SLB OneSubsea awarded major contract by Petrobras for two ultra-deepwater projects offshore Brazil
02 Agosto 2024 - 8:56AM
Business Wire
Subsea production systems will help unlock access to pre-salt
reserves in the prolific Santos Basin
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SLB OneSubsea manufacturing facility in
Curitiba, Brazil. (Photo: Business Wire)
SLB (NYSE: SLB) has announced a major contract award by
Petrobras (NYSE: PBR), following a competitive tender, to its
OneSubsea™ joint venture for their standardized, pre-salt subsea
production systems and related services. The scope covers the
further development of two oil fields in the strategically
important Santos Basin.
As part of the second development of the Atapu and Sepia fields,
SLB OneSubsea will provide the Petrobras-standard configured,
pre-salt vertical trees, subsea distribution units, subsea control
systems and pipeline systems, along with related installation,
commissioning and life-of-field services. Much of the technology
and equipment to be deployed, including the vertical trees and
subsea control systems, will be produced and serviced locally at
SLB OneSubsea’s facilities in Brazil.
“This award deepens our valued partnership with Petrobras, and
we are proud to be supporting the development of such important
assets to Brazil,” said Mads Hjelmeland, chief executive officer of
SLB OneSubsea. “Leveraging our proven, locally developed technology
platform facilitates on-time delivery and maximizes local content
from our Brazilian manufacturing and service facilities. Brazil is
a key market for us, and our continued in-country investments are
key to support the growth we envisage for the region.”
These projects add to Petrobras’ material pre-salt investments
and will enable the addition of two new floating production,
storage and offloading (FPSO) platforms, P-84 (Atapu) and P-85
(Sepia). They will each have a daily production capacity of 225,000
barrels of oil per day and processing of 10 million cubic meters of
gas per day.
About SLB
SLB (NYSE: SLB) is a global technology company that drives
energy innovation for a balanced planet. With a global footprint in
more than 100 countries and employees representing almost twice as
many nationalities, we work each day on innovating oil and gas,
delivering digital at scale, decarbonizing industries, and
developing and scaling new energy systems that accelerate the
energy transition. Find out more at slb.com.
About SLB OneSubsea
SLB OneSubsea is driving the new subsea era that leverages
digital and technology innovation to optimize our customers’ oil
and gas production, decarbonize subsea operations, and unlock the
large potential of subsea solutions to accelerate the energy
transition. SLB OneSubsea is a joint venture backed by SLB, Aker
Solutions, and Subsea7 headquartered in Oslo and Houston, with
10,000 employees across the world. Find out more at
onesubsea.com.
Cautionary Statement Regarding Forward-Looking
Statements:
This press release contains “forward-looking statements” within
the meaning of the U.S. federal securities laws — that is,
statements about the future, not about past events. Such statements
often contain words such as “expect,” “may,” “can,” “estimate,”
“intend,” “anticipate,” “will,” “potential,” “projected" and other
similar words. Forward-looking statements address matters that are,
to varying degrees, uncertain, such as forecasts or expectations
regarding the deployment of, or anticipated benefits of, SLB’s new
technologies and partnerships; statements about goals, plans and
projections with respect to sustainability and environmental
matters; forecasts or expectations regarding energy transition and
global climate change; and improvements in operating procedures and
technology. These statements are subject to risks and
uncertainties, including, but not limited to, the inability to
achieve net-negative carbon emissions goals; the inability to
recognize intended benefits of SLB’s strategies, initiatives or
partnerships; legislative and regulatory initiatives addressing
environmental concerns, including initiatives addressing the impact
of global climate change; the timing or receipt of regulatory
approvals and permits; and other risks and uncertainties detailed
in SLB’s most recent Forms 10-K, 10-Q and 8-K filed with or
furnished to the U.S. Securities and Exchange Commission. If one or
more of these or other risks or uncertainties materialize (or the
consequences of such a development changes), or should underlying
assumptions prove incorrect, actual outcomes may vary materially
from those reflected in our forward-looking statements. The
forward-looking statements speak only as of the date of this press
release, and SLB disclaims any intention or obligation to update
publicly or revise such statements, whether as a result of new
information, future events or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20240801283987/en/
Media Moira Duff – Director of External Communications
SLB Tel: +1 (713) 375-3407 media@slb.com Investors James R.
McDonald – SVP of Investor Relations & Industry Affairs Joy V.
Domingo – Director of Investor Relations SLB Tel: +1 (713) 375-3535
investor-relations@slb.com
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