BP Exploration & Production has awarded a letter of intent (LoI) to Seatrium concerning early engineering works for the Kaskida FPU in the US Gulf of Mexico.
SINGAPORE — BP Exploration & Production has awarded a letter of intent to Seatrium concerning early engineering works for the Kaskida floating production unit (FPU) in the US Gulf of Mexico.
A definitive contract should follow for engineering, procurement, construction and commissioning, subject to mutually agreed terms, and bp taking FID.
Kaskida is a greenfield development 250 miles southwest of New Orleans in the Keathley Canyon area. The FPU will comprise a single topside module supported by a four-column semisubmersible hull, with subsea production wells in a water depth of about 6,000 ft.