SLB OneSubsea has secured an Engineering, Procurement, and Construction (EPC) contract from bp. This agreement tasks SLB OneSubsea with delivering a standardized subsea boosting system for bp’s Tiber project. The project is located in the deepwater Gulf of Mexico.
Contract Details and Scope
The EPC contract outlines SLB OneSubsea’s responsibility. It covers the engineering, procurement, and construction phases of the project. The company will provide a standardized subsea boosting system. This technology is crucial for optimizing production in challenging deepwater environments.
Focus on the Tiber Project
bp’s Tiber project operates in the deepwater Gulf of Mexico. This region presents unique operational challenges for energy extraction. The advanced subsea boosting system aims to enhance production efficiency and recovery rates under these conditions.
Expanding Paleogene Developments Collaboration
This award marks a significant milestone for SLB OneSubsea. It represents the second such contract tied to bp’s Paleogene developments. The company previously secured a similar award for bp’s Kaskida project, reinforcing their ongoing partnership.
Previous Collaboration on Kaskida
The Kaskida project also involved a subsea boosting system. This earlier collaboration demonstrated SLB OneSubsea’s capabilities in deepwater solutions. It highlights bp’s continued trust in the company’s technology for complex deepwater fields.
Strategic Importance for SLB OneSubsea
Securing these contracts reinforces SLB OneSubsea’s position. The company is a key provider of advanced subsea technology. This continued collaboration supports bp’s strategic deepwater development initiatives in the Gulf of Mexico.
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