By Stephen Nakrosis 
 

Energy company BP PLC on Monday said Argos, a semi-submersible, floating production platform and the centerpiece of the company's Mad Dog 2 project, arrived in the U.S. after a 16,000-mile journey from South Korea.

The platform arrived at the Kiewit Offshore Services fabrication yard in Ingleside, Texas, BP said, adding that after work there is completed, the platform will be towed to the Gulf of Mexico. There, the platform will be installed about six miles from the original Mad Dog spar, BP said.

Argos will be BP's fifth operated platform in the Gulf, the company said. BP also said, "At peak, the facility will produce up to 140,000 barrels of oil equivalent per day through a subsea production system from 14 production wells," and added, "It will be connected to and export oil and gas through nearby existing pipeline infrastructure."

Mad Dog 2's startup is projected for the second quarter of next year, BP said.

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

April 12, 2021 11:41 ET (15:41 GMT)

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