New President of bp Trinidad and Tobago (bpTT), David Campbell made his first public address to the members of the Energy Chamber at the Conversations on Energy and the Economy - a networking event hosted by the Energy Chamber.
Campbell recently joined bpTT after having spent the last 8 years in the position of president bp Russia. He has been with bp for 38 years in different commercial, operational and technical leadership roles.
He has now been in the role for about a month and at the event he indicated his appreciation for the long history that the country has had in energy and the crucial role that organizations such as the Energy Chamber have played in the development of the Trinidad and Tobago energy sector.
He reminded the membership that energy “remains the lifeblood of the T&T economy and, we collectively have an important responsibility to make this industry the best that it can be. That means running competitive and efficient businesses today and anticipating both the challenges and opportunities that the global energy transition will bring in the future. That future is not that far off and while we can take some comfort that gas will continue to play an important role for decades to come, I think none of us want to be left behind as energy markets evolve.”
He added since he started officially, he has met energy sector colleagues, members of the Government and had a chance to talk with bpTT staff and contractors.
In addition, he shared some of bpTT’s current activities.
Campbell said that the company spud the first well of the current drilling programme. This programme targets resources close to existing platforms and once successful, they will be able to bring on production by the end of this and into early 2023, as the targets are close to existing infrastructure and can be easily tied into the current production infrastructure.
He added that they were in the final stages of commissioning the Cassia C development. This project will use compression to access low pressure resources in the Greater Cassia area and at peak is expected to produce 200-300 mmscfd. Campbell also said that “ We are investing in renewing our infrastructure, replacing two of our key pipelines and we have upgraded our Beachfield gas receiving facilities and our liquids processing facilities at the Galeota terminal”.
He reminded that the Cypre project had recently been commissioned and they also recently signed a new gas contract with the National Gas Company of Trinidad and Tobago to secure the future domestic gas supply for T&T for the coming years. In addition, he spoke about the deepwater blocks which were jointly bid on with Shell.
In closing, Mr Campbell said “There’s a lot to be done, but, with the experience in this room and across the industry I am confident that T&T’s energy sector is in good hands.”