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Home›Business & Finance›SLB OneSubsea hired to ‘accelerate full potential’ of BP’s deepwater project
Business & Finance

October 29, 2024 · about 1 year ago

SLB OneSubsea hired to ‘accelerate full potential’ of BP’s deepwater project

OneSubsea, a subsea technology and solutions joint venture (JV) backed by SLB, Aker Solutions and Subsea7, has secured a subsea boosting contract with UK’s energy major BP for a deepwater project in the U.S. Gulf of Mexico. The contract for the Kaskida project is the first engineering, procurement a

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SLB OneSubsea hired to 'accelerate full potential' of BP's deepwater project

OneSubsea, a subsea technology and solutions joint venture (JV) backed by SLB, Aker Solutions and Subsea7, has secured a subsea boosting contract with UK’s energy major BP for a deepwater project in the U.S. Gulf of Mexico.

The contract for the Kaskida project is the first engineering, procurement and construction (EPC) contract for a subsea boosting system between SLB OneSubsea and BP, and adds to the long-standing relationship between the two.

OneSubsea’s scope includes a supplier-led, high-pressure subsea pump solution complete with an integrated power and controls umbilical, and associated topside equipment.

According to the company, the subsea boosting system will supply the required artificial lift needed to maximize production through the accelerated recovery of reserves with minimal energy consumption.

“We’re 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” said Mads Hjelmeland , CEO of SLB OneSubsea. “Our subsea boosting system will accelerate and maximize the immense potential for this development.”

BP said that Kaskida will be its first development in the Gulf of Mexico to produce from reservoirs requiring well equipment with a pressure rating of up to 20,000 pounds per square inch.

After hiring Audubon Engineering and Exmar Offshore to handle the engineering and design of the topside and hull for the floating production unit (FPU), BP handpicked ABS to support the deepwater project by providing classification and engineering verification services for the new semi-submersible production unit.

Singapore’s Seatrium was selected to undertake early engineering works for the newbuild FPU, while TechnipFMC will cover the design and manufacture of subsea production systems, including 20,000 psi (20K) standardized subsea trees and manifolds, and the design, manufacture, and installation of subsea umbilicals, risers, and flowlines for the project, with Enbridge delivering crude oil and natural gas pipelines.

BP and OneSubsea announced their collaboration on a number of projects this year. Namely, the UK energy giant in July gave an engineering, procurement, construction, and installation (EPCI) contract to Subsea Integration Alliance, a strategic alliance between OneSubsea and Subsea7, for the subsea pipelines (SURF) and production systems (SPS) for an oil and gas field in the North Sea.

A couple of months later it was reported that BP and the Subsea Integration Alliance signed a deal that forms a platform that will allow them to combine subsea expertise much more effectively across a portfolio of future projects.

Following a competitive tender, OneSubsea was also recently appointed by Brazil’s state-owned energy giant Petrobras to deliver the full subsea equipment scope for a deepwater project in the Campos Basin off Brazil.

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