TechnipFMC (NYSE: FTI) said March 27 it won a contract for the supply and installation of subsea equipment for phase one of the Kaikias deepwater project in the Gulf of Mexico (GoM).
The contract, awarded by Shell Offshore Inc. a subsidiary of Royal Dutch Shell Plc (NYSE: RDS.A), is for the delivery, integration and installation of the subsea production system (SPS) and subsea riser, jumper and flowline (SURF) equipment.
The agreement includes the first application of TechnipFMC’s compact pipeline end manifold and horizontal connection system technologies with flexible jumpers in the deepwater GoM, the company said.
Kaikias is located in the prolific Mars-Ursa Basin about 210 km (130 miles) from the Louisiana coast and is estimated to contain more than 100 million barrels of oil equivalent recoverable resources. The field will produce oil and gas through a subsea tieback to the nearby Shell-operated Ursa production hub.
TechnipFMC said it collaborated with Shell during the front-end planning and design for Kaikias phase one to engineer solutions and efficient execution opportunities designed to improve the overall cost and pace of development.
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