TechnipFMC has been awarded a major contract by BP for the Argos Southwest Extension project in the Mad Dog field, located in the Gulf of Mexico.

The contract involves the installation of a pipe and an umbilical, connecting three new wells to the Argos platform. The contract also entails TechnipFMC manufacturing and installing pipeline end terminations.

For TechnipFMC, a significant contract is between $75 million and $250 million. This award was included in the fourth quarter of 2023 Subsea inbound orders.

“We have a long-standing relationship with bp, underpinned by close collaboration. This partnership, combined with our robust installation and execution capabilities, enables us to meet bp’s schedule to extend production in the Mad Dog field,” said Jonathan Landes, President of Subsea at TechnipFMC.

Notably, bp started production from its Argos offshore platform in the Gulf of Mexico in April. Argos is considered bp’s fifth deepwater platform in the Gulf of Mexico, marking the first new bp-operated production facility there since 2008.

bp is the operator with 60.5% working interest, along with co-owners Woodside Energy (23.9%) and Union Oil Company of California, an affiliate of Chevron (15.6%).