08:58 AM EDT, 05/24/2024 (MT Newswires) -- Schlumberger ( SLB ) said on Friday it has secured a contract from Equinor ( EQNR ) for its OneSubsea joint venture, building on an existing long-term agreement for Phase 3 of Equinor's ( EQNR ) Troll project in the North Sea, offshore Norway.

Under the contract, which aims to boost production from the reservoir equivalent to about 55 billion standard cubic meters of gas, Equinor ( EQNR ) will use Schlumberger's ( SLB ) OneSubsea standardised solutions compliant with NCS2017+ standards, the company said.

Price: 46.40, Change: +0.08, Percent Change: +0.17