SLB: contract for OneSubsea in Gulf of Mexico
(CercleFinance.com) - SLB announces the award by bp of a contract to its joint venture OneSubsea, for a subsea pressure relief system as part of the development of the deepwater Kaskida project in the US Gulf of Mexico.
This contract marks the latest step in the long-standing relationship between SLB OneSubsea and bp, and is the first engineering, procurement and construction (EPC) contract for a subsea booster system between the two companies.
It includes a high-pressure subsea pump solution, with an integrated power and control umbilical, and associated surface equipment. It will enable accelerated recovery of reserves with minimal energy consumption.
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