Seatrium Ltd. has been awarded a contract by BP Exploration and Production Inc. for the engineering, procurement, construction and onshore commissioning (EPCC) for BP’s Tiber project in the Gulf of America.
The Tiber Floating Production Unit (FPU) is Seatrium’s second consecutive deepwater project for BP, following the Kaskida FPU in December 2024.
The Tiber FPU will have a production capacity of 80,000 barrels of crude oil per day. It will support production from the Tiber and Guadalupe fields in Keathley Canyon, roughly 480 kilometres southwest of New Orleans.
Mr William Gu, Executive Vice President of Seatrium Energy (International), said: “The Tiber FPU award marks a significant milestone in our relationship with bp and underscores the strength of our series-build approach for the Gulf of America production units.
“It also highlights Seatrium’s expanding foothold in the FPU segment, delivering exceptional quality and efficiency with uncompromising safety through maximum on-ground completion and single-lift capability.
“Drawing on lessons learned from our growing portfolio of FPU projects, we will continue to translate experience into execution excellence.”
The FPU will be installed in about 4,100 ft of water and incorporate advanced technologies to enhance operational efficiency and safety.
Seatrium will replicate 85 per cent of the Kaskida FPU design in the Tiber FPU, which allows the company to capitalise on established design efficiencies and best practices.
Seatrium will use its single-lift integration methodology to install the topside of the Tiber FPU onto the hull. This approach allows the topside to be fully completed and tested at ground level, maximising readiness, safety and efficiency.
The project expands Seatrium’s growing deepwater portfolio, which includes Shell’s Vito and Whale FPUs and ongoing new builds for Shell’s Sparta project.
