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(WO) – Seatrium has secured its second consecutive deepwater contract


(WO) – Seatrium has secured its second consecutive deepwater contract from bp, winning the engineering, procurement, construction and onshore commissioning scope for the Tiber floating production unit (FPU) in the U.S. Gulf of America/Gulf of Mexico. 

The award builds on bp’s Kaskida FPU contract issued in 2024 and reinforces Seatrium’s series-build approach for major deepwater projects. More than 85% of the Tiber design will replicate the Kaskida unit, enabling standardized procurement, streamlined engineering and reduced execution risk.

“The Tiber FPU award marks a significant milestone in our relationship with bp and underscores the strength of our series-build approach,” said William Gu, Executive Vice President of Seatrium Energy (International). “We remain committed to delivering efficiency, safety and execution excellence across bp’s offshore developments.”

The Tiber unit will support production from the Tiber and Guadalupe fields in Keathley Canyon, roughly 300 miles southwest of New Orleans. Designed for 80,000 bpd of oil, the FPU will be installed in about 4,100 ft of water and incorporate advanced technologies to improve reliability and operational performance.

Seatrium will integrate the fully completed topside onto the hull using its heavy-lift Goliath twin cranes, which provide a combined 30,000-t lifting capacity. The onshore single-lift method enables the topsides to be largely completed and tested before integration, improving safety and schedule efficiency.

The project expands Seatrium’s growing deepwater portfolio, which includes Shell’s Vito and Whale FPUs and ongoing newbuilds for Shell’s Sparta project and bp’s Kaskida development.



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