BP group chief executive Bob Dudley said that the project was one of the operational highlights of the company for the year 2012.And that it would be one of the six high-margin projects the company expects to bring into production this year.

"I expect that the operational progress we are now making will deliver increasing financial momentum for BP as we move into 2013 and 2014," added Dudley.

With three deep water fields the Galapagos development increases BP’s capability from a key offshore production hub.

Isabela, Santiago and Santa Cruz are the three fields being produced with subsea equipment on the floor of the Gulf.

The output will be carried to nearby Na Kika host facility via the newly added production flowline loop.

BP will invest about $4bn in the Gulf of Mexico over the next ten years towards oil and gas development.

BP US Gulf of Mexico business regional president James Dupree said, "The Galapagos development marks another significant step forward for BP in the Gulf of Mexico, and reflects the potential we continue to see in this world-class basin, now and in the future." said