SLB OneSubsea has been awarded an EPC contract by Equinor for a 12-well all-electric subsea production system at the Fram Sør project offshore Norway, the company said on Monday.
Global energy technology company Schlumberger NV (SLB) said its joint venture with Aker Solutions ASA and Subsea7 SA, OneSubsea, secured an engineering, procurement, and construction contract from Equinor ASA. SLB said it will deliver all-electric subsea production systems for 12 wells in the Fram Sor project offshore Norway.
The system will include four subsea templates and 12 all-electric trees, which will reduce topside modifications and eliminate the need for hydraulic fluid from the host platform. The Fram Sør project will be tied back to the Troll C platform in the North Sea and is designed to have very low emissions due to shore-based power supply.
SLB will deploy its Sequestri™ carbon storage solutions portfolio — which includes technologies specifically engineered and qualified for the development of carbon storage sites — to construct six carbon storage wells. The project scope includes drilling, measurement, cementing, fluids, completions, wireline and pumping services.
SLB OneSubsea has been awarded an EPC contract by Equinor for a subsea CO2 injection system for phase two of the Northern Lights project offshore Norway, SLB said on Wednesday.
Under the agreement, Cactus will build on its current use of SLB’s Precise™ automated drilling control systems by integrating DrillSync™, SLB’s automated controls platform and software suite. These technologies will work together to improve drilling efficiency, increase equipment utilization and provide real-time data insights for better execution.
The joint venture deal comprises two rigs in Kuwait and six in Oman, all currently under contract with the Kuwaiti and Omani NOCs. ANDOC Drilling will pay USD 91 million for the 70% stake, plus an additional potential payment of USD 21 million based on rig performance, Reuters reported.
SLB has launched Retina, a new at-bit imaging technology that delivers high-resolution borehole images from the first point of drill bit contact, enabling better formation evaluation and drilling decisions, the company said Tuesday.
Electris completions digitalize control of the entire productive area of the wellbore, providing real-time production intelligence across the reservoir. This enables operators to predict, adapt and act with confidence in response to dynamic production conditions — improving reservoir management over the life of the well and accessing reserves that conventional systems leave behind.
On Digital and Integration, the chief executive said, “The energy industry is focused on efficiency and performance, and our customers are recognizing the opportunity to unlock value from their data. As a result, operators are increasing their digital capabilities, strengthening partnerships with technology companies, and investing in digital and AI solutions. This is translating into highly accretive revenue growth”.