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Major milestone achieved for BP Tortue project

13/02/2018
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BP has this week confirmed that a key agreement between the governments of Mauritania and Senegal, which will enable the development of the BP-operated Tortue / Ahmeyim gas project to continue to move towards a final investment decision, has been signed by the two governments.
It is expected that a Final Investment Decision (FID) will be made on the BP Tortue project by the end of 2018.
(The Senegalese coast via Creative Commons).

The Inter-Governmental Cooperation Agreement (ICA) will enable the development of the Tortue / Ahmeyim project through cross-border unitisation, with a 50%-50% initial split of resources and revenues and a mechanism for future equity redeterminations based on actual production and other technical data.

Commenting on the signing of the agreement, Bernard Looney, BP Upstream chief executive said:

“This is an important milestone for this innovative gas project which reflects the strong, cooperative partnership between Mauritania and Senegal. We look forward to continuing to work with both countries and our partners, Kosmos Energy, Petrosen and SMHPM, towards a final investment decision.”

With the signing of the inter-governmental agreement Kosmos Energy believes that the FID for the project could be made by the end of 2018, with first gas being produced by 2021. “The innovative near-shore LNG concept being used for Tortue positions the development as one of the lowest cost green-field LNG projects in the world. We look forward to working with BP and our national oil company partners to continue the front-end engineering design process that will enable a final investment decision around the end of 2018,” said Andrew G. Inglis, Kosmos chairman and chief executive.

Located offshore Senegal and Mauritania the Tortue gas field holds significant recoverable resources, with some estimates placing the figure as high as 15 trillion cubic feet of gas.

To find out about the latest job opportunities with this project, register for free with Fircroft now.
Tags: Oil & Gas
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Doriano BASSOLI - notes about attitudes Career shared in both roles, as Client rep (PMC/IPMT rep) and Contractor rep (Project & Site Manager), large and medium projects, upstream, downstream, power generation and supply, gathering systems with pipelines, refineries and petrochemicals, marine export infrastructures such as Jetties (driven/drilled piling), prefabrication of modules, offshore platforms, prefabricated offshore buildings, loading arms, service road installation, interconnecting piping on modules and splicing of networks after modules installation with crane barge on piling top beams, marine pumping stations & metering systems, etc. Long experience in Brownfield/Greenfield activities, follow-up of interfaces in terms of areas & disciplines, supporter of the project controls by informing about all figures of efficiency against planned productivity, man-hours; contract/subcontract rep, all disciplines reps, logistic rep, any proactive daily action in order to obtain a reliable and consistent execution of the SOW. Strong technical/contractual problem solver, team builder during daily guidance of crews, engineers and logistic reps, all disciplines expertise, driving all operating meetings supporting team members, trainer of local content and team engineers. Attendance and chairman during all weekly meeting, of any kind, monthly review progress, definition for PRC dept of the contents for weekly/monthly reports. In various project substituting previous reps after Client’s instructions of recovery plans, implementation of Contractor’s productivity. I'm absolutely assuring the full Client's satisfaction while achieving all operating targets, in same time implementing as required our team, growing their skills and preparing for commissioning/handover phases. All activities will be coordinated, QA, HSE, instructions to project controls, contracts with correspondence preparation (buildup of the litigation file), site operations including morning briefings, all disciplines support, prefabrication and installations, brownfield and commissioning, meanwhile concerning areas of business any industrial infrastructures is included in my CV, upstream, pipelines, wellheads, pipelines, oil & gas initial process facilities, refineries and petrochemicals. Regards, Doriano +39 342 782 1099 Senior project engineering & construction manager Commissioning, startup, operations Brownfield, process upgrading, upstream, gathering systems and transmission lines, refineries & petrochemicals
Doriano, 21 February 2018
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Major milestone achieved for BP Tortue project - Time to read 2 min
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