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