26.7 C
Singapore
Wednesday, April 30, 2025
spot_img

BP awards EPCI contract to Subsea Integration Alliance for Trinidad offshore project

Must read

BP has awarded an engineering, procurement, construction and installation (EPCI) contract to Subsea Integration Alliance (SIA) for the Ginger project offshore Trinidad and Tobago.

It was awarded under a newly established global framework agreement between bp and SIA partners SLB OneSubsea and Subsea7.

This is considered to be a “substantial” contract by Subsea7.

Subsea7 terms a contract as substantial when it carries a value between $150m (£112.48m) and $300m.

Building on a history of collaboration, this agreement marks a shift towards a more integrated way of working – one that fosters system-wide optimisation through early stakeholder engagement and enhanced transparency.

It also introduces a new commercial model that aligns incentives across all stakeholders, ensuring accelerated progress and sustained value creation throughout the duration of joint projects, stated Subsea7.

Subsea7 senior vice-president for Gulf of Mexico Craig Broussard said: “This is a significant project for the region, and one which will benefit from decades of collaboration between bp, Subsea7 and SLB OneSubsea. Our combined expertise and efforts are focused on achieving bp’s goal of first gas in 2026.”

For the Ginger project, Subsea7 is tasked with providing a diver-installed tie-in system, a flexible production flowline and related infrastructure.

SLB OneSubsea’s contribution includes the delivery of four standardised vertical monobore subsea trees and tubing hangers, tailored for swift delivery and installation.

Additionally, SLB OneSubsea will provide what is claimed to be the region’s first high-integrity pressure protection system manifold, promising significant advancements in safety, efficiency and environmental benefits.

The Ginger development is located off the south-east coast of Trinidad at water depths of 90m.

Project management and engineering activities are set to commence immediately at Subsea7’s office in Houston, Texas, with offshore operations anticipated next year.

Subsea Integration Alliance CEO Olivier Blaringhem said: “This is an exciting and important project for our novel global framework with bp, which expands our EPCI collaboration to Trinidad and Tobago. Through the capability and agility of our partners Subsea7 and SLB OneSubsea, we provide key assets and expertise to create value for the long term and deliver the best possible total cost of ownership on the Ginger project.”

Recently, Subsea7 was awarded a contract to serve as technical service provider by Equinor for the Northern Lights phase two project off the coast of Norway.

Subsea7’s scope includes providing EPCI for a 5km CO₂ pipeline, along with the installation of satellite structures, umbilicals, tie-ins and pre-commissioning tasks.

spot_img
- Advertisement -spot_img

More articles

spot_img
spot_img
- Advertisement -spot_img

Latest article