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SLB OneSubsea awarded subsea boosting contract for bp鈥檚 Kaskida project in Gulf of Mexico

October 29, 2024

SLB today announced the award of a contract by bp to its OneSubsea joint venture for a subsea boosting system in the greenfield development of the Kaskida project in the deepwater U.S. Gulf of Mexico.

This award marks the latest milestone in the long-standing relationship between SLB OneSubsea and bp and is the first engineering, procurement and construction (EPC) contract for a subsea boosting system between the two companies. The project scope includes a supplier-led, high-pressure subsea pump solution complete with an integrated power and controls umbilical, as well as associated topside equipment.

鈥淲e鈥檙e delighted to expand our relationship with bp into the subsea processing domain, especially with such a critical delivery to bp鈥檚 first Paleogene field development鈥 said Mads Hjelmeland, CEO of SLB OneSubsea. 鈥淥ur subsea boosting system will accelerate and maximize the immense potential for this development.鈥

The OneSubsea subsea boosting system is a key technology within bp鈥檚 first Paleogene field development. It will supply the required artificial lift needed to maximize production through the accelerated recovery of reserves with minimal energy consumption, unlocking the full potential of the deepwater project.

About SLB OneSubsea

SLB OneSubsea is a joint venture backed by SLB, Aker Solutions, and Subsea7 headquartered in Oslo and Houston, with 10,000 employees across the world.听SLB OneSubsea leverages digital and technology innovation to optimize its customers鈥 oil and gas production, decarbonize subsea operations and unlock鈥痶he large potential of subsea solutions to accelerate the energy transition.

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