SBM Offshore has secured a contract with BP Exploration and Production (bp) for the wet tow and installation of the Kaskida semi-submersible floating production unit (FPU) in the deep-water US Gulf.
The Kaskida field, located approximately 250 miles (402.3km) south-west of New Orleans in the Keathley Canyon area, is a greenfield Paleogene development.
Go deeper with GlobalData
The contract underscores SBM Offshore’s expertise in deep-water moorings and installations, leveraging more than 50 years of experience and more than 150 floating systems installed globally, including 45 floating production storage and offloading units in deep water.
SBM Offshore chief business officer Olivier Icyk said: “SBM Offshore’s commitment to excellence and innovation in the offshore industry is highlighted by this project, paving the way for future growth for our installation activities.
“Our pioneering spirit and deep-water expertise have been key differentiators in securing this contract.”
Last month, SBM Offshore confirmed that ExxonMobil Guyana has awarded contracts for the Whiptail development project offshore Guyana.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataThe scope of the contracts includes the construction and installation of the FPSO vessel Jaguar for the project, which is located in the Stabroek block. SBM Offshore will transfer ownership of the FPSO to ExxonMobil Guyana before its installation in Guyana.
Recently, SBM Offshore has also been tasked with constructing a floating storage and offloading (FSO) unit for the Trion deep-water oil project in the Gulf of Mexico.
The company will build and lease the FSO for a period of 20 years to Woodside Petróleo Operaciones de México, a subsidiary of Woodside Energy.
The FSO unit will be based on a Suezmax-type hull, equipped with a disconnectable turret mooring system designed by SBM Offshore.
It will be moored at a water depth of around 2,500m and have the capacity to store approximately 950,000 barrels of crude oil.
