SLB's OneSubsea joint venture, in collaboration with Subsea7, has been awarded a substantial Engineering, Procurement, Construction, and Installation (EPCI) contract by bp. The contract is for the Ginger project located offshore Trinidad and Tobago.
This project marks the first award under a new global framework agreement between bp and the Subsea Integration Alliance partners, SLB OneSubsea and Subsea7. This agreement establishes a new collaborative working model focused on system-level optimization through increased transparency and early engagement.
SLB OneSubsea will deliver four standardized vertical monobore subsea trees and tubing hangers, optimized for speed of delivery and installation. It will also provide the region's first high-integrity pressure protection system (HIPPS) manifold, designed to enhance safety, efficiency, and environmental performance. Subsea7 defines a substantial contract as being between $150 million and $300 million.
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