BpTT: Cypre project produces first gas

Bp Trinidad and Tobago (bpTT) has confirmed that its Cypre development has safely delivered its first gas.

In a release on April 3, bpTT said Cypre is one of its ten major projects expected to start up worldwide between 2025 and 2027. It is part of the energy giant's reset strategy to grow upstream.

"Production from Cypre will make a significant contribution towards the 250,000 barrels of oil equivalent per day (boed) combined peak net production expected from these ten projects," bpTT said.

Cypre is bpTT’s third subsea development. It will comprise seven wells tied back into bpTT’s existing Juniper platform.

At peak, it is projected to deliver around 45,000 boed (approximately 250 million standard cubic feet of gas a day), the release said.

The first phase of the development – four wells – was completed at the end of 2024. The second phase is expected to commence in the second half of this year.

William Lin, bpTT's executive vice president of gas and low carbon energy said the company’s focus was on consistent execution and safe delivery of major projects like Cypre.

"The second of ten major projects across our global portfolio that we expect to start up by 2027, Cypre is also the first of a series of projects we will be bringing online in Trinidad to deliver gas to the nation and add value for bp."

David Campbell, bpTT's president said Cypre is another key milestone in bpTT's strategy to maximise production from its shallow water acreage using existing infrastructure.

"The project not only reinforces our commitment to maintaining production but also plays a crucial role in satisfying our existing gas supply commitments.

"Cypre represents a significant investment in the country's energy sector. We are proud to be part of this journey and look forward to continuing our collaboration with government and other stakeholders to unlock TT’s energy future."

The release said Cypre is bp’s second major start-up of 2025, following the start of production from the second development phase of the Raven field, offshore Egypt.

It said the project meets bp's expected returns from upstream projects and is fully accommodated within bp’s capital expenditure plans.