Singapore-based shipyard group Seatrium has obtained a contract for engineering, procurement, construction and onshore commissioning work for BP Exploration and Production, the company announced today in a regulatory filing.
Details such as the value of the contract were not disclosed.
The work will be for BP’s Kaskida Floating Production Unit (FPU) in the Gulf of Mexico.
The Kaskida project is a greenfield development located 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 feet.
The Kaskida FPU has the capacity to produce 80,000 barrels of crude oil per day from six wells in the first phase of development.
The topsides for Kaskida will be integrated and lifted to the hull using Seatrium’s game-changing Goliath twin cranes with a combined lifting capacity of 30,000 tonnes.
“We are fully committed to successfully executing the project and delivering the Kaskida FPU safely and on time, marking our fourth successful FPU project for the region,” said William Gu, Executive Vice President, Energy (International) of Seatrium.
Following the announcement Seatrium’s share price on Tuesday inched up 3 cents to SGD1.96 ($1.44) per share from Monday’s close.
