SLB's OneSubsea JV Awarded Multi-Well Contract By hina National Offshore Oil Corporation To Provide Standardized Subsea Production Technology
3/17/2026
Impact: 75
Energy
SLB's OneSubsea joint venture has secured a multi-well EPC contract from China National Offshore Oil Corporation (CNOOC) for the development of 20 wells in the Kaiping 18-1 field in the South China Sea. The contract includes the provision of standardized subsea production technology, such as dual electric submersible pumps, gas lift systems, and installation support.
AI summary, not financial advice
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