SLB has announced a landmark contract award from Petrobras to its OneSubsea joint venture, marking a significant achievement in the development of Brazil’s offshore oil fields. This major contract, awarded after a competitive tender, involves the provision of subsea production systems and related services for two ultra-deepwater projects in the Santos Basin, a key region […]
SLB (formerly Schlumberger) has announced a significant contract award from Equinor for the front-end engineering design (FEED) of a 12-well, all-electric Subsea Production System (SPS) in the Fram Sør field, offshore Norway. This landmark project marks a crucial step in the fast-tracked global adoption of electric subsea technology, aiming to revolutionize subsea operational efficiency, increase […]
In a landmark development for the carbon capture industry, SLB (formerly Schlumberger Limited) and Aker Carbon Capture (ACC) have officially closed their much-anticipated joint venture (JV), setting the stage for enhanced industrial decarbonization efforts on a global scale. The deal, valued at approximately NOK 4.12 billion (around USD 440 million), sees SLB acquiring an 80% […]
SLB (formerly Schlumberger), a leading technology provider in the energy sector, has been awarded a significant engineering, procurement, construction, and installation (EPCI) contract by OKEA for the development of the Bestla Project, formerly known as Brasse, in the North Sea, offshore Norway. This contract, a collaboration between SLB’s OneSubsea joint venture and Subsea7, aims to […]
In a landmark move aimed at propelling industrial decarbonization efforts forward, Aker Carbon Capture ASA (ACC) and SLB have officially announced their agreement to merge their carbon capture ventures. This strategic alliance is poised to significantly enhance the commercial deployment of carbon capture technologies on a global scale, signaling a major step towards achieving Net […]
The Bangladesh Oil, Gas, and Mineral Corporation (Petrobangla) has officially launched the 2024 Bangladesh Offshore Bid Round, marking the first offering of offshore acreage since 2012. This significant event unveils fifteen deep water and nine shallow water blocks, opening new avenues for exploration in one of the world’s most promising yet underexplored regions. The bid […]
SLB (formerly Schlumberger) announced it has secured a five-year contract from Brazilian oil and gas giant Petrobras for a comprehensive deployment of its Delfi digital platform. This marks a significant step in Petrobras’ digital transformation strategy, encompassing exploration, development, and production operations. A critical part of the contract is the transition of subsurface workflows to […]