Equinor Awards Subsea Integration Alliance EPCI Contract for Bacalhau
15 Juni 2021 - 3:00PM
Business Wire
Integration and open collaboration will help
Equinor unlock Bacalhau’s full potential
Regulatory News:
Schlumberger announced today an award to Subsea Integration
Alliance of a large contract by Equinor on its Bacalhau project
offshore Brazil. The contract scope covers the engineering,
procurement, construction and installation (EPCI) of the subsea
production systems (SPS) and subsea pipelines (SURF).
The development will include 19 trees as well as associated
subsea equipment including subsea wellheads, subsea controls and
connection systems, and a full completion workover riser. The SURF
scope comprises rigid risers, flowlines, and umbilicals.
The Subsea Integration Alliance team established during the
initial front-end engineering design phase, awarded in January
2020, will now transition into the full EPCI phase. Project
management and detailed engineering will take place in Rio de
Janeiro. Offshore activities will commence in 2022 using Subsea 7’s
reel-lay, flex-lay and light construction vessels.
“This award reflects our commitment to enhance the performance
of Equinor’s Bacalhau field through an open collaboration approach,
with the integration and application of innovative subsea
technology solutions building on Schlumberger’s high pressure and
deepwater expertise,” said Donnie Ross, president, Production
Systems, Schlumberger. “At the same time, this will have a positive
impact on the regional economy through in-country value
creation.”
“We have worked closely with Equinor since the FEED award back
in 2020,” said Stuart Fitzgerald, CEO, Subsea Integration Alliance
LLC. “Now in the EPCI phase, we will support Equinor in maximizing
the Bacalhau field’s potential through Subsea Integration
Alliance’s leading portfolio of technologies and services, and a
‘one team’ approach to project delivery.”
The Bacalhau Field is located 185 km from the coast of the
municipality of Ilhabela, in the state of São Paulo, at a water
depth of 2,050 m. Bacalhau is Brazil's first integrated SPS and
SURF project. The award is a significant endorsement of Subsea
Integration Alliance’s strong position within the integrated market
and our long-established local presence in Brazil.
About Schlumberger
Schlumberger (SLB: NYSE) is a technology company that partners
with customers to access energy. Our people, representing over 160
nationalities, are providing leading digital solutions and
deploying innovative technologies to enable performance and
sustainability for the global energy industry. With expertise in
more than 120 countries, we collaborate to create technology that
unlocks access to energy for the benefit of all.
Find out more at www.slb.com.
About Subsea Integration Alliance
Subsea Integration Alliance is a non-incorporated strategic
global alliance between Subsea 7 and OneSubsea®, the subsea
technologies, production, and processing systems division of
Schlumberger, bringing together field development planning, project
delivery and total lifecycle solutions under an extensive
technology and services portfolio. As one team, Subsea Integration
Alliance amplifies subsea performance by helping customers to
select, design, deliver and operate the smartest subsea projects.
This eliminates costly revisions, avoids delays and reduces risk
across the life of field. For more information, visit
www.subseaintegrationalliance.com.
Cautionary Statement Regarding Forward-Looking
Statements
This press release contains “forward-looking statements” within
the meaning of the U.S. federal securities laws — that is,
statements about the future, not about past events. Such statements
often contain words such as “expect,” “may,” “can,” “estimate,”
“intend,” “anticipate,” “will,” “potential,” “projected" and other
similar words. Forward-looking statements address matters that are,
to varying degrees, uncertain, such as forecasts or expectations
regarding the deployment of, or anticipated benefits of, certain
technologies. These statements are subject to risks and
uncertainties, including, but not limited to, the inability to
recognize intended benefits from the strategies, initiatives or
partnerships of Schlumberger and Subsea Integration Alliance; and
other risks and uncertainties detailed in Schlumberger’s most
recent Forms 10-K, 10-Q and 8-K filed with or furnished to the U.S.
Securities and Exchange Commission. If one or more of these or
other risks or uncertainties materialize (or the consequences of
such a development changes), or should underlying assumptions prove
incorrect, actual outcomes may vary materially from those reflected
in these forward-looking statements. Statements in this press
release are made as of the date of this release, and Schlumberger
disclaims any intention or obligation to update publicly or revise
such statements, whether as a result of new information, future
events, or otherwise.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210615005746/en/
Media Giles Powell – Director of Corporate Communication,
Schlumberger Limited Tel: +1 (713) 375-3494
communication@slb.com
Investors Ndubuisi Maduemezia – Vice President of
Investor Relations, Schlumberger Limited Tel: +1 (713) 375-3535
investor-relations@slb.com
Schlumberger (NYSE:SLB)
Historical Stock Chart
Von Sep 2024 bis Okt 2024
Schlumberger (NYSE:SLB)
Historical Stock Chart
Von Okt 2023 bis Okt 2024