SLB has announced the award of a substantial engineering, procurement, construction and installation contract by bp to its OneSubsea™ joint venture and Subsea7 for the Ginger project, located offshore Trinidad and Tobago.
This marks the first project awarded under the global framework agreement between bp and the Subsea Integration Alliance partners—SLB OneSubsea and Subsea7. The agreement represents a new approach to subsea project execution, fostering system-level optimisation through greater transparency, earlier engagement, and a novel commercial model that better aligns incentives for value creation throughout the lifecycle of joint projects.
The Ginger project builds on a strong and enduring relationship between the alliance and bp. The framework aims to improve project delivery and reduce costs by leveraging the combined expertise and capabilities of all parties involved.
Commenting on the announcement, Mads Hjelmeland, CEO of SLB OneSubsea, said:
“When we first entered this long-term, strategic agreement with bp, it was with the intent of strengthening subsea project performance together. We believed that, by combining our skills, knowledge and experience more transparently, we could bring more projects over the line, more cost-effectively. Unlocking FID for Ginger is a significant win for this new way of working together and I am excited for what’s ahead, for both Ginger and beyond.”
Under the contract, SLB OneSubsea will provide four standardised vertical monobore subsea trees and tubing hangers, designed for rapid delivery and installation. The project will also feature the region’s first high-integrity pressure protection system (HIPPS) manifold, aimed at enhancing safety, efficiency, and environmental performance. Subsea7 will be responsible for supplying a diver-installed tie-in system, a flexible production flowline and supporting subsea infrastructure.
The Ginger development, situated off the southeast coast of Trinidad at water depths reaching 90 metres, represents a significant milestone for bp’s regional operations and the broader application of the Subsea Integration Alliance’s global framework.
Olivier Blaringhem, CEO of Subsea Integration Alliance, added:
“This is an exciting and important project for our novel global framework with bp, which expands our EPCI collaboration to Trinidad and Tobago. Through the capability and agility of our partners Subsea7 and SLB OneSubsea, we provide key assets and expertise to create value for the long-term and deliver the best possible total cost of ownership on the Ginger project.”
For more information visit www.slb.com
