BP in Trinidad and Tobago gave the go-ahead to two new gas developments, Cassia compression and Matapal, offshore Trinidad, the company said on Dec. 14.
BP will build a new platform, Cassia C, and first gas from the facility is expected in third-quarter 2021.
Matapal will be a three-well subsea tieback to the Juniper platform. With production capacity of 400 million standard cubic feet of gas per day, first gas from Matapal is expected in 2022, BP said in a statement.
The study's findings raise the prospect of future discoveries in the area, which has been left untouched over 50 years of exploration activity in the North Sea, said the university.
Egypt expects investments of at least $750 million to $800 million in the first stage of exploration in the 12 concessions, Petroleum Minister Tarek El Molla said during a press conference.
Coal seam gas wells are turning out to be less productive than thought.