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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.60 | 0.11% | 523.10 | 523.90 | 524.10 | 530.60 | 521.00 | 524.20 | 57,603,258 | 16:35:07 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Petroleum Refining | 211.6B | 15.24B | 0.8934 | 5.87 | 89.38B |
From Apr 2021 to Apr 2024
By Joe Hoppe
BP PLC said Monday that its Matapal project offshore Trinidad has safely achieved first gas, ahead of schedule and under budget despite coronavirus-pandemic-driven constraints.
The British energy company said that Matapal--BP Trinidad and Tobago's second subsea development--is comprised of three wells, with initial production expected to be in the range of 250 million to 350 million standard cubic feet of gas a day, once all wells are full ramped up.
Fabrication work on Matapal first began in 2019, requiring modification to the existing Juniper platform on the site as well as construction and installation of new subsea equipment.
"We are committed to a strong energy future in Trinidad and Tobago and this project plays a critical role in delivering that," BP Trinidad and Tobago President Claire Fitzpatrick said.
Write to Joe Hoppe at joseph.hoppe@wsj.com
(END) Dow Jones Newswires
September 20, 2021 08:35 ET (12:35 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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