TechnipFMC has been awarded a “substantial” integrated engineering, procurement, construction, and installation (EPCI) contract by supermajor BP for its deepwater Kaskida development in the Gulf of Mexico. According to the contractor, it defines a substantial award as one valued between $250 and $500 million.
The contract covers the design and manufacture of subsea production systems, including 20,000-psi (20K) standardized subsea trees and manifolds. The scope also includes the design, manufacture, and installation of subsea umbilicals, risers, and flowlines.
The award follows an integrated front-end engineering and design (FEED) study by TechnipFMC.
“Our innovative high-pressure solutions are key to helping unlock the most economically attractive opportunities in the Paleogene. Kaskida is our latest EPCI project with BP and is emblematic of our longstanding collaboration,” said Jonathan Landes, president, subsea for TechnipFMC. “Through early engagement, we’re leveraging the breadth of our technological and integration capabilities to help bp successfully deliver Kaskida.”
BP took final investment decision (FID) on Kaskida earlier this summer. The development plan calls for a floating production unit (FPU) capable of producing 80,000 BOPD from six subsea wells in around 6,000 ft of water. In June, BP announced that Seatrium had been awarded a letter of intent to carry out certain early engineering works pending the finalization of a definitive contract for engineering, procurement, construction (EPC), and commissioning work for the Kaskida FPU.
In August, BP tapped Audubon Engineering for the EPC work for topsides engineering and design related to the Kaskida host. The topsides will sit on an Exmar-designed hull.
“Our entire team is thrilled to contribute to Kaskida,” said David Robison, Audubon CEO at the time of the award. “This project represents an opportunity for Audubon to showcase our engineering proficiency and agility for one of the most significant oil and gas plays in US history.”
BP management has said that the overall cost for the Kaskida development is expected to come in under $5 billion.
First oil from the field is slated in 2029.
BP has said that the Kaskida FPU will be the blueprint for future development hosts in the region. It is expected that the supermajor’s Tiber discovery—another 20k find—will utilize a similar facility. BP is expected to reach FID on Tiber in 2025.
Kaskida is located in Keathley Canyon Block 292 and the initial phase of development is expected to produce around 275 million BOE. BP operates Kaskida and holds 100% working interest in the project.
