The highlight was the start of seven major projects on time and under budget. The first phase of development is being fast-tracked, with completion achieved late 2017 - (40 mboed peak annual average production, net to BP). Persephone, Australia - A 7km subsea development to extend the plateau of the world class North West Shelf Project - (8 mboed peak annual average production, net to BP). Trinidad Onshore Compression - The facility will increase gas production from low-pressure wells in BP Trinidad and Tobago’s existing acreage in the Columbus Basin - (35 mboed peak annual average production, net to BP). West Nile Delta, Taurus/Libra Egypt - Taurus and Libra are the first two offshore gas fields in the five-field West Nile development, which will enable BP and its partners to accelerate gas production commitments to Egypt - (80 mboed peak annual average production, net to BP).

Source: Forbes May 27, 2018 18:22 UTC