bp lets contract for Cypre gas project offshore Trinidad and Tobago

bp Trinidad and Tobago (bpTT) bp has let a tieback contract to Subsea Integration Alliance, a non-incorporated strategic global alliance between Subsea7 and SLB subsidiary OneSubsea, for the Cypre gas development project offshore Trinidad and Tobago.

bpTT confirmed in September that it would proceed with project development, which will include seven wells and subsea trees tied back into bpTT’s existing Juniper platform via two new 14 km flexible flowlines. Drilling is due to begin in 2023 and first gas is expected in 2025.  

Cypre gas field lies 78 km off the southeast coast of Trinidad within the East Mayaro block, in water depth of 80 m. At peak, the development is expected to deliver average gas production of 250-300 MMscfd. Production from Cypre will go towards satisfying bpTT’s existing gas supply commitments.

Subsea7’s scope covers concept and design, engineering, procurement, construction, and installation of a two-phase liquid natural gas tieback to the Juniper platform through dual flexible flowlines and a manifold gathering system, along with topside upgrades. OneSubsea will deliver subsea production systems.

Design, engineering, and project management will commence immediately at Subsea7’s offices in the USA, with offshore installation planned for 2024.

The contract’s shared revenue is between $150 million and $300 million, the service provider said in a release Nov. 18.

Cypre is 100% owned by bpTT, which is owned by BP (70%) and Repsol (30%).