BP orders construction for new subsea production system

March 21 (UPI) -- Schlumberger subsidiary OneSubsea has been contracted to provide a subsea production system for BP's Mad Dog 2 project in the Gulf of Mexico.

The Mad Dog Phase 2 project is BP's second stage of development for a planned offshore oil field. The phase builds on BP's largest oil field discovery in the Gulf of Mexico. OneSubsea will be tasked with supplying undersea wells that extract petroleum.

Company officials are confident their products will yield positive results for all industry partners while reducing risks.

"Our equipment reliability is a key factor in mitigating project risk and this project will benefit from the supplier-led approach of using standardized equipment designs and specifications," OneSubsea president Mike Garding said in a press release.

The production contract includes subsea manifolds, single and multi-phase meters, water analysis sensors, intervention tooling and additional test equipment. OneSubsea will also collaborate with Subsea 7 for construction and engineering efforts.

"Our collaborative working relationship with Subsea 7 empowers our organizations to deliver to BP an integrated EPCI capital-efficient solution, which is substantially lower than the original estimated project cost," Garding added.

Schlumberger says the project will be closely managed by U.S. resources and operations in Texas and Louisiana.