Demo 18 illustrates how to solve an incompressible flow problem in a mixed formulation, introducing pressure as another variable which is solved simultaneously with velocity.
Although another variable must be solved, the number of boundary conditions does not change from the compressible version of the problem.
Is this a well-posed problem? Isn't it necessary to pin pressure at one point, at least?
My best guess is that the second equation of the problem, div(u) = 0, stays in strong form, so in a sense it acts as a Neumann BC.