in bp’s most recent Annual Report and Form 20-F as filed with the US Securities and Exchange Commission and in any of our more recent public reports. 

Our most recent Annual Report and Form 20-F and other period filings are available on our website at www.bp.com or can be obtained from the SEC by calling 1-800-SEC-0330 or on its website at www.sec.gov.   

Tags: All Chemicals,All Products,AlwaysFree,English,Europe,United Kingdom,West Europe

Published on March 15, 2023 11:56 AM (GMT+8)
Last Updated on March 15, 2023 11:56 AM (GMT+8)