Kosmos Energy Gulf of Mexico Operations LLC awarded an engineering, procurement, construction and installation (EPCI) contract to Schlumberger's OneSubsea and partner Subsea 7 for a project in the Odd Job field in the Gulf of Mexico, according to a press release on July 26.
OneSubsea will provide the project with a subsea multiphase boosting system, topside equipment and a 16-mile integrated power and control umbilical per the contract.
Additionally, OneSubsea will provide project management, engineering, assembly and testing from its facilities in Bergen, Norway, and Horsøy, Norway, while Subsea 7 will supply transportation to the field, as well as installation services.
Located offshore southeast Louisiana in the Gulf of Mexico, the Odd Job field is owned and operated by deepwater E&P company Kosmos Energy with a 54.9% working interest, according to the company's website. Ridgewood Energy, Talos Energy and Calypso Exploration hold the remaining stakes in the field.
“We are delighted to be working with Kosmos Energy on the successful long-term development of the Odd Job field,” Subsea Integration Alliance director of subsea production systems Don Sweet said in the release.
“The system will be tied back to the existing facility, thereby achieving significant cost and energy savings, as well as reducing CO2 emissions, all while improving Kosmos Energy’s ultimate recovery,” he continued.
OneSubsea and Subsea 7 comprise the non-incorporated strategic global partnership Subsea Integration Alliance, the subsea technologies, production and processing business of Schlumberger.
OneSubsea is responsible for delivering more than 40 projects since 1994, including 115 subsea boosting pumps, as well as raising production rates by 20% with the implementation of subsea multiphase boosting technology.
“This contract recognizes the successful alliance model that brings together Subsea 7’s extensive track record in delivery of large-scale EPCI projects, with OneSubsea’s subsea processing technology leadership," Subsea Integration Alliance CEO Olivier Blaringhem added in the release.
"Our alliance will improve Kosmos’ field economics while lowering complexity, cost and risk to achieve production objectives safely, on time and within cost targets,” he continued.
Recommended Reading
TotalEnergies, RWE Partner on German North Sea Wind Projects
2024-10-07 - TotalEnergies and RWE aim to commission two wind projects, N-9.1 and N-9.2, in 2031 and 2032.
TotalEnergies Sells Half of US Renewable Portfolio to Apollo
2024-12-04 - TotalEnergies is acquiring Germany’s VSB Group while selling 50% of a 2-gigawatt renewable portfolio in Texas.
Japan’s Toyo to Buy Houston Area Solar Module Production Facility
2024-11-26 - Toyo says it plans to start production of 1 GW of annual module capacity by mid-2025 and reach 2.5 GW by the end of 2025.
Allete Gets OK From FERC for $6.2B Sale to Canada Pension Plan, GIP
2024-12-20 - Allete Inc. announced its acquisition by the Canada Pension Plan Investment Board and Global Infrastructure Partners in May.
Equinor Acquires Nearly 10% Stake in Ørsted for $2.5B
2024-10-07 - Equinor becomes the second largest stakeholder in Ørsted with its $2.5 billion acquisition of the Danish company’s shares.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.