26.5 C
Singapore
Thursday, May 1, 2025
spot_img

Subsea 7, OneSubsea score work on BP’s gas project off Trinidad

Must read

Subsea Integration Alliance members, Subsea 7 and SLB’s OneSubsea, have been awarded an engineering, procurement, construction, and installation contract for the Ginger project offshore Trinidad and Tobago by supermajor BP.

The work on the project will be done under the new global framework agreement between BP and the Subsea Integration Alliance partners. The framework defines a novel commercial model that effectively aligns incentives for accelerated and maximised value creation among all stakeholders involved, throughout the life of joint projects.

For the Ginger EPCI project, Subsea7 will supply a diver-installed tie-in system, a flexible production flowline, and associated infrastructure.

OneSubsea will deliver four standardised vertical monobore subsea trees and tubing hangers, optimised for speed of delivery and installation. It will also deliver the first high-integrity pressure protection system manifold in the region.

BP’s Ginger gas development is located off the southeast coast of the island of Trinidad, at water depths of up to 90 m. Project management and engineering activities will begin immediately at Subsea7’s office in Houston, Texas, with offshore operations scheduled for 2026.

Financial details have not been fully disclosed. However, it has been described as a sizeable deal, placing it in the $150m to $300m range.

spot_img
- Advertisement -spot_img

More articles

spot_img
spot_img
- Advertisement -spot_img

Latest article