10:22 AM EDT, 05/05/2025 (MT Newswires) -- Schlumberger ( SLB ) said Monday its OneSubsea joint venture and Subsea7 won an engineering, procurement, construction, and installation contract from BP (BP) for the Ginger project located offshore Trinidad and Tobago.

Financial details weren't disclosed.

OneSubsea will supply four standardized vertical monobore subsea trees and tubing hangers and a high-integrity pressure protection system manifold, while Subsea7 will provide tie-in systems and a flexible flowline for BP's Ginger project off southeast Trinidad in up to 90 meters of water, the company said.

Shares of Schlumberger ( SLB ) were down nearly 2% in recent trading.

Price: 34.08, Change: -0.65, Percent Change: -1.87