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BP Trinidad & Tobago (BPTT): Strategic decision-making in local supply chain development

09/08/2019

Being Local content a major priority of the Trinidad and Tobago Government, which aimed to maximize the level of participation of its national people, enterprises, technology and capital through the development and increasing use of locally-owned businesses, BPTT needed a huge investment in expansion to develop a series of new offshore platforms: Cannonball, Mango and Cashima.

To support local content, BPTT considered a strategy to the design and construction of these platforms to be valuable opportunities for building competitive local engineering and fabrication capacities. This was a challenging decision in the initial instance, because the local fabrication would incur in a high premium of $10 million in a total cost $54 million relative to international fabrication and it was necessary to enhance local skill levels in engineering, design and fabrication to support local participation.

BPTT facilitated local fabrication by supporting the creation of two Joint Ventures. One was for engineering and construction management with Fluor Corporation and Summit. The second was for fabrication with Trinidad Offshore Fabricators Co. Ltd. (TOFCO), a JV of Chet Morrison Contractors and Weldfab Limited. Both JVs provided the means to develop local capacities through both technical training and mentoring.

The benefits of the strategic approach for BPTT have been significant to the Trinidad and Tobago economy, overall: development of competitive local suppliers enabling them to win other contracts, Cost savings, BPTT staff capacity development, Local economic development and Stakeholder recognition.

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Project Specifications

Specifications Key Information
Sponsor
BP Trinidad & Tobago
Sponsor Activity
Energy
Technical partner
TOFCO & Weldfab
Technical Partner Activity
Consruction
Project Status
Closed
Country
Trinidad & Tobago
Province
Trinidad & Tobago
Town
Trinidad & Tobago
Budget
+$54 million
Key Numbers
+ 5 companies
Specifications Key Information
Program
Capacity Building
Beneficiary/Target
Supply Chain
Solution
Joint Venture
Key Words
Supply Chain, Joint Venture
Impact
Local Supply Chain Development
Sector Supported
Local Companies Development
Sector Supported Specifications
General
Source Picture
Key Date
2002 - 2022
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