BP Eyes FID for Trinidad's Calypso Deepwater Gas Field by 2025

BP plc (BP) anticipates that the Calypso deepwater natural gas field, located offshore Trinidad and Tobago, will receive approval for its final investment decision (FID) as early as the end of 2025, per a Reuters report.BP, which holds a 30% stake in the Calypso discoveries, had previously projected that the FID could be made in 2026. However, David Campbell, the head of BP's Trinidad and Tobago operations, revealed that the company is expediting the process, working through the capital value process and gr ...