SLB wins Equinor contract for ‘groundbreaking’ all-electric subsea project
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SLB (NYSE:SLB) said Thursday it was awarded a contract from Equinor (EQNR) for the front-end engineering design of a 12-well, all-electric subsea production systems project in the Fram Sør field, offshore Norway; financial terms were not disclosed.
SLB (SLB) said the Fram Sør program will use SLB OneSubsea’s standard subsea tree design, upgraded with a fully electrified power, control and actuation system, while the elimination of high-pressure hydraulic systems will enable operators to go further and deeper.
The project is “the first application to be implemented resulting from a joint industry project to accelerate the development of breakthrough electrification technology through a standardized industry solution,” SLB (SLB) said.