HOUSTON--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) announced today that its OneSubsea™ joint venture has been awarded an engineering, procurement and construction (EPC) contract by Equinor for a 12-well, all-electric Subsea Production System (SPS) in the Fram Sør field, offshore Norway. The award follows a collaborative, year-long Front-End Engineering Design phase, where Equinor and SLB OneSubsea jointly matured the project, culminating in the development plan and final
Related Questions
How will the EPC contract award to SLB OneSubsea affect SLB's near‑term revenue and earnings forecasts?
What is the expected margin and cash‑flow contribution from the 12‑well all‑electric Subsea Production System project?
How does this contract position SLB relative to its main competitors in the offshore subsea EPC market and could it lead to further contract wins in Europe?