Energy giant SLB has announced a significant contract award from bp for its OneSubsea joint venture to deliver a subsea boosting system in the Kaskida project, a greenfield development in the deep waters of the Gulf of Mexico. The project represents a substantial step in bp’s first development within the Paleogene geological region, which contains some of the deepest hydrocarbon reserves in the Gulf, highlighting the continued collaboration between SLB OneSubsea and bp in expanding energy-efficient production solutions.
The awarded contract, focusing on engineering, procurement, and construction (EPC), centres on a high-pressure subsea pump system designed to improve extraction rates with reduced energy use. The OneSubsea subsea boosting system will provide essential artificial lift to accelerate oil recovery from the Paleogene reserves. The system will include a state-of-the-art power and control umbilical and integrated topside equipment, all engineered to manage the high-pressure demands of deepwater environments and maximise production.
The contract is a milestone in the relationship between SLB OneSubsea and bp, marking their first EPC contract for a subsea boosting system. The system is designed to efficiently extract hydrocarbons from the Kaskida field, a strategic asset for bp, while conserving energy during the production process. Known for its demanding pressure and operational requirements, the Paleogene field requires innovative technology to deliver consistent production.
Mads Hjelmeland, CEO of SLB OneSubsea, expressed enthusiasm for the venture, stating, “We’re delighted to expand our relationship with bp into the subsea processing domain, particularly with a project as critical as bp’s first Paleogene field development. Our subsea boosting system will accelerate and maximise the immense potential for this development.” The project represents a landmark for both companies as they continue to drive technological advances in deepwater energy extraction.
The Kaskida field, part of the Paleogene, lies in one of the most challenging environments within the Gulf, with reserves positioned at extreme depths. By integrating a supplier-led, high-pressure pump and power umbilical solution, the subsea boosting system aims to overcome these challenges, ensuring reliable artificial lift, and enhanced production flow, as well as enabling accelerated recovery of the field’s substantial reserves.
The OneSubsea technology is engineered to deliver a robust and efficient artificial lift, which will allow bp to optimise production with minimal environmental impact. Through its subsea boosting systems, SLB OneSubsea aims to set new industry standards for sustainable recovery, demonstrating how advanced technology can bridge the gap between high-energy-demand projects and lower carbon footprints.
This contract award aligns with bp’s strategy to develop complex offshore fields with an eye toward sustainable production. With subsea boosting systems gaining traction as a viable solution to enhance recovery in challenging fields, this partnership is set to drive more efficient deepwater operations, reflecting bp’s commitment to harnessing innovative energy solutions and SLB’s capacity for delivering high-performance subsea infrastructure.
This development will play a crucial role in the broader Gulf of Mexico energy sector, where advanced subsea technologies are increasingly essential for tapping into deep reserves, which remain key to long-term energy supplies. Find out more at slb.com.
