BP will increase its production and will inaugurate a platform in the Gulf of Mexico in 2022

the oil company BP expect to double the crude oil production of your project thunderhorse in the US part of Gulf of Mexico and inaugurate its last pumping platform by the end of the year, a company executive said on Monday.

The firm, which is committed to exploring and oil production Y gas “lower-carbon and cheaper” offshore in the Gulf, said the lack of oil investments around the world could cause a shortage of crude oil.

“More oil and gas in the Gulf of Mexico helps improve emissions globally,” said Starlee Sykes, BP senior vice president for Gulf of Mexico Y Canadaon the Offshore Technology Conference (OTC) in Houston.

“We will continue to explore for oil, especially near the current centers,” he added.

BP expects to produce about 200,000 barrels of oil equivalent (bpde) per day by the end of the year, from the current 100,000 bpd at its Thunder Horse project.

The company is also preparing to launch its fifth operated platform, Argos, this year, the centerpiece of its project. mad dog 2, of 9,000 million dollars, in the Gulf. The submersible platform is expected to increase BP’s oil production in that region by 25%, from 300,000 barrels per day (bpd).

Argos arrived in the Gulf at the beginning of the year, after delays caused by logistics during the pandemic and weather phenomena. Sykes declined to specify in which quarter production will begin.

In September, BP announced the commissioning of the expansion of phase 2 of Thunder Horse South to boost production at one of the largest fields in the Gulf of Mexico, and said a total of eight wells would be drilled to boost oil and gas output to about 400,000 bpd by the mid-2020s.

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