OneSubsea

OneSubsea
TypePublic
NYSE: SLB
S&P 500 component
Fortune 500
IndustryOilfield services & equipment
FoundedNovember 15, 2012
HeadquartersOslo, Norway and Houston, Texas, US
Number of locations
Oslo, Norway
Houston, Texas, US
Bergen, Norway
Pune, India
Celle, Germany
Leeds, England, UK
Aberdeen, Scotland, UK
Barrow-in-Furness, England
Taubate, Brazil
Macae, Brazil,Basra
Iraq
Area served
Worldwide
Key peopleMads Hjelmeland, CEO
ProductsIntegrated Solutions[buzzword], Production Systems, Processing Systems, Control Systems, Swivel and Marine Systems, Subsea Services
Revenue$2 Billion USD (2014)
Number of employees
11 000
ParentSchlumberger
Websitewww.onesubsea.slb.com

OneSubsea is a SLB company, headquartered in Oslo, Norway and Houston, Texas, United States. The company is a subsea supplier for the subsea oil and gas market. As of August 2024, the company was the world’s largest in terms of installed subsea christmas trees

History

In November 2012, Cameron International and Schlumberger announced that they were forming a Joint venture called OneSubsea. Cameron would manage OneSubsea with a 60% interest, with Schlumberger retaining 40%.

In January 2015, Helix, OneSubsea and Schlumberger formed the Subsea Services Alliance to develop technologies and deliver equipment and services to optimize the value chain of subsea well intervention systems.

In July 2015, Subsea 7 and OneSubsea entered into an agreement to form a non-incorporated alliance. The alliance was formed to focus on subsea production systems (SPS) and subsea processing systems, subsea umbilicals, risers and flowlines systems (SURF), and life-of-field services.

In August 2015, OneSubsea was awarded a contract to supply subsea processing systems for Shell's Stones development in the Gulf of Mexico.

Schlumberger announced in August 2015 that it was acquiring Cameron and OneSubsea for $14.8 billion.

Schlumberger announced in August 2022, that OneSubsea was going into a joint venture with AkerSolutions and Subsea7. The ownership of OneSubsea is 70% with Schlumberger, 20% with AkerSolutions and Subsea7 owning the last 10%[better source needed]

In July 2024, it was announced that OneSubsea was awarded the contract to front-end design an all electric subsea tree project from Equinor called Fram-Sør. managed by LD.[better source needed]

See also

References

  1. ↑ "Our leadership". OneSubsea. Retrieved 30 Aug 2024.
  2. ↑ "Cameron Announces Results For Third Quarter Of 2015". Cameron- SLB investors center. Cameron. Retrieved 30 March 2016.[permanent dead link]
  3. ↑ "Our story". Retrieved 30 Aug 2024.
  4. ↑ "Contact An Expert". www.onesubsea.slb.com. Retrieved 2024-08-29.
  5. ↑ "Statoil signing new agreements with OneSubsea and Aker Solutions". Statoil official website. Archived from the original on 12 March 2016. Retrieved 11 March 2016.
  6. ↑ "Our story". www.onesubsea.slb.com. Retrieved 2024-08-30.
  7. ↑ Chamberlin, Alex (17 September 2015). "OneSubsea's Importance in the Schlumberger-Cameron International Deal". Yahoo Finance. Yahoo. Retrieved 18 March 2016.
  8. ↑ "Cameron, Schlumberger form Subsea JV". Offshore Engineer. November 19, 2012.
  9. ↑ "Helix and OneSubsea and Schlumberger Execute Subsea Well Intervention Alliance Agreement". Retrieved 20 September 2023.
  10. ↑ "Brief-Subsea 7 and OneSubsea in global alliance". Reuters. 13 July 2015. Retrieved 15 March 2016.
  11. ↑ "OneSubsea, Subsea 7 form alliance". OE Offshore Engineer. 13 July 2015. Retrieved 15 March 2016.
  12. ↑ "OneSubsea to supply subsea processing systems for Shell's Stones development in Gulf of Mexico". Offshore Technology. August 20, 2015.
  13. ↑ "Schlumberger to Buy Cameron in $14.8 Billion Deal". Fox business. 5 January 2016. Retrieved 15 March 2016.
  14. ↑ "Schlumberger, Aker Solutions and Subsea 7 Create Joint Venture | OneSubsea". www.onesubsea.slb.com. Retrieved 2024-08-29.
  15. ↑ "SLB OneSubsea Awarded Contract by Equinor for Groundbreaking All-Electric Subsea Project | OneSubsea". www.onesubsea.slb.com. Retrieved 2024-08-30.