SBM Offshore signs installation contract for bp’s Kaskida project in US Gulf

SBM Offshore has signed a contract with BP Exploration and Production Inc (bp) for the wet tow and installation of the Kaskida semisubmersible 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. bp issued the FID for Kaskida last July. 

Late last year, bp selected Seatrium to perform engineering, procurement, construction and onshore commissioning work for the Kaskida FPU. Kaskida’s design calls for a single topside module supported by a four-column semisubmersible hull.

SBM says that the contract highlights its “unique competence in deepwater moorings and installation,” and builds on its 50-plus years of experience in offshore installation activities.

The Kaskida project is expected to be operational by 2029.