ConocoPhillips has discovered Jasmine in 2006 and is the operator with 36.5% interest, while Eni and BG Group holds 33% and 30.5% stake respectively.
The gross production capacity of the Jasmine facility is 140,000 barrels of oil equivalent per day (BOED), and plans to increase net production to around 40,000 BOED in 2014.
The development of triple-jacket Jasmine includes a 24-slot wellhead platform with a bridge-linked accommodation and utilities platform, a six-mile 16in multi-phase pipeline bundle and a riser and processing platform bridge-linked to the existing Judy platform.
ConocoPhillips exploration and production executive vice president Matt Fox said the startup of Jasmine represents another important milestone for the company and build upon the successful startup of Ekofisk South in Norway and Christina Lake Phase E oil sands project in Canada.
"Jasmine is one of several major growth projects that will contribute to ConocoPhillips’ 3 to 5 percent production growth rate through 2017," Fox added.
ConocoPhillips had operations and activities in 29 countries, and proved reserves were 8.6 billion BOE as of 31 December, 2012.
