SLB - Schlumberger Lands Electric Subsea Project With Equinor In Norway: Details | Benzinga
Schlumberger Limited (NYSE:SLB) and Equinor ASA (NYSE:EQNR) shares are trading higher today after Schlumberger won a contract from Equinor for the Subsea Production Systems (SPS) project in offshore Norway.
The contract is for the front-end engineering design (FEED) of a 12-well, all-electric SPS project in the Fram Sør field.
Under the agreement, SLB OneSubsea will be directly awarded future engineering, procurement, and construction contracts conditional upon a final investment decision.
The Fram Sør project will employ SLB OneSubsea’s ...