BP Approves Key Mauritania Project

Good to its word, BP on 21 December approved Phase-1 development of the 15tcf Greater Tortue project on the Senegal/Mauritania maritime border.

BP is moving forward with development of the 15tcf Tortue field on the Mauritania-Senegal maritime border on the back of an intergovernmental agreement between the two countries. FID for the innovative, multi-phase project, one of the world’s first FLNG developments was announced on 21 December.

With BP also eying a second hub based on reserves of up to 60tcf at ‘Greater BirAllah’, 60km to the north in wholly Mauritanian waters, the developments will be transformational for the Mauritanian economy ( MEES, 14 December 2018 ).

RUSHED FID?

It is unclear whether all of the prerequisites that BP had previously sought before taking FID have actually been achieved: the major’s desire to hit its heavily-flagged-up end-2018 target may have taken precedence. (CONTINUED - 530 WORDS)