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Schlumberger OneSubsea JV Awarded TotalEnergies' Kaminho Deepwater Project Contract
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Schlumberger OneSubsea JV Awarded TotalEnergies' Kaminho Deepwater Project Contract
Jul 3, 2024 6:50 AM

09:36 AM EDT, 07/03/2024 (MT Newswires) -- Schlumberger ( SLB ) said Wednesday its OneSubsea joint venture has received a contract from TotalEnergies (TTE) in Angola for a 13-well subsea production system in the Kaminho project.

Financial terms of the contract weren't disclosed.

TotalEnergies and its Block 20/11 partners will develop the Kaminho project in two phases for the Cameia and Golfinho discoveries, Schlumberger ( SLB ) added.

OneSubsea will work with TotalEnergies for deploying a subsea production platform with a vertical monobore subsea tree, wellhead, and controls system, Schlumberger ( SLB ) said.

The first production is expected in 2028, with roughly 70,000 barrels of oil per day.

Price: 46.69, Change: +0.11, Percent Change: +0.24

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