SLB: new agreement with Equinor for two projects

(CercleFinance.com) - SLB announces the signing of a new agreement between Equinor and the Subsea Integration Alliance (OneSubsea and Subsea7), paving the way for the start of exploration work on two projects, the Wisting field, offshore Norway, and the Bay Du Nord field, offshore Canada.


This long-term strategic collaboration agreement enables early information sharing, technological innovation and other collaborative benefits essential to unlocking more subsea projects by making them economically viable.

Collaboration will begin immediately on joint concept studies for two major projects. Under the same agreement, any resulting EPCI execution would be allocated directly to the alliance, if a final investment decision (FID) is made.

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