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Share Name Share Symbol Market Type Share ISIN Share Description
Bp Plc LSE:BP. London Ordinary Share GB0007980591 $0.25
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +7.70p +1.42% 549.30p 551.20p 551.40p 553.00p 541.80p 544.50p 71,470,055 16:35:23
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 238,179.2 15,195.5 11.0 49.6 111,798.05

BP Approves Two Offshore Gas Developments in Trinidad

14/12/2018 5:59pm

Dow Jones News


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By Adam Clark

 

BP PLC (BP.LN) said Friday it has sanctioned two new gas developments in offshore Trinidad, including the construction of its sixteenth offshore platform in the area.

The company said the new Cassia C platform will compress gas from the Greater Cassia Area, producing first gas in the third quarter of 2021.

Meanwhile, the new Matapal three-well project will develop gas resources discovered by BP in 2017 with its Savannah exploration well. Matapal will have a production capacity of 400 million cubic feet of gas a day, with first gas expected in 2022.

 

Write to Adam Clark at adam.clark@dowjones.com

 

(END) Dow Jones Newswires

December 14, 2018 12:44 ET (17:44 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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