TechnipFMC secures contract for bp's Kaskida development in the Gulf of Mexico

TechnipFMC has been awarded an integrated engineering, procurement, construction and installation contract by bp for its greenfield Kaskida development in the Gulf of Mexico.

The contract, valued between $250 million and $500 million, covers the design and manufacture of subsea production systems, including 20,000 psi (20K) standardized subsea trees and manifolds. The scope also includes the design, manufacture and installation of subsea umbilicals, risers and flowlines.

The award follows an integrated FEED study by TechnipFMC.