BP Trinidad and Tobago (bpTT) has been given the go-ahead to build a mostly unmanned platform and accompanying subsea infrastructure 50 miles south-east of the republic's larger island.
Construction for the Juniper project, which will take gas from the Corallita and Lantana fields in waters approximately 360 feet deep, is scheduled to start in the last quarter of this year.
The energy giant's 14th offshore facility will include five subsea wells and will produce up to 590 million standard cubic feet of gas per day (mmscfd) from 2017.
Regional president Norman Christie said Juniper demonstrated his company's commitment to Trinidad and Tobago over the long-term: "This development is an important part of the future for bpTT because it will assist the company in meeting its natural gas commitments to the market. It is also an important step change for bpTT as it introduces subsea infrastructure to continue the development of its resources in the Columbus Basin."