bp’s GTA LNG Project Reaches Crucial Milestone with FLNG Vessel’s Arrival

bp’s GTA LNG Project Reaches Crucial Milestone with FLNG Vessel’s Arrival

(IN BRIEF) The floating liquefied natural gas (FLNG) vessel for the Greater Tortue Ahmeyim (GTA) LNG project, operated by bp and partners, has reached its destination on the maritime border of Mauritania and Senegal. This vessel, named Gimi, is a pivotal element of the GTA Phase 1 development, expected to produce around 2.3 million tonnes of LNG annually. Its successful arrival signifies a significant step forward in the project, aiming to establish Mauritania and Senegal as key players in the global LNG market.

(PRESS RELEASE) LONDON, 15-Feb-2024 — /EuropaWire/ —  bp (LON: BP), a British multinational oil and gas company, announces that the Greater Tortue Ahmeyim (GTA) LNG project achieved a significant milestone as the floating liquefied natural gas (FLNG) vessel, Gimi, arrived at its destination on the maritime border of Mauritania and Senegal. As a core component of the project, operated by bp in collaboration with partners Kosmos Energy, PETROSEN, and SMH, this marks a crucial step towards realizing our shared vision for sustainable energy development in the region.

Emil Ismayilov, bp’s senior vice president for Mauritania and Senegal, commended the safe and successful arrival of the FLNG vessel, stating “The successful and safe arrival of the FLNG vessel is another step forward for GTA Phase 1 and is testament to our team and partners’ commitment to safely delivering this project. The people behind the project have delivered through many challenges, including the pandemic, to orchestrate a major feat of engineering. We are fully focused on safely completing the project and beginning a new energy chapter in Mauritania and Senegal.”

The GTA Phase 1 project, with its anticipated production of approximately 2.3 million tonnes of LNG annually, underscores bp’s commitment to advancing cleaner energy solutions while fostering economic growth and development in the region. This project represents a significant investment in the future of Mauritania and Senegal, positioning them as key players in the global LNG market.

At bp, we are proud to lead this transformative project, which involves extracting gas from deep-water reservoirs and transporting it through a sophisticated subsea system to the FLNG vessel at the GTA Hub. With the completion of this critical infrastructure, we are poised to begin processing and liquefying the gas, readying it for export to international markets.

The arrival of the Gimi FLNG vessel, after an impressive journey from Singapore covering 9000 nautical miles, underscores our commitment to operational excellence and project delivery. As we move forward, bp remains focused on upholding the highest standards of safety, environmental stewardship, and community engagement, ensuring that the GTA project delivers lasting benefits to all stakeholders involved.

About bp

bp’s purpose is to reimagine energy for people and our planet. It has set out an ambition to be a net zero company by 2050, or sooner and help the world get to net zero, and a strategy for delivering on that ambition. For more information visit bp.com.

Further information

Contacts

bp press office, London: +44 7831 095541, +44 7919 217511, bppress@bp.com

Cautionary statement

In order to utilize the ‘safe harbor’ provisions of the United States Private Securities Litigation Reform Act of 1995 ‎‎(the ‘PSLRA’), bp is providing the following cautionary statement. This press release contains certain forward-‎looking statements – that is, statements related to future, not past events and circumstances – which may relate to ‎one or more of the financial condition, results of operations and businesses of bp and certain of the plans and ‎objectives of bp with respect to these items. These statements are generally, but not always, identified by the use ‎of words such as ‘will’, ‘expects’, ‘is expected to’, ‘aims’, ‘should’, ‘may’, ‘objective’, ‘is likely to’, ‘intends’, ‎‎‘believes’, ‘anticipates’, ‘plans’, ‘we see’ or similar expressions. Actual results may differ from those expressed in ‎such statements, depending on a variety of factors including the risk factors set forth in our most recent Annual ‎Report and Form 20-F under “Risk factors” and in any of our more recent public reports.

Our most recent Annual Report and Form 20-F and other period filings are available on our website at www.bp.com, ‎or can be obtained from the SEC by calling 1-800-SEC-0330 or on its website at www.sec.gov.‎

SOURCE: BP p.l.c.

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