SLB Secures Contract for All-Electric Subsea Project in Norway
SLBSchlumberger(SLB) ZACKS·2024-06-29 00:55

SLB (SLB) has been awarded a contract by Equinor ASA (EQNR) to deliver the front-end engineering design (“FEED”) for an innovative all-electric subsea project in Norwegian waters.The project marks a notable advancement in subsea technology, focusing on electrification to enhance efficiency and production capabilities. It will be carried out by SLB OneSubsea, a joint venture supported by SLB, Aker Solutions and Subsea7, with headquarters in Oslo and Houston.Per the agreement, SLB will oversee the FEED for a ...