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SLB OneSubsea Secures Contract for BP Project in US Gulf

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SLB OneSubsea, a joint venture partly owned by energy technology firm SLB (SLB), has been awarded a contract from BP (BP) to provide a subsea boosting system for the latter in the Gulf of Mexico, recognized by the US government as Gulf of America, SLB said on Monday.

The engineering, procurement and construction contract for BP's project dubbed Thunder Horse, comes after other BP contract awards to OneSubsea for the Kaskida and Tiber developments.

All three will make use of the same boosting system solution, SLB said.

Its benefits include improved execution efficiency and shorter delivery times, the statement said.

"Subsea boosting is an important enabler for extending production from existing assets," said Mads Hjelmeland, CEO of SLB OneSubsea.

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Commodities

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