BP picks Aker Solutions for Cypre project support
- Business & Finance
Oilfield services company Aker Solutions has secured a contract to support the development of BP’s Cypre project, offshore Trinidad and Tobago.
The Cypre project is operated by BP Trinidad and Tobago, which is a partnership between BP and Repsol. The Cypre project’s aim is to develop the Macadamia gas discovery announced by BP back in June 2017.
As reported in June 2019, BP has been working on the development of a new concept for future platforms being piloted for the Cypre development. The project is targeting final investment decision in 2020.
Aker Solutions said on Tuesday that the contract would see the company deliver front-end engineering and design (FEED) for the first platform in a potential series of future assets within BP’s Trinidad and Tobago (BPTT) portfolio.
The award comes following the delivery of early phase studies by Aker Solutions’ team in London. The study will be completed in the summer of 2020.
The FEED could lead to a full EPC contract combining green- and brownfield scopes, which would be executed from Aker Solutions’ London, Aberdeen and Mumbai offices.
“We are excited to be expanding the collaboration with BP to develop the oil and gas resources in Trinidad and Tobago, which is a new region for us,” said Luis Araujo, chief executive officer of Aker Solutions.
“We will utilize our front-end engineering capacity to maximize the output and minimize the footprint of the project.”
“We believe the Cypre project will set a new standard in ‘minimum facilities’ platform concepts, combining technology and improved processes to achieve fully unmanned operations,” he added.
Unmanned facilities offer benefits to operators by reducing travel and CO2 emissions, as well as improving safety by removing permanent personnel offshore, Aker Solutions explained.
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