SLB OneSubsea Awarded Integrated EPC Contract for Deepwater Development [Yahoo! Finance]
AKER SOLTNS ASA UNSP/ADR (AKRYY)
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Source: Yahoo! Finance
horizontal trees, manifolds, connectors, and control systems, along with installation and commissioning support. Award adds to OneSubsea's project pipeline and reinforces its standardized system design HOUSTON, March 17, 2026 BUSINESS WIRE )--Global energy technology company SLB (NYSE: SLB) announced today that its OneSubsea™ joint venture has been awarded a multi-well, integrated engineering, production, and construction (EPC) contract by China National Offshore Oil Corporation (CNOOC). The contract encompasses 20 wells and covers the delivery of integrated subsea production systems for the deepwater Kaiping 18-1 field development in the South China Sea. Under the contract, SLB OneSubsea will deliver standardized subsea production technology that includes dual electric submersible pump (ESP), gas lift and gas injection horizontal trees, manifolds, connectors, and control systems, along with installation and commissioning support. "This award highlights the continued adoption
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