SLB OneSubsea wins subsea production system contract for Kaminho project

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SLB (formerly Schlumberger) has announced that its OneSubsea joint venture has been awarded a significant contract by TotalEnergies (NYSE: TTE) for a comprehensive 13-well Subsea Production System. This system includes associated equipment and services for the development of the Kaminho project, offshore Angola. The project, poised for development in two phases, targets the Cameia and Golfinho fields located within Block 20/11.

This collaboration marks a pivotal advancement for Angola’s oil production capabilities. During the project’s initial phase, focused on the Cameia field, SLB OneSubsea will work alongside TotalEnergies to install a highly configurable subsea production platform. This platform will feature a standardized vertical monobore subsea tree, a wellhead, and a controls system, set to optimize the operational efficiency and production outputs of the fields.

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“We are excited for this opportunity to unlock the large potential of the Kaminho project together with TotalEnergies,” expressed Mads Hjelmeland, CEO of SLB OneSubsea. “Our collaborative contract model allows us to leverage standardization and highly configurable subsea production platforms, creating greater efficiencies and long-term value for projects in Angola and globally.”

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The Kaminho project is a major undertaking, involving more than 10 million man-hours predominantly in offshore operations and local construction at Angolan yards. SLB OneSubsea’s role extends to supporting the local operations extensively, including assembly, manufacturing of modules, installation, commissioning, and life-of-field services. The project aims to begin production in 2028, targeting an output of approximately 70,000 barrels of oil per day.

In a strategic move, TotalEnergies, in partnership with Petronas and Sonangol, announced the Final Investment Decision (FID) for the Kaminho deepwater project earlier this May. This decision marks the first major deepwater development in the Kwanza basin. Notably, the project includes the conversion of a Very Large Crude Carrier (VLCC) into a state-of-the-art Floating Production Storage and Offloading (FPSO) unit, designed to minimize greenhouse gas emissions and eliminate routine flaring through all-electric operations and full reinjection of associated gas into the reservoirs.

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