Seatrium secures deepwater contract for bp’s Kaskida project in U.S. Gulf of Mexico

(WO) – Seatrium Limited has been awarded a Letter of Intent (LOI) by bp Exploration & Production Inc. (bp) to carry out early engineering works for engineering, procurement, construction and commissioning work for bp’s Kaskida Floating Production Unit (FPU) project in the U.S. Gulf of Mexico. 

The Kaskida project is a greenfield development 250 miles southwest of New Orleans, in the Keathley Canyon area of the Gulf of Mexico. Comprising a single topside module supported by a four-column semi-submersible hull, the Kaskida FPU is supported by subsea production wells located in a water depth of approximately 6,000 ft. 

William Gu, Executive Vice President, Oil & Gas (International) of Seatrium, said, “We are pleased to secure the Letter of Intent with bp for the Kaskida development. This award reflects our expertise and successful track record of delivering complex FPUs. Over the years, Seatrium has established itself as the market leader in EPC projects for FPUs. We look forward to the opportunity to contribute to the success of the Kaskida project."