Daily Newsletter

30 October 2024

Daily Newsletter

30 October 2024

SLB OneSubsea wins contract for bp’s Kaskida project in Gulf of Mexico

This contract represents the first engineering, procurement, and construction (EPC) agreement for a subsea boosting system between SLB OneSubsea and bp.

robertsailo October 30 2024

SLB OneSubsea has been awarded a contract by bp for a subsea boosting system in the greenfield development of the Kaskida project in the deep-water US Gulf of Mexico.

This contract represents the first EPC agreement for a subsea boosting system between SLB OneSubsea and bp, marking a significant milestone in their long-standing partnership.

The boosting system will include a high-pressure subsea pump solution with an integrated power and controls umbilical, in addition to associated topside equipment.

SLB OneSubsea CEO Mads Hjelmeland said: “We are delighted to expand our relationship with bp into the subsea processing domain, especially with such a critical delivery to bp’s first Paleogene field development.

“Our subsea boosting system will accelerate and maximise the immense potential for this development.”

The subsea boosting system by OneSubsea is a critical technology in bp's first Paleogene field development, designed to provide the artificial lift necessary to maximise production and accelerate the recovery of reserves with minimal energy consumption.

BP approved the Kaskida project in July this year, marking the company’s sixth operational hub in the Gulf of Mexico.

The project will include a floating production platform with a production capacity of 80,000 barrels of crude oil per day from six wells during the first phase. Production at the field is expected to start in 2029. 

In a recent development, SLB OneSubsea secured a contract from Petrobras for the supply of subsea production systems and services for two ultra-deep-water projects offshore Brazil.

The contract covers the continued development of the Atapu and Sepia oilfields in the Santos Basin, including the provision of pre-salt vertical trees, subsea distribution units, subsea control and pipeline systems configured to Petrobras standards.

Furthermore, SLB OneSubsea will be responsible for the installation, commissioning and life-of-field services for these systems.

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