Singapore shipyard group Seatrium has won a contract from UK energy supermajor BP for the engineering, procurement, construction, and onshore commissioning of the Tiber FPU in the Gulf of Mexico.
The Tiber FPU marks Seatrium’s second consecutive deepwater project for BP, following the contract award for the Kaskida FPU in December of last year.
The unit will have a production capacity of 80,000 bopd and incorporate advanced technologies to enhance operational efficiency and safety. It will produce oil from the Tiber and Guadalupe fields in the Keathley Canyon area of the Gulf of Mexico, some 480 km southwest of New Orleans.
The project includes six wells in the Tiber field and a two-well tieback from the Guadalupe field. Production is expected to start in 2030.
Over 85% of the Tiber FPU design will replicate the Kaskida FPU. Seatrium stated that the series-build approach would drive supply chain efficiency through standardised procurement and coordinated project planning across both projects.
This also enables Seatrium to leverage key engineering and commissioning support partners, as well as trusted equipment suppliers, ensuring consistent and streamlined execution of this project.
The topside for the Tiber FPU will be installed onto the hull using Seatrium’s single-lift methodology, enabled by its Goliath twin cranes with a combined lifting capacity of 30,000 tonnes. The Tiber FPU adds to Seatrium’s portfolio of FPUs and follows Shell’s Sparta and BP’s Kaskida FPU newbuilds, as well as the successful completion of Shell’s Vito and Whale FPU newbuilds in 2021 and 2023, respectively.
Seatrium signed a memorandum of understanding with BP for the Tiber FPU in February. However, the formal signing of the contract was conditional on BP making a final investment decision. The decision to develop the $5bn project was made in late September.
Last week, SLB OneSubsea, a joint venture backed by SLB, Aker Solutions, and Subsea7, already won a contract from BP for a subsea boosting system for the project.
