Start-up of BP’s Tortue LNG on the Mauritania/Senegal maritime border has been delayed by a year to 1H 2023. Minority partner Kosmos says the delay “is an inevitable consequence” of coronavirus-related restrictions impacting “time-critical workstreams, including the construction of the breakwater during the 2020 weather window.”

Kosmos was already pushing for a delay in order to conserve capital (MEES, 20 March). Its latest 8 April announcement flags the “significant reduction in budgeted spend in 2020.” BP, having decided last week to also slash capex, was likely happy to agree (MEES, 3 April). (CONTINUED - 239 WORDS)