Oil & Gas News

SBM Offshore Signs Installation Contract for bp’s Kaskida Project

SBM Offshore USA, (SBM Offshore) Inc. has signed a contract with BP Exploration and Production Inc (bp) for the wet tow and installation of the Kaskida semi-submersible Floating Production Unit (FPU).

The Kaskida field is a greenfield Paleogene development located approximately 250 miles southwest of New Orleans, in the Keathley Canyon area in the deepwater US Gulf.

The contract highlights SBM Offshore’s unique competence in deepwater moorings and installation, building on our 50+ experience in worldwide offshore installation activities, with more than 150 floating systems installed worldwide, among which 45 FPSOs installed in deep water.

Olivier Icyk, Chief Business Officer, commented: “SBM Offshore’s commitment to excellence and innovation in the offshore industry is highlighted by this project, paving the way for future growth for our installation activities. Our pioneering spirit and deepwater expertise have been key differentiators in securing this contract.”

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