Radar · Projects to watch · 01 / 29
Kaskida FPU (bp)
bp's first 20k-psi development: a greenfield hub with FPU fabrication, subsea manufacturing and installation scheduled 2025–2029 — the design is to be repeated on Tiber.
Deepwater FPSO · USA, Gulf of Mexico (Americas) · every fact below is as reported by the linked sources, checked by hand on 2026-10-08.
- Size
- 80,000 b/d FPU; six wells at 20,000 psi; first oil 2029
- Operator / developer
- bp (100% working interest)
- Phase, as reported
- FPU under construction at Seatrium (steel strike 3Q2025; 25-50% complete at end-June 2026, yard delivery scheduled 2027) and subsea manufacturing in progress towards first oil 2029
- Checked on
- 2026-10-08
Phase track steps named in the reported phase are marked
- FID
- Engineering
- Fabrication
- Construction
- Installation
- Commissioning
Who builds it as stated by the sources
- bp — operator and sole owner; bp's sixth production hub in the Gulf
- Seatrium — EPC and onshore commissioning of the floating production unit — four-column semisubmersible hull with single topside module, integrated with Goliath twin cranes (Dec 2024)
- TechnipFMC — integrated EPCI for subsea production systems incl. 20,000-psi standardized trees and manifolds, plus umbilicals, risers and flowlines; 'substantial' award (US$250–500 m), Oct 2024
- SBM Offshore — wet tow and installation of the semi-submersible FPU (Apr 2025)
- SLB OneSubsea — subsea boosting (per OE Digital)
- Exmar Offshore / Audubon Engineering — FPU hull and topsides design engineering (per OE Digital)
Reported risk as reported, as of 2026-10-08
bp is reportedly selling minority stakes in Kaskida and Tiber. It would keep operatorship (Reuters, via Offshore Magazine, June 2026); no sale announced yet.
Key dates as stated by the sources
- FID
- July 2024
- Technipfmc award
- 2024-10
- Seatrium EPC award
- 2024-12
- Sbm installation award
- 2025-04
- First oil target
- 2029
- Fpu steel strike
- 3Q2025
- Fpu yard delivery
- 2027 (Seatrium order book)
Disciplines likely needed our inference
- HPHT subsea engineers
- FPU topsides/hull engineers
- riser and flowline engineers
- commissioning engineers
- marine installation and HSE
Our inference from project kind and phase — not stated by the sources below.
Sources checked on 2026-10-08
- Seatrium to perform EPC work for bp's Kaskida FPUOffshore Magazine · published 2024-12-26 · retrieved 2026-09-22
- BP Hires SBM Offshore to Install Kaskida FPU in Gulf of AmericaOE Digital · published 2025-04-30 · retrieved 2026-09-22
- TechnipFMC Scoops Kaskida Subsea WorkJPT (SPE) · published 2024-10-09 · retrieved 2026-09-22
- Seatrium 1H2026 Results presentation (order book project table)Seatrium Limited (SGX filing) · published 2026-07-31 · retrieved 2026-10-08
- Seatrium Continues Strong Momentum into 3Q2025 (business update)Seatrium Limited (investor newsroom PDF) · published 2025-11-13 · retrieved 2026-10-08
- bp reportedly initiates sale of minority interests in Kaskida, Tiber projectsOffshore Magazine · published 2026-06-16 · retrieved 2026-10-08
Position on our globe: 26.90°N 92.90°W. Location approximate: Keathley Canyon Block 292, ~250 miles (400 km) south-west of New Orleans; water depth ~6,000 ft (1,830 m).