Senegal - Mauritania: BP in talks to accelerate work on GTA Project FLNG

BP is in discussions with Golar LNG to accelerate the commissioning of the Gimi floating LNG (FLNG) vessel as part of the Greater Tortue Ahmeyim (GTA) project located offshore Senegal and Mauritania. This effort is aimed at bringing forward the first export date for the project, which has been plagued by budget overruns and delays.

The Gimi FLNG vessel has been ready for commissioning since the end of February. However, the start of these critical operations has been postponed due to technical problems with GTA's floating production, storage and offloading (FPSO) vessel.

Complex challenges hamper project progress

The GTA project has encountered a series of setbacks, including technical problems, cost overruns and the impact of the COVID-19 pandemic. Delays to the FPSO have further complicated the project schedule, as this vessel is essential for processing and storing the gas produced by the offshore field before it is transferred to the Gimi FLNG vessel for liquefaction and export.

Accelerating commissioning to reduce delays

To address the delays, BP and Golar LNG are exploring options to accelerate work on commissioning the Gimi FLNG vessel. This could include hiring additional personnel and resources to complete the inspections, tests and preparations necessary for the vessel to begin receiving gas from the FPSO.

The companies are also assessing the potential impact of accelerating the commissioning process on the overall project schedule. While accelerated construction could enable a faster start-up of LNG production and exports, it could also present risks in terms of the safety and reliability of the FLNG vessel.

Implications of the GTA project for industry

The GTA project is a significant development for the West African energy sector, with the potential to transform the region into a major gas producer. However, the project's challenges highlight the complexities and risks associated with large-scale offshore developments in frontier regions.

The success of the GTA project is also crucial for BP and its partners, as it represents a significant investment in the company's gas portfolio. Delays and cost overruns on the project have already caused concern among investors, and further setbacks could have a negative impact on BP's financial performance.

Future prospects

BP and Golar LNG remain committed to the successful completion of the GTA project, despite the difficulties encountered. The companies are actively working to resolve the FPSO's technical issues and accelerate the commissioning of the Gimi FLNG vessel.

The outcome of these efforts will have significant implications not only for the GTA project, but also for the wider West African energy landscape.