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Sunday, December 23, 2018
BP and partners have agreed on the FID for Phase 1 of the innovative cross-border Greater Tortue Ahmeyim development straddling the maritime border between Senegal and Mauritania. The decision was made following agreement between the Mauritanian and Senegalese governments and partners BP, Kosmos Energy and National Oil Companies Petrosen and SMHPM.
The Greater Tortue Ahmeyim project will produce gas from an ultra-deepwater subsea system and mid-water FPSO, which will process the gas, removing heavier hydrocarbon components. The gas will then be transferred to a FLNG facility at an innovative nearshore hub located on the Mauritania and Senegal maritime border. The FLNG facility is designed to provide circa 2.5 million tons of LNG per annum on average, with the total gas resources in the field estimated to be around 15 Tcf. The project, the first major gas project to reach FID in the basin, is planned to provide LNG for global export as well as making gas available for domestic use in both Mauritania and Senegal.
The parties will continue to finalize agreements and obtain final regulatory and contract approvals, following which Phase 1 of the development will move into a detailed design and construction phase, with award of engineering, procurement, construction and installation (EPCI) contracts. Project execution activities are expected to commence in Q1 2019. First gas for the project is expected in 2022. Following a competitive process involving all partners, BP Gas Marketing has been selected as the sole buyer for the investor partners’ LNG offtake for Tortue Phase 1.
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